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Saturday, October 24, 2026Updated 13:28 UTC

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UAE-Led Coalition Exposes $39 Billion in Crypto Fraud, 960 Arrested

Source: Bitcoin News · Oct 24, 2026 06:30 UTC

Pile of physical souvenir Bitcoin coins — File photo antanacoins / Flickr · CC BY-SA 2.0 · Source

The Quick Take

Carried out for three months, the operation resulted in the arrest of nearly 100 defendants and the raid of 29 fraud centers. 30 countries and 13 private sector partners, including Huawei, Mastercard, and Meta, were involved in the joint actions that managed to identify over $39 billion in fraud-linked assets. Operation Confrontation Ghost Results in […]

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