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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.
The FBI has reportedly seized the RAMP cybercrime forum, a hub for ransomware groups. Following the seizure, its former administrator, Stallman, acknowledged the loss and indicated he would shift to purchasing access to victim networks instead of creating a new forum. The legitimacy of the seizure has raised questions, given past claims of similar operations being scams.