Crypto Mixer Crushed: US Feds Pull the Plug on $70M Laundering Hub
US feds have dismantled a crypto laundering service, E-Note, they say washed tens of millions in dirty digital cash. The alleged Russian operator, Mykhalio Petrovich Chudnovets, faces charges, but remains at large. The takedown aims to disrupt the financial rinse cycle for cybercriminals, hitting the middlemen instead of just the hackers.
Hot Take:
Who knew cybercrime had a rinse cycle? The feds just pulled the plug on E-Note, the criminal underworld’s very own digital laundromat. Goodbye dirty crypto, hello orange jumpsuits! Or at least that’s the plan, assuming they can catch the alleged Russian mastermind who’s probably now somewhere sipping vodka and watching the world burn. Cheers to that!
Key Points:
- US and European authorities dismantled E-Note, a crypto laundering service.
- E-Note allegedly moved over $70 million in illegal cryptocurrency.
- Servers, apps, and domains associated with E-Note were seized.
- Russian national Mykhalio Petrovich Chudnovets is charged with conspiracy to launder money.
- The operation is part of a broader crackdown on the financial enablers of cybercrime.
Already a member? Log in here