Security News > 2023 > December > Interpol operation arrests 3,500 cybercriminals, seizes $300 million
An international law enforcement operation codenamed 'Operation HAECHI IV' has led to the arrest of 3,500 suspects of various lower-tier cybercrimes and seized $300 million in illicit proceeds.
199 million of the seized amounts concern hard currency, and the remaining $101 million corresponds to the value of 367 digital/virtual assets, such as NFTs linked to cybercrime.
"The seizure of USD 300 million represents a staggering sum and clearly illustrates the incentive behind today's explosive growth of transnational organized crime," stated Interpol's Stephen Kavanagh.
The HAECHI IV operation saw a 260% increase in arrests compared to HAECHI III, which occurred between June and November 2022.
Interpol and its partners arrested 975 suspects during that operation and froze $130,000,000.
Spain arrests 34 cybercriminals who stole data of 4 million people.