Report Attributes Large Share of Global Crypto Crime to Russia, Moscow City
The growing popularity of cryptocurrencies has placed Russia among the leaders in adoption. But while it is yet to reach the top of the ranking, the country already has a…
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Ransomware crypto payments hit at least $602M last year: Chainalysis
The total amount of value extracted through ransomware payments in 2021 is expected to rise above 2020 levels once all the data is sorted through.
FBI Confiscated Around $2.3 Million in Crypto Tied to Ransomware Gang REvil
In August, the Federal Bureau of Investigation seized more than $2 million worth of digital assets linked to ransomware attacks committed by the Russian resident – Aleksandr Sikerin. The criminal…
US and UK Agree to ‘Heighten the Focus on Illicit Use of Cryptocurrency’
The U.S. and U.K. governments have “committed and agreed to heighten the focus on illicit use of cryptocurrency and ransomware,” the U.S. Department of Justice announced. According to the FBI,…
$3.5B Worth of Crypto Seized by the IRS Cybercrime Unit in 2021
The United States Internal Revenue Service (IRS) released its annual report on criminal investigations, and cryptocurrencies played a starring role in the area of cybercrime. According to the IRS cybercrime…
US ‘Kidnapped’ Russian Crypto Businessman Denis Dubnikov, Lawyer Says
U.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told Russian media. Dubnikov is suspected…
US Treasury Sanctions 2nd Cryptocurrency Exchange, DOJ Seizes $6.1 Million
The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were…
US officials seize $6.1M in crypto from ransomware actors, adds Chatex to sanctions list
“This will not be the last time — the U.S. government will continue to aggressively pursue the entire ransomware ecosystem and increase our nation's resilience to cyber threats," said Attorney…
Russian Government to Track Crypto Transactions With Help From Anti-Drug Organization
Russian institutions have responded to a call from а public movement for joint efforts to identify cryptocurrency transfers related to drug trade. The anti-drug organization, Stopnarkotik, recently asked the interior…
Ukraine Security Service Busts Criminal Group Selling Bitcoin-Stealing Malware
Law enforcement authorities in Ukraine have exposed a crime ring specializing in cryptocurrency theft and laundering of illicit funds for hackers. The gang, which provided services to clients on the…