$1.3 Million in crypto seized following raids on Ukrainian ransomware operators in Europol investigation - AML Intelligence
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$1.3 Million in crypto seized following raids on Ukrainian ransomware operators in Europol investigation

By Elizabeth Hearst for AMLi

Police officials in Ukraine have arrested two “prolific ransomware operators” known for their “extortionate ransom demands”, in a joint operation between French and Ukrainian police, as well as agents from the FBI, Europol and Interpol. 

Over $1.3 Million (€1.12 Million) in cryptocurrencies were seized, as well as $375,000 (€325,000) in cash, and luxury vehicles worth €217,000. Authorities have arrested two individuals, and conducted seven property searches as part of the investigation. 

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