FBI And Australian Police Dismantle Major Cyber Syndicate Laundering Millions In Crypto
TL;DR
- The FBI and the Australian Federal Police dismantled an international cybercriminal network that laundered millions in cryptocurrencies through darknet forums.
- Two young men from Perth, aged 21 and 23, compromised the infrastructure of more than 1,000 organizations and stole 500,000 user credentials.
- Those detained inserted malware into open-source tools to gain access to corporate networks and then sell that access for cryptocurrencies.
The United States Embassy in Australia and the FBI jointly announced the dismantling of an international crypto asset laundering network that operated in service of a global cybercriminal syndicate.
The operation was carried out in coordination with the Australian Federal Police and is presented by Washington as a demonstration of security agencies’ capacity to deanonymize and seize cryptocurrencies anywhere in the world.
A joint @FBI, @AusFedPolice and @WA_Police investigation has led to the arrest of two Western Australian men charged with allegedly hiding malicious code in open-source software, harvesting 500,000+ credentials and compromising 1,000+ organizations worldwide. A powerful example…
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