Authorities Freeze $3.5M in Crypto as Europol, DOJ Disrupt ‘SocksEscort’ Proxy Network
Authorities have frozen $3.5 million in cryptocurrency linked to the "SocksEscort" proxy network, which was involved in facilitating cybercrime. The operation was a collaboration between Europol and the U.S. Department of Justice (DOJ), targeting the network that provided anonymous internet access for illicit activities. The crackdown is part of a broader effort to combat cybercrime and disrupt the infrastructure supporting it. This action highlights the ongoing challenges law enforcement faces in addressing the use of cryptocurrencies in illegal operations.
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