Tag: cryptocurrency laundering
3 articles
US Disrupts Xinbi Guarantee Scam Network, Freezes $52.8 Million in Crypto
The US government has struck a major blow against a massive crypto scam network, freezing $52.8 million in cryptocurrency and dismantling a key online marketplace used to launder billions of dollars stolen from American victims. This crackdown is a huge win in the fight against pig butchering romance scams, a notorious scheme that has been draining the wallets of unsuspecting Americans.
FBI and Europol dismantle major crypto laundering platform
In a major crackdown, the FBI and Europol have dismantled AudiA6, a massive cryptocurrency laundering operation that helped cybercriminals move a whopping $389m in illicit funds between 2022 and 2025. The service was linked to at least 15 ransomware operations and multiple cryptocurrency theft schemes, making it a key player in the digital underworld.
Europol Disrupts AudiA6 Crypto-Laundering Service Linked to $380 Million Ransomware Scheme
Europol has dismantled a massive cryptocurrency laundering operation, known as AudiA6, that handled over $380 million in illicit funds for ransomware actors and cybercriminals. The service promised anonymity, but actually took a 3-10% cut to clean and return tainted assets in just an hour.