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Spanish police arrested the suspected mastermind behind a cybercrime syndicate that used luxury goods, real estate and cryptocurrency to launder at least €1 billion stolen from more than 100 financial institutions in recent years, Europol disclosed Monday. The hackers siphoned up to €10 million from each institution by sending employees “phishing” emails in which they posed as representatives of ATM manufacturers and organizations such as the European Central Bank. The emails contained malware that allowed the suspects to take control of staff computers, internal banking networks and ATM servers. “The modus operandi was that they were able through different pieces...