Europol and Eurojust dismantle a €100m ML network using offshore accounts, shell companies, and unregulated crypto exchanges, seizing €8m in cash and freezing €27m in cryptocurrencies

The authorities discovered that the group was running a sophisticated money laundering service for other criminal organisations. The group acted as a financial service to transfer criminal profits internationally. Cryptocurrencies were used to move cash profits between criminal organisations. To dispose of the cash profits, money was transported on commercial flights, mainly to Cyprus, and by public transport to neighbouring countries of Spain…