Interpol Recovers $105M in African Cybercrime Sweep That Shut Illegal Crypto Mines

Operation Serengeti III led to 1,462 arrests across 21 countries, while Angolan police seized more than 2,000 crypto mining devices.
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Operation Serengeti III led to 1,462 arrests across 21 countries, while Angolan police seized more than 2,000 crypto mining devices.

The scammers also ran a fake recovery service, contacting victims weeks later with promises to get their stolen crypto back.

European electronics chain MediaMarkt Saturn has also halted Ledger sales after a customer in Germany reported finding an implant.

Trezor is ending reseller authorizations on January 1, 2027, after Ledger confirmed that wallets sold by a Southeast Asian retailer carried a hidden implant that sent out users' recovery phrases.

Ledger says the hidden chip reads the 24-word phrase off the screen during setup, leaving the Secure Element and its software untouched.
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Bitget says that $4.6 billion in crypto was lost to scams in 2024, with much of that attributed to AI-generated deepfakes.
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