The two katsaps were accused of providing money-laundering services that underpin the global cybercrime ecosystem.
The US Department of Justice has indicted two Russian citizens suspected of running a large-scale money-laundering service that supported a global network of cybercriminals. Sergey Ivanov, known as “Taleon”, is accused of organizing bank fraud and money laundering. He ran a number of payment and exchange services that processed $1.15 billion in transactions, many of which were linked to criminal activity; Timur Shakhmametov, known as “JokerStash”, operated a website for the sale of stolen payment cards; Serhiy Ivanov, known as Taleon, ran a website selling stolen payment cards.
The allegations are part of a global fight against cybercrime that requires international cooperation. During the investigation, servers and domains used for illegal transactions were seized. US and Dutch security services played a key role in the seizure of more than $7 million in cryptocurrency.
International cooperation is key in the fight against cybercrime. The US Department of Justice continues to work with partners in other countries to identify and punish those who fund cybercriminals.