The Justice Department said the operation began last year following “numerous” victim complaints to the FBI by U.S. victims who lost millions through cryptocurrency investment fraud schemes.
The platforms allegedly flouted the bloc’s Digital Services Act (DSA) by “failing to diligently identify, assess and mitigate the risks of minors under 13 years old accessing their services,” the commission said.
Swiss and German law enforcement have arrested 10 suspected members of the Nigerian criminal network Black Axe, including a regional leader believed to oversee operations in Southern Europe.
In this GCN article, Staffan Truvé, CTO and Co-Founder at Recorded Future, explores how machine learning is speeding the processing of cybersecurity data.