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FBI seizes nearly $2.3 million in cryptocurrency linked to fraud gang

Posted on October 19, 2022 by admin

FBI seizes nearly $2.3 million in cryptocurrency linked to fraud gang

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Answer FBI seizes nearly $2.3 million in cryptocurrency linked to fraud gang

Last August, the FBI seized more than $2 million in digital assets linked to ransomware attacks by Russian hacker Alexander Sekirin.

The criminal is known for his connection to the notorious cyber gang “REvil” which attacked many US companies in the recent past.

REvil on the spotlight again:

The news reported by CNN, that the seized amount of cryptocurrency has been traced and linked to ransomware attacks committed by “Sekiren”, which according to officials of legal bodies in the United States is a member of the “Ransomware REvil” gang.

The pirate’s last known address was in Saint Petersburg, Russia, indicating that he had a connection to the organization.

Read:What makes CoinEx the most popular futures trading platform among beginners?

The seizure was part of an ongoing US effort to disrupt funding sources for Russian and Eastern European cybercriminals in the wake of recent multiple attacks on US infrastructure.

The White House continues to appeal to Russian President Vladimir Putin to take measures against bad actors operating from within Russia.

While the Secret Service and the FBI are tracking the actions of these criminals, the US Treasury has begun to punish companies that help with ransomware attacks.

At the beginning of the summer, the “REvil” gang attacked the American company “JBS”, which has annual sales of more than 50 billion dollars and is the largest meat factory in the world.

As usually happens during similar hacks, the perpetrators blocked JBS’s critical information that had disrupted its production and demanded a $11 million ransom be paid in bitcoin.

Somewhat surprisingly, the meat company decided to pay the ransom.

André Nogueira, CEO of JBS, explained that the payment was made because the organization feared becoming a victim again, further harming all customers who rely on the company’s products.

Read:Report: 60% of video game developers already use blockchain

Read also:

Major Banks Study Possibility of Offering Bitcoin Backed Loans

The start of the recovery of the crypto market and the recovery of $ 300 billion, and the eyes of Bitcoin at the level of 50 thousand dollars


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