cybercrime

UK disrupts Russian money laundering networks used by ransomware

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December 4, 2024 at 03:25PM The UK’s National Crime Agency disrupted two Russian money laundering networks, arresting 84 suspects in “Operation Destabilise.” These networks, linked to ransomware gangs, laundered millions for cybercriminals. The operation unveiled connections among Russian elites, cybercriminals, and UK drug gangs, highlighting significant international collaboration in tackling such financial crimes. ### Meeting … Read more

Cops arrest suspected admin of German-language crime bazaar

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December 4, 2024 at 10:36AM German authorities have shut down the Crimenetwork platform again, arresting a 29-year-old suspected admin and seizing about €1 million in cryptocurrency. Launched in 2012, the platform facilitated illegal sales, amassing more than €90 million in transactions. Law enforcement aims to enhance data-sharing efforts for future investigations. ### Meeting Takeaways: 1. … Read more

Europol Dismantles Criminal Messaging Service MATRIX in Major Global Takedown

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December 4, 2024 at 07:42AM Europol announced the takedown of the criminal messaging service MATRIX, following a joint operation with French and Dutch authorities. Over 2.3 million messages linked to serious crimes were intercepted. Concurrently, Germany’s BKA shut down the Crimenetwork marketplace, while South Korea arrested six for adding DDoS capabilities to satellite receivers. ### … Read more

Law Enforcement Read Criminals’ Messages After Hacking Matrix Service

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December 4, 2024 at 05:49AM Law enforcement, led by Europol, dismantled the encrypted messaging service Matrix, previously used by criminals. After spying for three months and intercepting 2.3 million messages, police arrested several suspects in France, Spain, and Lithuania. Matrix had around 8,000 global users involved in criminal activities like drug trafficking and money laundering. … Read more

Police seizes largest German online crime marketplace, arrests admin

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December 3, 2024 at 12:21PM Germany has dismantled the largest online cybercrime marketplace, “Crimenetwork,” and arrested its administrator. The platform was involved in the sale of drugs, stolen data, and illegal services, highlighting efforts to combat online criminal activity. **Meeting Takeaways:** 1. **Action Taken**: German authorities successfully shut down the largest online cybercrime marketplace, called … Read more

Police seize Matrix encrypted chat service after spying on criminals

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December 3, 2024 at 10:31AM Operation Passionflower has successfully dismantled MATRIX, an encrypted messaging platform for cybercriminals, following a major investigation across Europe. Authorities seized 40 servers, encrypted phones, and cash, arresting five suspects. Police monitored 2.3 million messages over three months, aiding further investigations into criminal activities linked to the platform. ### Meeting Takeaways … Read more

Russia gives life sentence to Hydra dark web kingpin after seizing a ton of drugs

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December 3, 2024 at 02:34AM A Russian court sentenced Hydra’s leader, Stanislav Moiseev, to life for running an online drug marketplace, alongside 15 co-conspirators receiving 8 to 23 years. The gang was charged with drug production and sales, with their operations disrupted in 2022 following an international police raid. Appeals are expected. Here are the … Read more

Korea arrests CEO for adding DDoS feature to satellite receivers

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December 2, 2024 at 04:14PM South Korean police arrested a CEO and five employees for producing 240,000 satellite receivers with illegal DDoS attack capabilities. The receivers, sold to a foreign company, were used to counter competition. Authorities, alerted by Interpol, seized assets worth $4.35 million. The purchasing company operators remain at large. **Meeting Takeaways:** 1. … Read more

Interpol Cyber-Fraud Action Nets More Than 5K Arrests

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December 2, 2024 at 04:07PM Operation HAECHI V, involving law enforcement from 40 countries, led to the arrest of over 5,500 suspects and the seizure of $400 million in virtual assets, targeting various cyber frauds. Notably, a voice-phishing syndicate linked to $1.1 billion in losses was dismantled. Interpol emphasized the importance of international cooperation in … Read more

Russia arrests one of its own – a cybercrime suspect on FBI’s most wanted list

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December 2, 2024 at 07:44AM Mikhail Pavlovich Matveev, a notorious cybercriminal and alleged ransomware mastermind, was reportedly arrested by Russian authorities. Indicted by the US in 2023 with a $10 million reward for his capture, his arrest might signal a shift in Russia’s approach to cybercrime, possibly linked to financial pressures due to the Ukraine … Read more