Europol has successfully disrupted AudiA6, a major cryptocurrency laundering service that facilitated money laundering for ransomware gangs and cybercriminal networks. The operation eliminated a critical financial infrastructure that processed an estimated €336 million (~$389 million) in illicit proceeds, representing a significant blow to cybercriminal monetization capabilities.
Authorities in Europe have disrupted AudiA6, a cryptocurrency laundering service used by ransomware gangs and cybercriminal networks. Europol, in a statement issued Thursday, said the dismantling of AudiA6 cut off a "key financial pipeline used to wash hundreds of millions in illicit profits." The service is estimated to have been used to launder more than €336 million (~$389 million) since the
Originally published at thehackernews.com
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