According to CoinMeta, and as announced by the UAE Ministry of Interior, the UAE led a joint effort with 30 countries, Interpol, as well as 13 private organizations including cryptocom, Mastercard, and meta to carry out a multinational anti-fraud operation codenamed “confrontation ghost” from July 1st to September 30th. The operation focused on combating AI fraud, digital financial fraud, and cyber extortion crimes. As a result of this operation, over $39 billion in funds and cryptocurrencies related to fraudulent activities were identified, involving more than 15,500 victims and 3,500 suspects. Over 960 people were arrested, 29 fraud centers were raided, and more than 4,100 bank accounts involved in fraud were identified. Currently, all parties involved are working to recover the relevant assets.