The Department of Justice announced Thursday morning it had indicted 10 people involved in a transnational banking malware scheme as part of an international effort to chop down the crime ring.

Why it matters: The group allegedly used the GozNym banking malware to steal credentials to online banking accounts that they then attempted to rob for more than $100 million.

Details: The alleged criminals hail from Russia, Georgia, Ukraine, Moldova and Bulgaria.

  • The 5 Russian citizens remain fugitives, with the other 5 having been arrested.
  • Bulgarian Krasimir Nikolov pleaded guilty in the U.S. in April and will be sentenced in August.
  • U.S. victims range from a church in Texas to a D.C. law firm.
  • The takedown involved international cooperation from the U.S., Georgia, Ukraine, Moldova, Germany, Bulgaria, Europol and Eurojust.

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Trump announces plan to distribute 150 million rapid coronavirus tests

Photo: Alex Wong/Getty Images

President Trump announced on Monday that the federal government will distribute 150 million rapid, point-of-care coronavirus tests to states over the next few weeks, including to K-12 schools and vulnerable communities like nursing homes and assisted living facilities.

Why it matters: The Trump administration has stressed the importance of reopening schools in allowing parents to return to work and jumpstarting the economy.

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 3 p.m. ET: 33,217,895 — Total deaths: 999,273 — Total recoveries: 22,975,269Map.
  2. U.S.: Total confirmed cases as of 3 p.m. ET: 7,128,774 — Total deaths: 204,881 — Total recoveries: 2,766,280 — Total tests: 101,298,794Map.
  3. States: Cuomo extends New York moratorium on evictions until 2021.
  4. Business: Companies are still holding back earnings guidance.
  5. Health: The childless vaccine — Why kids get less severe coronavirus infections.
  6. World: India the second country after U.S. to hit 6 million cases.
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Digging into Trump's taxes

President Trump paid no federal income tax in 10 of the past 15 years, and just $750 in 2016 and 2017, according to a new report from the New York Times. He also is reported to have hundreds of millions of dollars in outstanding debts, most of which would come due during a second term.

Axios Re:Cap focuses on what is and isn't surprising about the revelations, plus how real estate developers are taxed, with Francine McKenna, an independent financial journalist and certified public accountant.