The operation uncovered major digital piracy networks funded through crypto.
Key findings include:
➡️ 69 piracy sites were identified, attracting around 11.8 million annual visitors, with multiple platforms still under ongoing investigation;
➡️ €47 million in cryptocurrency traced through accounts linked to illegal Internet Protocol Television #IPTV and streaming services; and
➡️ Criminal groups are increasingly relying on crypto payments to mask transactions, causing investigators to use crypto undercover to identify them and disrupt their funds.
✅ Firms should review their controls targeting crypto-linked transactions and promote collaboration with law enforcement agencies #LEAs to identify illicit revenue flows tied to digital piracy and cyber-enabled crime.