Ransomware

Germany and Switzerland Dismantle $1.4B Cryptomixer in Europol Raid

Germany and Switzerland, with Europol coordination, dismantled Cryptomixer, a nine-year-old crypto mixing service accused of laundering roughly $1.4 billion for ransomware groups and darknet markets. The takedown removes a long-standing money-laundering hub from the ecosystem.

FBI Seizes Over $2.4 Million in Bitcoin from Chaos Ransomware Member in Dallas – cover image
FBI Seizes Over $2.4 Million in Bitcoin from Chaos Ransomware Member in Dallas

The FBI has confiscated more than $2.4 million in Bitcoin from a member of the Chaos ransomware group, marking a significant victory in the fight against cybercrime. The seizure highlights the challenges cybercriminals face despite using cryptocurrencies for anonymity.