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UAE-Led Scam Crackdown Identifies Over $39 Billion in Funds and Crypto

The Defiant·October 23, 2026·1 min read
UAE-Led Scam Crackdown Identifies Over $39 Billion in Funds and Crypto

Operation Confrontation Ghost, a UAE-led scam crackdown, identified over $39 billion in funds and crypto, with more than 960 arrests and raids on 29 fraud centers. Participating countries are working toward asset recovery, marking one of the largest coordinated efforts against financial fraud.

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