Coinbase Joins 4-Day Crackdown on West Africa Crypto Scams and Asset Freezes

Coinbase has joined a coordinated enforcement effort aimed at disrupting scam networks expanding into West Africa. During an operation in London, Oct. 6 – 9, the exchange collaborated with the UK’s National Crime Agency, the U.S. Department of Justice’s Scam Center Strike Force, Tech Against Scams and other international partners. Coinbase’s Global Intelligence team was dedicated to tracking illegal funds related to scam operations. The company said investigators helped trace funds, supported asset freezes and could help ongoing criminal investigations for the company.