The U.S. Department of Justice seized over $1 million in cryptocurrency from the BlackSuit ransomware gang, disrupting their operations. Law enforcement efforts, including Operation Checkmate, have significantly impacted groups like BlackSuit, Royal, Quantum, and Chaos ransomware. #BlackSuit #OperationCheckmate
Keypoints
- The DOJ confiscated cryptocurrency worth over $1 million linked to BlackSuit ransomware.
- Crypto was obfuscated through multiple transactions before being frozen at a cooperating exchange.
- BlackSuit and other ransomware groups have caused over 450 attacks in the U.S., targeting vital sectors.
- More than $370 million has been paid in ransom to these cybercriminal groups.
- Recent seizures include 20 Bitcoins from a Chaos ransomware member, valued at $2.4 million.