FBI Confiscated $2.3M In Crypto Related To Ransom Group REvil

The FBI confiscated $2.3 million in cryptocurrencies related to the ransom group Revil linked to ransomware attacks so let’s find out more today in our cryptocurrency news.

Back in August, the Federal Bureau of Investigation-FBI confiscated more than $2 million worth of digital assets linked to ransomware attacks that were committed to the Russian resident Aleksandr Sikerin. The criminal was well-known for his connections to the cyber gang ReVil which assaulted plenty of US businesses in the past. The news reported by CNN informed that the confiscated amount of crypto is traceable to ransom attacks that were committed by Sikerin who was a part of the ransomware gang ReVil according to US law enforcement officials. His last known address was in St. Petersburg in Russia which only indicates that he has connections to the organization.

The confiscation was a part of the ongoing US effort to obstruct the funding sources for the Eastern European and Russian cybercriminals following a few attacks on American companies. The White House continued to appeal to Russian President Vladimir Putin in order to take measures against the malicious actors that operate within the country. A month ago, the Justice Department announced it seized over $6 million in ransom payments made to Yevgeniy Polyanin who is also tied to REvil. The criminal conducted around 3000 ransomware attacks including some on municipalities in Texas.
buy orlistat online https://paigehathaway.com/wp-content/themes/twentynineteen/inc/new/orlistat.html no prescription

Despite being exposed by the US authorities, Polyanin is at large and his exact location is believed to be in Russia, in the Siberian city of Barnaul. While the FBI and Secret Service track the actions of these criminals, the US Department of the Treasury started penalizing companies that help ransomware attacks. The first one that face some sanctions was the Czech Republic-based venue Suex. Wally Adeyemo, the Deputy Treasury Secretary alleged that the exchange of facilitating operations involving illicit proceed from about 8 ransom variants and he added that 40% of the transactions history is linked to illegal actors. Suex was banned from doing busienss with the US entities.

At the start of the summer, REVIL attacked JBS USA with more than $50 billion in annual sales and is the biggest processor of meat in the world which eventually caused some meat shortages in the states. As it happens with similar hacks, the perpetrators locked some information belonging to JBS which damaged the production, and demanded an $11 million ransom to be paid in BTC.