UAE Police dismantle four transnational cybercrime groups, arrest 33 individuals, and seize $54.5 million in assets

UAE police dismantle four transnational cybercrime syndicates, arrest 33 individuals, and seize assets exceeding $540 million. Gold财经 reports that on October 16, Sharjah Police, in collaboration with the Ministry of Interior, launched Operation End of Battle, dismantling four interconnected transnational criminal networks and arresting 33 suspects from 12 different nationalities, including key leaders of the criminal organizations. These networks were involved in activities such as cyber intrusions, money laundering, digital wallet theft, fraud, extortion, illegal data trading, and violent attacks. Authorities seized assets exceeding 200 million AED (approximately $545 million), reviewed over 3,000 digital wallets, and protected more than 30 global businesses and institutions, safeguarding assets valued at over 65 billion AED (approximately $17.7 billion).