The US Secret Service launched Operation Avalanche to combat Ethereum phishing scams, seizing $4.3 million in stolen funds

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According to Foresight News and The Block, the U.S. Secret Service, with the assistance of Canadian officials, launched the "Avalanche Operation" to combat Ethereum phishing scams. The operation aimed to locate wallets with stolen funds on the Ethereum blockchain, discovering stolen assets amounting to $4.3 million. They will continue to collaborate with Canadian law enforcement and financial partners to identify, seize, and return the stolen assets to victims.

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