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UAE-Led Coalition Exposes $39 Billion in Crypto Fraud
The United Arab Emirates-led coalition has exposed over $39 billion in crypto fraud through a three-month operation involving 30 countries and 13 private sector partners, including Huawei, Mastercard, and Meta. Nearly 100 defendants and 29 fraud centers were raided, resulting in the arrest of over 960 individuals and the identification of 123.71 million online fraud attempts.