Coinbase Partners with DOJ and UK Agencies to Combat West African Crypto Scams
Coinbase joins a multi-agency operation targeting West African scam networks, focusing on fund tracing and intelligence sharing.
Coinbase joins a multi-agency operation targeting West African scam networks, focusing on fund tracing and intelligence sharing. This is an original Token Times brief synthesising 2 outlets (Blockonomi, Crypto.news), plus live market data, as of Wed, 14 Oct 2026 12:00:02 UTC.
This collaboration highlights the growing role of crypto exchanges in global law enforcement efforts against cybercrime, showcasing the industry's commitment to combating illicit activities while protecting legitimate users.
- Coinbase participated in a four-day operation with US and UK agencies.
- The operation focused on tracing illicit funds and disrupting West African scam networks.
- Coinbase's Global Intelligence team provided real-time intelligence support.
- The collaboration reflects increasing cooperation between crypto firms and law enforcement.
Blockonomi and Crypto.news both report that Coinbase joined a four-day operation in London from October 6-9, hosted by the UK's National Crime Agency and involving the U.S. Department of Justice's Scam Center Strike Force. The operation aimed to disrupt West African scam networks through fund tracing, asset freezing, and intelligence sharing. While both outlets agree on the core details of the operation, Crypto.news specifically mentions Coinbase's Global Intelligence team being involved, a detail not explicitly noted in the Blockonomi report.
Coinbase has partnered with U.S. and UK law enforcement agencies in a coordinated effort to combat West African crypto scam networks. The operation, which took place over four days from October 6 to 9 in London, was hosted by the UK's National Crime Agency and included the U.S. Department of Justice's Scam Center Strike Force.
According to Coinbase's October 13 blog post, the exchange's Global Intelligence team played a crucial role in the operation by tracing illicit funds, supporting asset freezes, and sharing real-time intelligence with law enforcement agencies. This collaboration marks a significant step in the ongoing fight against cybercrime, demonstrating the potential of public-private partnerships in tackling sophisticated criminal networks.
The operation underscores the increasing involvement of crypto exchanges in global law enforcement efforts. As digital assets become more mainstream, exchanges like Coinbase are leveraging their technological capabilities to assist in investigations and help dismantle illicit operations. This partnership also highlights the importance of intelligence sharing and coordinated action in addressing the challenges posed by transnational cybercrime.
The broader market context shows a relatively stable crypto landscape, with the total market cap at $2.87 trillion and 
Bitcoin experiencing a modest 0.22% gain over the past 24 hours. The Fear & Greed Index stands at 62, indicating a sentiment of 'Greed' among investors.
The success of this operation could set a precedent for future collaborations between crypto firms and law enforcement agencies. As the industry continues to mature, such partnerships will likely become more common, enhancing the overall security and integrity of the crypto ecosystem.
Figures and sectors in this story, checked live against on-chain aggregators · October 14, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Coinbase Partners with DOJ and UK Agencies to Combat West Af — questions & answers
What was the main goal of the operation?
The operation aimed to trace illicit funds and disrupt West African scam networks.
How did Coinbase contribute to the operation?
Coinbase's Global Intelligence team provided real-time intelligence, supported asset freezes, and traced illicit funds.
Why is this collaboration significant?
It demonstrates the growing role of crypto exchanges in law enforcement and the effectiveness of public-private partnerships in combating cybercrime.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Blockonomi, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.