Interpol Seizes $105M And Dismantles Illegal Crypto Mines Across Africa

Interpol recovered more than $105 million and dismantled thousands of cybercrime networks across Africa during Operation Serengeti III , which ran from June 29 to August 31. The operation involved law enforcement agencies from 21 countries and resulted in 1,462 arrests . According to Interpol, authorities disrupted 10,909 malicious networks and identified 65,929 victims . Investigators linked the criminal activities to losses exceeding $385 million , involving online scams, ransomware, extortion , and other forms of cyber fraud. In Angola , authorities shut down two illegal cryptocurrency mining facilities , arrested nine people, and seized more than 2,000 mining devices and six illegally installed electrical transformer stations. The confiscated electrical equipment alone was valued at more than $1 million .

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