FBI shuts down E-Note, a major money-laundering service for cybercriminals

19.12.2025 2 minutes Author: Newsman

The US Federal Bureau of Investigation has dismantled E-Note, a shadowy cryptocurrency exchange widely used for laundering illicit proceeds from cybercrime. As part of the operation, US authorities also charged a 39-year-old Russian national accused of running the service for more than a decade.

According to the US Department of Justice, E-Note had been operating since at least 2010 and served as a crucial financial hub for international cybercriminal networks. The platform enabled hackers to convert cryptocurrency into cash, move funds across borders, and conceal the origins of illicit profits.

Investigators say that since 2017, at least $70 million in illegal funds were laundered through E-Note. A significant portion of this money stemmed from ransomware attacks targeting healthcare organizations and critical infrastructure entities in the United States.

  • During the takedown, law enforcement seized servers, domains, and mobile applications linked to the service, including e-note.com, e-note.ws, and jabb.mn. Authorities also obtained copies of customer databases and transaction records, providing valuable intelligence on the network’s users.

  • Prosecutors allege that E-Note was operated by Mikhail Petrovich Chudnovets, a Russian national who allegedly coordinated the platform’s financial operations and worked directly with cybercriminal groups. He has been charged with conspiracy to commit money laundering, an offense that carries a potential sentence of up to 20 years in prison in the US.

The operation was led by the FBI’s Detroit Cyber Task Force in cooperation with law enforcement agencies in Germany and Finland. US officials confirmed that the suspect is not currently in custody.

The shutdown of E-Note highlights the growing ability of international law enforcement to disrupt the financial backbone of cybercrime. By targeting cash-out and laundering services, authorities strike at the economic incentives behind ransomware and large-scale cyberattacks, even when perpetrators remain outside immediate reach.додати таймлайн або threat-intel блок

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