UAE police dismantle four transnational cybercrime networks, seize over $54.5 million in assets

UAE police dismantle four transnational cybercrime networks, seize over $54.5 million in assets

N
News Editor
2026-10-16 00:37:15
Sharjah Police in the United Arab Emirates said it worked with the Ministry of Interior in an operation codenamed "End of Battle" that dismantled four interconnected transnational criminal networks and arrested 33 suspects from 12 different nationalities, including key leaders of the groups. According to the announcement, the networks were linked to cyber intrusions, money laundering, digital wallet theft, fraud, extortion, illegal data trading, and violent assaults. Authorities said they seized more than 200 million dirhams, or about $54.5 million, reviewed more than 3,000 digital wallets, and protected over 30 companies and institutions worldwide. The assets tied to those protected entities were valued at more than 65 billion dirhams, or roughly $17.7 billion.

Sharjah Police in the United Arab Emirates said it joined the Ministry of Interior in a law enforcement operation codenamed "End of Battle," dismantling four interconnected transnational criminal networks and arresting 33 suspects from 12 different nationalities, including the main leaders of the organizations.

Police said the networks were involved in cyber intrusions, money laundering, digital wallet theft, fraud, extortion, illegal data trading, and violent assaults.

Authorities said they seized more than 200 million dirhams, or about $54.5 million, reviewed more than 3,000 digital wallets, and protected more than 30 companies and institutions worldwide, involving assets worth more than 65 billion dirhams, or about $17.7 billion.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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