The FBI and international law enforcement agencies shut down the cryptocurrency exchange E-Note, which facilitated over $70 million in illicit transactions related to ransomware and cyberattacks. The operation targeted a Russian national, Mykhalio Chudnovets, who operated E-Note and was involved in money laundering since 2010. #E-Note #MykhalioChudnovets
Keypoints
- Law enforcement seized servers, websites, and user data linked to E-Note’s illegal activities.
- E-Note was used to process funds stolen from healthcare and critical infrastructure cyberattacks.
- Since 2017, the platform facilitated over $70 million in ransomware-related transactions.
- A Russian national, Chudnovets, faces charges of operating E-Note and money laundering.
- Multiple agencies including the FBI, DOJ, German, and Finnish authorities collaborated in the operation.
Read More: https://therecord.media/fbi-takes-down-alleged-money-laundering-operation