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The European Union Agency for Law Enforcement Cooperation has dismantled a malicious software placement ring linked to at least $75 million of stolen cryptocurrency

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2024-05-31 14:13:51
On May 31st, according to Crypto Briefing, a multinational coordinated effort of the European Union Agency for Law Enforcement Cooperation has launched a large-scale operation against the ecosystem of malicious software dispensers called "Operation Endgame". The operation, led by France, Germany and the Netherlands, took place from May 27 to 29, 2024, targeting a variety of malicious software dispensers including IcedID, SystemBC, Pikabot, Smokeloader, Bumblebee and Trickbot.
The investigation revealed that one of the main suspects made at least 69 million euros (about 75 million dollars) in cryptocurrency by deploying ransomware through a rental criminal infrastructure website. Law enforcement agencies are closely monitoring the suspect's transactions and have obtained legal permission to seize the assets in future operations. The press release issued by the European Union Agency for Law Enforcement Cooperation did not mention any specific cryptocurrency or platform used in the transaction.
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