Latest Update
2026-10-15 09:07 UTC

Sharjah Police: Dh8.8B Crypto Laundering Networks Dismantled

Sharjah Police: Dh8.8B Crypto Laundering Networks Dismantled

Charles d'Haussy reported that Sharjah Police dismantled four international networks tied to an alleged Dh8.8 billion money-laundering operation involving crypto theft and hacking, while Cyber50 partnered with Ledger on hardware security.

Source

Analysis

Sharjah Police dismantled four linked international networks tied to an alleged Dh8.8 billion money-laundering operation involving crypto theft, hacking, fraud, and attacks on digital wallet holders. Cyber50, led by CEO Abdulla Bader al Seiari, became an official launch partner with Ledger to explore the Atom’s hardware-backed security for sensitive and government-grade communications and privacy in the region.


Charles d'Haussy | dYdX

@charlesdhaussy

CEO @dYdXfoundation - Crypto Derivatives, DeFi & Governance / ex. ConsenSys & .gov.hk