10,987 anti-fraud measures... About 50 organizations participate in Canada operation

Canada’s anti-fraud operation, run Nov. 2–6 and involving more than 50 organizations including bitcoin ATM operator Localcoin and the RCMP, produced 10,987 actions and 4,264 fraud reports as of Nov. 6, the RCMP said Nov. 9. Actions included disabling fraudulent email accounts, blocking phone numbers, removing or blocking websites and URLs, flagging, blocking or reversing suspicious transactions, and adding fraudulent crypto addresses to blocklists. Localcoin said its compliance team identified fraud signals across its Canadian ATM network and stopped risky transactions. The scale of the multi-agency effort matters because it shows coordinated enforcement spanning telecoms, web infrastructure and crypto cash-out points, with crypto addresses now treated as a blockable fraud vector. What to watch next is whether the RCMP and CAFC publish follow-up tallies on funds recovered or transactions reversed, and whether Localcoin and other participants disclose how many ATM transactions were halted.