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Europol Takes Down Cybercrime Network in Latvia, Seizes $330,000 in Crypto

The network provided SIM boxes and cards that fraudsters used to set up fake online accounts, stealing more than $5 million in Austria.

Europol has seized $330,000 in crypto and arrested seven individuals as part of the takedown of a cybercrime-as-a-service network operating out of Latvia.
Codenamed SIMCARTEL, the Europol- and Eurojust-led operation seized 1,200 SIM box devices and 4… [2082 chars]

Source: Decrypt | Published: 2025-10-21T17:06:35Z

Credit: Decrypt

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