A three-month operation led by the UAE has resulted in the arrest of over 960 individuals suspected of involvement in crypto and online scams.
Source
"UAE-Led Operation Dismantles $39B Crypto and Online Scam Network" — CryptoPotato
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
Authorities also took action against financial institutions, blocking thousands of bank accounts and closing hundreds of social media accounts suspected of facilitating illicit activities.