The FBI, in collaboration with German and Finnish authorities, has dismantled E-Note, a major crypto laundering service linked to over $70 million in illegal funds. The operation, run by Russian national Mykhalio Chudnovets, helped cybercriminals, including ransomware attackers, disguise their stolen money. Chudnovets now faces serious charges that could lead to a lengthy prison sentence.

European law enforcement arrested 18 people involved in credit card fraud and money laundering, which defrauded 4.3 million cardholders across 193 countries, resulting in losses of €300 million ($346 million). The operation, named Chargeback, targeted a total of 44 suspects, including nationals from several countries.

Europol has shut down Cryptomixer, a cryptocurrency laundering service linked to the laundering of 1.3 billion euros since 2016. The site was used by cybercriminals to obscure the origins of their funds, making it harder for authorities to trace illegal transactions.

Canada’s financial regulators have imposed a historic $176 million fine on the cryptocurrency platform Cryptomus for failing to report suspicious transactions linked to serious crimes such as child sexual abuse material, fraud, and ransomware payments. The action follows an investigation revealing that Cryptomus facilitated numerous cybercrime services and was connected to a network of shadowy money service businesses operating under false pretenses in Canada.

Founders of the Samourai Wallet cryptocurrency mixer, Keonne Rodriguez and William Lonergan Hill, have pleaded guilty to laundering over $200 million for cybercriminals. They face significant fines and potential prison sentences as part of their plea deal with the U.S. Department of Justice.