Tag: ransomware

Jul 24 2022

Now That Bitcoin Is Considered Property In The UK, Reclaiming Ransomed Assets Sent To Exchanges Is Much Easier

Jul 24 2022 Published at Bitcoin Magazine under tags  courts law legal opinion property

While bitcoin itself is difficult to confiscate or censor, U.K. courts have labeled bitcoin as property which aids in recovery when scammers try to cash out.This is an opinion editorial by Matthew Green and Brian Mondoh, contributors for Bitcoin Magazine.With all the available cryptocurrencies, including anonymity-designed bytecoin, monero and zcash, ransomware attackers continue to demand...

Jul 20 2022

DoJ Seizes $500,000 in Bitcoin Ransomware Payments

Reading Time: 2 minutes The Department of Justice has seized $500,000 made in bitcoin ransomware payments The FBI was able to trace and lock down two ransomware payments made by U.S. healthcare providers The FBI recovered $2.3 million in ransomware payments from the...

Jun 30 2022

North Korean Hackers Suspected Of Perpetrating $100 Million Harmony Attack

Jun 30 2022 Published at Bitcoinist.com under tags  bitcoin cybercriminals ransomware

North Korean hackers are being pointed at as the brains behind last week’s $100 million crypto attack at an American company, multiple news outlets reported Thursday. The Lazarus Group, a notorious hacking group with apparent ties to the North Korean government, has been pinpointed as the main suspect in the recent attack on the Harmony...

May 08 2022

Wanted: Conti Hackers – US Dangles $15 Million For Info On Russian Cybercriminals

The United States offered a reward of up to $15 million for information on the Russia-based cybercrime organization Conti, which has been accused of cyber- extortion attacks around the globe, State Department spokesman Ned Price said. The Conti hacker organization, one of the most successful and vicious Russian ransomware groups, has been responsible for hundreds of ransomware attacks over the past two years, according...

Mar 13 2022

Canadian Cops Confiscate Bitcoin Worth Over $28 Million From Ex-Gov’t Employee

Sebastien Vachon-Desjardins -- a former Canadian government IT professional -- was charged with conspiracy to commit computer and wire fraud, and other offenses in a federal court in Florida, the US Department of Justice said Friday. The Royal Canadian Mounted Police (RCMP) raided Vachon-Desjardins’s home and seized 719 bitcoins worth more than $28 million, or 790,000 in Canadian currency....

Mar 10 2022

‘Ransomware’ Charges Brought against Canadian Man in the US

The US Department of Justice announced on Thursday that a Canadian man was extradited to the United States to face charges for dozens of ransomware attacks, resulting in the payment of tens of mill...

Feb 14 2022

Chainalysis Reveals Colonial Pipeline Bitcoin Retrieval

Reading Time: 2 minutes Chainalysis has broken down how the FBI was able to retrieve the majority of the Colonial Pipeline ransomware payment The unnamed hacking group, affiliated to the DarkSide group, received 85% of the ransomware proceeds last year The FBI already...

Oct 18 2021

$5.2 billion worth of Bitcoin (BTC) paid out in ransomware

Oct 18 2021 Published at CryptoSlate under tags  analysis bitcoin btc colonial pipeline hacks

One of the major headlines in the crypto space this year is the fact that ransomware attackers have mostly sought to receive their ransom payment in crypto. A recent study into this...

Oct 15 2021

International Community Eyes Crypto, Calls For Greater Scrutiny To Stop Ransomware

Oct 15 2021 Published at Bitcoinist.com under tags  crypto crypto news ransomware u.s.

In a joint statement published by the White House, members from the Counter Ransomware Initiative acknowledged that crypto could be facilitating ransomware attacks around the world....

Australia to Impose ‘Harsher’ Penalties for Ransomware Gangs

A joint parliamentary committee approved two weeks ago the Ransomware Action Plan.

Oct 07 2021

Ransomware Gang Leaders Arrested in International Operation

Reading Time: 2 minutes Two high ranking members of a ransomware gang have been arrested in an international multi-agency operation. The two ransomware attackers were arrested in the Ukraine $1.3 million in cryptocurrencies were seized alongside cars and cash A...

Oct 06 2021

Oct 04 2021

Sep 23 2021

Suex Exchange Sanctioned by OFAC

Reading Time: 2 minutes Cryptocurrency exchange Suex has been added to OFAC’s list of sanctioned entities OFAC claims that Suex helped launder money for Russian hackers, most notably those from recent ransomware attacks Suex...

Sep 17 2021

Aug 17 2021

State Department Rewarding Cyber Informants with Crypto

Reading Time: 2 minutes The U.S. State Department is offering up to $10 million in rewards to cybercrime informants The payments can be made in cryptocurrencies as well as U.S. dollars Ransomware attacks recently gained the same priority as physical terrorist attacks...

Jul 13 2021

Bitcoin Has Been Profitable for 96% of Its Lifetime

July 13, 2021 / Unchained Daily / Laura Shin Daily Bits...

Jul 06 2021

Hackers Ask for $70M in BTC to Publish Decrypter

July 6, 2021 / Unchained Daily / Laura Shin Daily Bits...

Jul 05 2021

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