Search Results: CybercrimeEnforcement

A five-month international law enforcement operation led by Interpol has confiscated over $439 million in cash and cryptocurrency from cybercrime syndicates worldwide. Targeting scams ranging from phishing to money laundering, the effort involved 40 countries and disrupted thousands of financial channels used by criminal networks.

European law enforcement has dismantled a sophisticated crypto fraud operation, arresting five suspects linked to over €100 million in losses from more than 100 victims across 23 countries. The scam lured investors with fake cryptocurrency platforms promising high returns before vanishing with their funds. This crackdown highlights the escalating threat of cyber-enabled financial crimes and the critical need for international collaboration in digital security.

Canadian authorities have dismantled the cryptocurrency exchange TradeOgre, seizing over $40 million in digital assets linked to criminal activity. This unprecedented enforcement action targets a platform notorious for its lax KYC policies and Monero trading, signaling a major crackdown on crypto anonymity.

Conor Fitzpatrick, the operator behind the notorious BreachForums hacking site, received a three-year prison sentence after a federal appeals court overturned his controversial initial penalty. The ruling marks a pivotal moment in holding cybercrime forum administrators accountable for enabling massive data breaches.

The FBI has confiscated 20 Bitcoin worth $2.4 million tied to the new Chaos ransomware group—a rebrand of the notorious BlackSuit operation with roots in the Conti cybercrime syndicate. This civil forfeiture follows attacks against Texas businesses and signals intensified law enforcement pressure on evolving ransomware affiliates.