The UAE leads a crackdown on fraud, seizing over $39 billion in funds and cryptocurrencies

Oct 23, 2026 10:18:42

According to The Defiant, the UAE-led "Confrontation Ghost" operation has identified over $39 billion in funds and cryptocurrencies. The operation has arrested more than 960 people and raided 29 scam centers. The countries involved in the operation are advancing asset recovery efforts to reclaim the assets involved.

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