Law enforcement agencies from 15 European countries and the United States succeeded in bringing down a vast cybercrime laundering ring known as “QQAAZZ”. According to Europol, around 20 people were arrested and around 40 homes searched.
The QQAAZZ network had hundreds of personal and business bank accounts through which the dirty money of cybercriminals flowed. This was sometimes converted into cryptocurrency to further confuse the issue. In return, the launderers took a hefty 50% commission.
On Russian hacker forums, QQAAZZ presented itself as a “International and accomplice bank deposit service”. Among the customers were the hackers of Dridex, Trickbot or GozNym. That beautiful people.
Source : Europol