Police in the United Arab Emirates and Sweden have arrested seven people after investigators traced cryptocurrency transactions through an international money laundering network that allegedly handled 70 million Swedish krona ($7.1 million) and had financial links to organized crime and contract killings.
Summary
- UAE and Swedish police arrested seven suspects over a network accused of laundering roughly $7.1 million in 10 months.
- Crypto transaction tracing helped investigators uncover financial links to organized crime and contract killings.
- The alleged leader was detained in the UAE while six other suspects were arrested simultaneously in Sweden.
- Swedish authorities have…
