UAE-Led Operation Flags $39B Linked to Crypto and Online Scams
A UAE-led worldwide operation involving Interpol and regulation enforcement businesses from 30 nations recognized greater than $39 billion in fraud-linked funds and digital belongings whereas thwarting nicely over 123 million on-line fraud makes an attempt between July and September 2026.
The outcomes level to the dimensions of cross-border digital crime, with authorities now working to get better the recognized belongings and disrupt networks utilizing on-line platforms, monetary providers and cryptocurrencies.
Operation Confrontation Ghost Ran for Three Months Across 30 Countries
Led by the UAE’s Ministry of Interior, Operation Confrontation Ghost ran from July 1 to September 30 and went after AI-enabled fraud, monetary scams run by digital platforms and on-line sextortion. WAM, the Emirates News Agency, stated that the operation stopped no less than 123.71 million on-line fraud makes an attempt worldwide.
Authorities arrested greater than 960 suspects and raided 29 fraud facilities. Investigators recognized over 3,500 suspects and 15,500 victims, whereas 4,126 financial institution accounts had been blocked and greater than 570 social media accounts closed. Participants additionally exchanged over 9,000 items of intelligence.
Interpol and the Global Anti-Scam Alliance took half alongside 13 non-public firms, together with Crypto.com, Meta, Mastercard and TikTok, WAM added. The operation additionally reported that tokenization expertise helped safe greater than 4 billion transactions every month, decreasing fraud dangers and strengthening information safety.
Results had been offered at a UAE-organized aspect occasion in the course of the thirteenth session of the Conference of the Parties to the UN Convention Against Transnational Organized Crime in Vienna.
Colonel Dana Al Marzouqi, director-general of the Interior Ministry’s International Affairs Bureau, defined that real-time intelligence sharing helps businesses spot suspicious exercise sooner and hint illicit cash flows.
Dr. Monica Juma, government director on the UN Office on Drugs and Crime, referred to as the operation a mannequin of worldwide cooperation. She pressured that criminals’ use of AI, financial institution accounts and cryptocurrencies to transfer cash and cover its origins calls for higher countermeasures and nearer coordination.
US Authorities Have Been Chasing Similar Networks
As CryptoPotato reported beforehand, the US Justice Department’s Scam Center Strike Force seized Telegram-based rip-off market Xinbi Guarantee in September and restrained about $52 million in crypto in a single day.
That lifted the overall the Strike Force has restrained since its founding in November 2025 to roughly $938 million. Federal information reported crypto funding fraud losses at $8.65 billion in 2025, up 89% from 2023, though the FBI calls these figures “considerably underrepresented” as a result of most fraud victims don’t report.
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