UK’s NCA Disrupts Multibillion-Dollar Russian Money Launderers

The UK National Crime Agency's Operation Destabilise exposed and disrupted two Russian‑speaking money‑laundering networks (Smart and TGR) that converted cash to crypto and laundered funds for transnational crime groups, ransomware actors (including links to Ryuk ransom payments), and sanctioned Russian clients; the operation resulted in 84 arrests, seizures of ~£20M in cash and cryptocurrency, prison sentences for key couriers, and OFAC sanctions against network leaders and related businesses.