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UAE-Led Global Operation Flags $39B in Suspected Fraud-Linked Assets
A three-month global operation led by the United Arab Emirates has put more than $39 billion of funds and digital assets under scrutiny as suspected proceeds of online fraud. The operation targeted three types of crime: scams built on artificial intelligence, financial fraud run through digital platforms, and online sextortion. The ministry reported these results without specifying how the arrests or raids were divided among countries or the expected timeline for recovery.