US seizes E-Note crypto exchange for laundering ransomware payments
Law enforcement has seized the servers and domains of the E-Note cryptocurrency exchange, allegedly used by cybercriminal groups to launder more than $70 million.
It is believed that the funds originated from ransomware and account takeover attacks, and were subsequently funneled through an international network of “money mules.”
“Since 2017, the FBI identified more than $70,000,000 of illicit proceeds of ransomware attacks and account takeovers transferred via E-Note payment service and money mule network, including laundered funds stolen or extorted from U.S. victims,” reads the Department of Justice announcement.
International partners (the Finnish National Bureau of Investigation and the German Police),…
