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ransomware

US Government Sanctions Two Russian Nationals’ Crypto Wallets Related to Ransomeware Group LockBit

The US government is sanctioning the crypto wallets believed to belong to two Russian nationals linked to the ransomware group…

February 21, 2024

Ransomware Makes Comeback With Over $1,000,000,000 Extorted in 2023, According to Chainalysis

New data from market intelligence platform Chainalysis reveals that ransomware attacks resurfaced in 2023, extorting over $1 billion from investors…

February 7, 2024

U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware

The U.S Treasury Department’s Office of Foreign Assets Control (OFAC) is taking action against a ransomware group targeting individuals and…

September 15, 2022

$5,200,000,000 Worth of Bitcoin Potentially Linked to Ransomware Payments in First Half of 2021: FinCEN

The Financial Crimes Enforcement Network (FinCEN) says that over $5 billion worth of Bitcoin (BTC) could have been used to…

October 18, 2021

Biden Administration Preparing To Combat Crypto Ransomware Payments – Here’s How

The Biden administration plans to counter the use of cryptocurrencies during ransomware attacks by imposing sanctions. The U.S. Department of…

September 17, 2021

Biden Administration Reveals Push To Expand Crypto Tracking and Analysis, Combat Ransomware

The US government is beefing up its crypto tracking and analysis capabilities to fight ransomware attacks that utilize digital assets…

June 4, 2021