The Globe and Mail reports in its Friday edition that Canadian, American and British law-enforcement agencies have frozen more than $12-million (U.S.) of fraudulently obtained funds during a week-long blitz aimed at tackling cryptocurrency investment scams. The Globe's Alexandra Posadzki writes that dubbed Operation Atlantic, the initiative also identified another $33-million (U.S.) that the agencies believe is linked to investment fraud schemes and that they plan to look into further. During the week-long enforcement blitz which started March 16, the U.S. Secret Service, Britain's National Crime Agency, the Ontario Provincial Police and the Ontario Securities Commission worked together to tackle what are known as "approval phishing" scams in real time. In these situations, victims are tricked into clicking a pop-up or alert that gives scammers access to their cryptocurrency wallets. The criminals then transfer funds out of the victims' wallets, making them difficult to recover because the transactions are irreversible. The initiative followed a 2024 operation called Project Atlas, working with international law-enforcement partners, that was led by the OPP and prevented more than $70-million of fraud losses.