Dutch Authorities Seize €38M in Ransomware Proceeds
The funds were traced to a wallet cluster linked to a prolific ransomware-as-a-service operation.
Dutch authorities on Tuesday announced the seizure of approximately €38 million in cryptocurrency tied to a prolific ransomware-as-a-service operation, following a multi-year tracing effort that involved European, US, and UK partners.\n\nProsecutors said the seized funds had passed through more than 240 wallets and several mixing services before being consolidated in addresses controlled by suspected operators.
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