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How Europol Helped Freeze $47M in Crypto Tied to Cybercrime

Authorities from Europe and North America dismantled a major malware infrastructure, seized $47 million in crypto assets, and recovered 27 million stolen credentials.

Written By Isha Chavda
Edited by Shubham Soni
Published 2026-06-25
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How Europol Helped Freeze $47M in Crypto Tied to Cybercrime

Key Highlights

  • Operation Endgame froze more than $47 million (€41 million) in criminal cryptocurrency assets.
  • Law enforcement agencies disrupted 326 servers and 142 domains tied to malware operations.
  • Over 27 million stolen credentials were recovered during the investigation.

A major international law enforcement operation has disrupted some of the world’s most widely used malware networks and frozen more than $47 million (€41 million) worth of cryptocurrency linked to cybercriminal activity.

According to the Europol report, the latest phase of Operation Endgame targeted the infrastructure behind malware strains, including SocGholish, Amadey, and StealC, which have been widely used to facilitate ransomware attacks, credential theft, financial fraud, and large-scale cyber intrusions.

The coordinated operation involved authorities from Canada, Denmark, Germany, the Netherlands, the United Kingdom, and the United States, alongside Europol, Eurojust, Microsoft, and several private cybersecurity partners.

What authorities found during the raid

As part of the operation, investigators identified and restricted access to cryptocurrency assets linked to criminal activity with an estimated value exceeding $47 million. Authorities also recovered approximately 27 million stolen login credentials that had been collected through malware infections and credential theft campaigns.

The operation focused on disrupting the infrastructure that cybercriminals use to launch attacks rather than targeting individual ransomware incidents. Investigators took action against 326 servers and 142 domains connected to the malware ecosystem, disrupting the distribution channels used by threat actors.

How cybercriminals used malware to steal data

Europol described the targeted malware as part of the growing “cybercrime-as-a-service” ecosystem, where malware developers provide attack tools to other criminals. 

SocGholish, also known as FakeUpdates, spread through compromised websites by displaying fraudulent browser update prompts. Victims who installed the fake updates unknowingly gave attackers access to their systems.

StealC was primarily designed to harvest passwords, authentication credentials, and sensitive user information from infected devices, while Amadey was commonly used as an initial access tool capable of delivering additional malware and stealing data.

According to Microsoft intelligence cited by Europol, Amadey and StealC alone were linked to more than 140,000 infected devices worldwide during the first two weeks of May 2026.

Why authorities targeted cybercrime supply chain

Rather than focusing on a single ransomware group, investigators aimed to disrupt the infrastructure that enables cyberattacks at scale. Europol said the operation was designed to dismantle the “assembly line” cybercriminals use to launch ransomware campaigns, steal credentials, conduct financial fraud, and attack critical infrastructure.

The agency’s European Cybercrime Centre (EC3) coordinated intelligence sharing, cryptocurrency tracing, operational support, and victim notification efforts throughout the investigation.

Europol expands crypto crime crackdown

The latest action continues Europol’s broader efforts to target cryptocurrency-related criminal networks.

Last year, Europol coordinated a separate operation that dismantled a large cryptocurrency investment fraud network and arrested multiple suspects accused of defrauding victims across several jurisdictions.

The agency says cybercriminal groups increasingly rely on cryptocurrency to move, conceal, and launder illicit proceeds, making blockchain tracing and international cooperation critical components of modern cybercrime investigations.

Europol confirmed that Operation Endgame remains ongoing and that additional enforcement actions may follow as investigators continue identifying criminal infrastructure and tracing illicit funds.

Authorities believe the disruption of key malware services, combined with the seizure of cryptocurrency assets and recovery of stolen credentials, will significantly increase operational costs for cybercriminal organizations and hinder future ransomware and fraud campaigns.

Also read: SecondFi Traces Dual Attackers, Freezes 129M ADA After Flaw

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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