Laundry Bear exploited a zero-day vulnerability for five months before it was patched in November 2025, and the group is still actively exploiting vulnerable environments.
Microsoft and authorities dismantled Tycoon 2FA’s infrastructure. A seizure notice is displayed on of the phishing platform’s domains March 4, 2026. (Microsoft)
Microsoft, which led the effort, said it seized 330 domains that powered the phishing platform’s core infrastructure. The alleged creator was also named in a civil complaint.
The marketplace was one of the world’s largest hubs for cybercrime with more than 142,000 members. Officials identified and arrested multiple suspects after seizing the site’s database.
A coordinated law enforcement operation that fanned out to Seville, Madrid, Malaga and Barcelona significantly disrupted the group’s activities, according to Europol. (Courtesy of Europol)
The criminal organization specialized in business email compromise scams and generated billions of dollars in criminal proceeds annually from many small-scale operations, officials said.
The 35-year-old faces up to 10 years in jail and authorities announced an $11 million reward for information on his alleged co-conspirator who remains at large.