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 been increasing efforts to…