Crypto scams have become one of the biggest threats in the digital economy. Fraudsters use fake platforms, romance traps, and even advanced tools like AI to steal funds on a massive scale. For years, recovering stolen crypto was seen as nearly impossible because of the speed and anonymity of blockchain transactions. However, things are starting to change. Stronger cooperation between police, governments, and crypto companies has made it possible to stop criminals in new ways. In the past year, more than $300 million in stolen crypto has been frozen through joint efforts. T3 FCU Freezes $250M Through Teamwork One of the biggest successes comes from the T3 FCU initiative, built by TRON, Tether, and TRM Labs, with active support from Binance. In just one year, this group froze over $250 million in stolen assets across many countries. The project has also blocked smaller but harmful scams. Around $6 million linked to romance scams and pig butchering fraud was stopped. These types of fraud trick people into sending money little by little over time. Paolo Ardoino, CEO of Tether, said the results prove what can be done when the industry works together. He explained that freezing over $300 million in just one year shows the real power of global teamwork. Chainalysis Helps Global Agencies Recover Millions from Crypto Scams In parallel, Chainalysis, which led Operation Spincaster in 2024, announced results from its work with agencies in North America. Over the past six months, the company supported two major operations. These include Project Atlas, led by the Ontario Provincial Police in Canada, and Operation Avalanche, led by the BC Securities Commission. Together, these initiatives uncovered more than $74 million in confirmed losses and froze tens of millions in related illicit funds. The blockchain analytics firm noted that the investigations went far beyond national borders. Project Atlas alone identified over 2,000 crypto wallets linked to fraud victims across 14 countries. These countries include the United States, Australia, Germany, and the United Kingdom. Global Crackdown Rises as Crypto Scams Grow in 2025 Crypto scams and tactics in 2025 are moving faster and becoming more advanced. As the industry grows bigger and more mainstream, criminals are also finding new ways to trick people. Fraudsters now use tools like artificial intelligence (AI), deepfake videos , and long-term scam tactics to exploit victims financially. Losses have already reached billions of dollars in just the first half of the year. Nevertheless, combining law enforcement agencies, blockchain analytics companies, and cryptocurrency companies has proven to be a potent weapon against crypto-related crime . The post Global Efforts Freeze Over $300M From Crypto Scams appeared first on TheCoinrise.com .
