Cryptocurrency fraud recognized as a global threat by Interpol

Interpol has classified cryptocurrency fraud as a significant global threat, acknowledging its inclusion in a vast industry of scams. The resolution highlights the need for coordinated efforts among law enforcement to address this growing issue.

These transnational criminal networks utilize human trafficking and online scams to target victims, frequently promising lucrative job opportunities overseas. As a result, many individuals fall into traps of illegal activities.

In response to the rising threat, a special task force has been developed by the U.S. Department of Justice to tackle these fraud networks. Interpol’s resolution signifies a crucial step in enhancing international cooperation against cryptocurrency-related crime.

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