The emirate of Sharjah in the United Arab Emirates has dismantled four international criminal networks active in the cryptocurrency sector. Thirty-three suspects from twelve different nationalities were arrested during an operation called « End of Battle ». Over 54 million dollars were seized, while more than 65 billion dirhams in assets were secured. The networks were involved in crypto wallet theft, money laundering, social engineering scams, violent assaults and targeted kidnappings. A money laundering network worth 8.8 billion dollars was also uncovered.
Source: Read the original article


