FBI seizes $2.4M in Bitcoin from new Chaos ransomware operation

FBI seizes .4M in Bitcoin from new Chaos ransomware operation

The FBI has seized over 20 Bitcoins linked to the Chaos ransomware group, specifically targeting an affiliate named β€œHors” responsible for cyberattacks in Texas. The operation is part of efforts to combat ransomware threats connected to groups derived from the Conti and BlackSuit gangs. #ChaosRansomware #Hors #BlackSuit #Conti

Keypoints

  • The FBI seized approximately 20.29 BTC from a Chaos ransomware affiliate linked to attacks in Texas.
  • The seized cryptocurrency is valued at over $2.3 million and is subject to a civil forfeiture process.
  • The Chaos ransomware group is believed to be a rebrand of BlackSuit, originating from the Conti ransomware family.
  • Law enforcement actions follow the group’s recent rebranding and attacks, including on the City of Dallas.
  • Similarities in encryption and attack tools suggest the new Chaos operation is a continuation of BlackSuit under a different name.

Read More: https://www.bleepingcomputer.com/news/security/fbi-seizes-24m-in-bitcoin-from-new-chaos-ransomware-operation/