FBI Disrupts Crypto Laundering Service E-Note
- U.S. prosecutors have indicted Mykhalio Petrovich Chudnovets, a Russian national, for operating E-Note.
- Authorities seized E-Note’s servers and websites, alleging it laundered over $70 million in illicit cryptocurrency.
- The operation involved the FBI, Michigan State Police, and international law enforcement partners.
- Chudnovets is charged with conspiracy to launder monetary instruments, facing up to a maximum of 20 years in prison.
- E-Note allegedly facilitated the movement of criminal proceeds from cryptocurrency into fiat currencies since approximately 2017.
Federal prosecutors in Michigan have disrupted an online cryptocurrency laundering service known as E-Note by seizing its online infrastructure and unsealing an indictment against its alleged operator, Mykhalio Petrovich Chudnovets. This action highlights intensified efforts to curb crypto laundering linked to ransomware and cybercrime.
Authorities allege that E-Note facilitated the transfer of over $70 million in illicit funds across borders since around 2017, contributing significantly to cybercrime activities worldwide. Source
