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Ransomware
FBI Launches New Crypto Crimes Unit
The FBI is launching the National Cryptocurrency Enforcement Team (NCET), which will investigate ransomware and other crimes with tools including blockchain analysis. CoinDesk's Nikhilesh De discusses the regulatory and industry implications of the details released so far.
US Agencies Seized Around $30M of Crypto Related to NetWalker Ransomware Last Year
The January 2021 seizure is the largest related to ransomware, according to blockchain research firm Chainalysis.
Russia-Affiliated Addresses Received 74% of Ransomware Revenue Last Year: Chainalysis
Moscow City firms received as much as 48% of their crypto from illicit addresses.
Ransomware Payments Are Getting Bigger as Hackers Shift Focus to Larger Targets: Chainalysis
New research from blockchain surveillance firm Chainalysis shows that ransomware gangs are getting more sophisticated.
Russian Authorities Say They’ve Dismantled REvil Ransomware Group at US Request
Russia’s top domestic intelligence agency says REvil, the Russia-based ransomware group tied to the Colonial Pipeline attack, has “ceased to exist” after it arrested 14 alleged members of the criminal organization last week. CoinDesk’s Nikhilesh De discusses the latest global policy and regulation and what this could mean for ransomware attacks in 2022.
Electronics Retailer MediaMarkt Hit by Ransomware Demand for $50M Bitcoin Payment: Report
Following the attack on Sunday, the attackers initially asked for $240 million.
Biden Administration Sanctions Crypto Exchange Chatex Over Ransomware Allegations
The Treasury Department said the exchange provided “material support” to Suex, a previously sanctioned exchange.
US-Led Multilateral Ransomware Meeting Calls for Enhanced Powers Over Crypto
Crypto is the “primary” financial instrument used to facilitate attacks.
Biden Administration Plans Cryptocurrency Sanctions to Combat Ransomware
It’s unclear how specifically the U.S. government will seek to mitigate ransomware payments.
