Europol is the European Union's law enforcement agency, coordinating cross-border criminal intelligence and operations among EU member states.
Oleg Korniev, a leader of Your Mule Cashout, pleaded guilty to money laundering for a ring that has used more than 15,000 US money mules since 2007. Stolen funds landed first in the mules' own US bank accounts, so banks saw the money long before prosecutors reached Korniev.
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President Trump's administration put up to $215 million behind a fault-tolerant quantum computing contest in a science package of more than $6 billion. Nearly all of it pays out only after a team has a working error-corrected machine, so startups still fund the build privately.
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Europol named wallet keys as crypto's main quantum exposure, a risk that covers the 6.04 million bitcoin Glassnode counts with public keys already on-chain. Its report says those coins can be protected only by moving them before an attack, so the length of the migration queue sets the deadline for custodians.
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None of 24 federal agencies reviewed by the US GAO has fully completed all three post-quantum basics of inventory, funding and testing. Europol's guidance a day later puts the risk on data harvested now and decrypted whenever a capable quantum computer appears.
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Eurojust says a 16-year-old is the suspected main operator of KillSec, a group it blames for almost 1,000 data-theft extortion attacks since 2024. Both published accounts say its favoured way in was poorly secured access to victims' cloud storage.
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Investigators say KillSec, tied to about 1,000 suspected attacks, got in through software flaws, weak cloud storage and logins bought on the dark web. Those gaps sit in victims' own systems, beyond the reach of any server seizure.
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The August 31 operation cut the operator off from over 15,000 bots without cleaning a single disk. The Sality hosts on your network will stop calling home and keep infecting every executable they can write to.
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FATF's new typology finds hawala operators running as scalable digital businesses, and the practical consequence lands on the licensed banks, fintechs and exchanges whose rails they enter and leave through.
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