UAE-led operation with 30 countries flags $39B in scam funds and crypto
- —Over $39 billion in funds and crypto linked to scam activity identified
- —More than 960 arrests, 29 fraud centers raided, 3,500+ suspects
- —15,500+ victims and 4,126 bank accounts identified, 570+ accounts shut down
- —30 countries and 13 partners joined, including Crypto.com, Meta, Mastercard and Huawei
Why it matters: The largest coordinated anti-scam crackdown could accelerate wallet blacklisting and tighter KYC enforcement across crypto exchanges.
Source: PR Newswire Blockchain