A 20-Year-Old's Crypto Wallet Moved $123M in Romance-Scam Cash: Interpol Says

Here is the latest from the digital-asset markets: In brief Thai police arrested two people over a scheme that laundered romance-scam proceeds through crypto, using cross-chain swaps to hide the trail, Interpol said. One suspect, aged 20, controlled a wallet that processed more than $122.

5 million in 10 months. The arrests came out of Operation First Light 2026, a four-month push across 97 countries and territories that led to 5,811 arrests and the interception of $293 million in illicit assets.

Interpol said it identified more than 142,000 victims and blocked over 31,000 bank accounts, using its I-GRIP stop-payment tool to check the flows of fiat and virtual assets.

Crypto markets are watching this development closely as investors weigh its potential impact on prices.