Europol Seizes Malware Dropper Linked to Millions in Stolen Cryptocurrency
CryptoNewsTerminal Staff31 May, 2024
Europol Seizes Malware Dropper Linked to Millions in Stolen Cryptocurrency
Europol, the European police agency, has identified a syndicate responsible for stealing over $75 million in cryptocurrency through malware and ransomware attacks, during its Operation Endgame crackdown. The syndicate leased criminal infrastructure sites for ransomware distribution, siphoning off cryptocurrency funds. Law enforcement is monitoring the suspects’ transactions and has obtained legal authorization to seize stolen assets, which include the cryptocurrency involved in the attacks. The specific cryptocurrency involved was not disclosed, but it highlights the use of cryptocurrency in cybercrimes. Europol's actions show that law enforcement is taking steps to address cryptocurrency-related crimes and bring criminals to justice. It demonstrates Europol's commitment to combating cybercrime and protecting citizens’ digital assets.
