Sharjah Police Dismantle Major Cybercrime Networks in $2.4 Billion Operation

• •Sharjah Police arrested 33 suspects from 12 countries in a major cybercrime operation.
• •The operation involved four gangs specializing in cyber fraud, money laundering, and violent intimidation.
• •Over Dh200 million was seized, protecting assets worth more than Dh65 billion globally.

Sharjah Police have arrested 33 individuals from 12 countries linked to four international criminal networks involved in cyber fraud, digital wallet theft, and money laundering. The operation, named 'End of Battle', uncovered a scheme that allegedly laundered Dh8.8 billion ($2.4 billion) through cryptocurrency and hacking. More than Dh200 million was seized, and assets worth over Dh65 billion were protected across 30 companies worldwide. The investigation began with a 15-year-old boy whose digital wallet contained significant cryptocurrency, leading police to uncover a complex web of cybercriminal activities, including violent assaults to extract digital wallet passcodes. Each gang specialized in different criminal activities, including hacking, money laundering, social engineering, and intimidation. The operation is considered one of the largest in Sharjah Police history, showcasing the growing threat of organized cybercrime on a global scale.