The operation identified 69 targeted sites (with an estimated 11.8 million annual visitors), referred 25 illicit IPTV services to crypto service providers for disruption and opened investigations into 44 additional sites, the agencies reported.

Authorities said investigators used purchase‑based cryptocurrency tracing alongside advanced OSINT tools to map illicit revenue streams and shut down crypto accounts, and that the multi‑agency effort — involving more than 15 countries and private partners — aims to cut criminal income, improve detection of crypto‑funded piracy and strengthen cross‑border cooperation against intellectual property crime.

Read More: Europol Sees Tools to Tackle Crime in Cryptocurrency and Blockchain Technologies

How much crypto was traced? — Europol reported about $55 million in cryptocurrency linked to piracy services.
How many sites were targeted? — Investigators identified 69 sites and referred 25 illicit IPTV services for disruption.
Which agencies led the operation? — The operation was coordinated by Europol with EUIPO and Spain’s Policía Nacional, plus more than 15 national and private partners.
What methods did investigators use? — Teams used purchase‑based crypto tracing and OSINT techniques to identify illicit actors and refer accounts to service providers for shutdown.

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