FBI Dismantles Alleged $70M Crypto Laundering Operation

FBI dismantles alleged $70M crypto laundering operation

: Justice Department claims unlicensed exchange funneled ransomware profits

Feds In Michigan Dismantle ‘E-Note’ Crypto Empire, Charge Russian Man In $70M Laundering Operation

A major digital pipeline used by cybercriminals to “wash” illicit funds has been severed following a coordinated international law enforcement operation. The United States Attorney’s Office for the Eastern District of Michigan announced Tuesday the seizure of the online infrastructure behind “E-Note,” a cryptocurrency exchange platform accused of facilitating money laundering for transnational criminal organizations. […] Feds In Michigan Dismant…

Feds, Mich. authorities take down alleged virtual money laundering site

Cryptocurrency exchange E-note accused of laundering $70M from ransomware attacks targeting U.S. health care and critical infrastructure.

DOJ announces takedown of alleged laundering platform used by cybercriminal groups

Federal prosecutors in Michigan say they have dismantled online infrastructure tied to an alleged money laundering operation that moved tens of millions of dollars in proceeds from ransomware and other cybercrime, along with indicting the service’s creator. The U.S. Attorney’s Office for the Eastern District of Michigan announced a coordinated action with international partners and the Michigan State Police targeting E-Note, a cryptocurrency exc…

FBI busts $70 million crypto laundering service run by a Russian

The U.S. Federal Bureau of Investigation (FBI) has dismantled a money laundering platform that provided cashout services to cybercriminals using cryptocurrency. The illegal exchange, operated by a Russian national, is believed to have processed the staggering $70 million in illicit proceeds, American judicial authorities revealed. USA disrupts Russian-led virtual money laundromat The United States Attorney’s Office for the Eastern District of Mi…

FBI Seizes Crypto Laundering Hub E-Note Linked to Russian Admin

The FBI and international police have shut down E-Note, a cryptocurrency exchange that laundered over $70 million for cybercriminals. Read about the indictment of a Russian and how the global task force ended his decade-long operation.