Europol Dismantles Global Cybercrime Network SIMCARTEL

A global operation spearheaded by Europol has dismantled the infamous SIMCARTEL cybercrime syndicate, targeting fraudulent accounts and disrupting financial crimes worldwide. The takedown saw authorities seize millions in illicit funds, including €431,000 in bank funds and €266,000 in cryptocurrency, impacting over 49 million fraudulent accounts across various cybercrimes such as phishing and investment scams.