FBI Busts Chaos Ransomware: $2.4 Million in Bitcoin Seized from Texas Cyber Bandit

FBI Dallas nabbed 20 BTC from Chaos ransomware affiliate “Hors,” linked to attacks on Texas firms. This seizure proves crime doesn’t pay, but if it did, it would pay in Bitcoin!

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Hot Take:

Looks like the Chaos Ransomware gang just found out the hard way that crime doesn’t pay—unless you’re the FBI cashing in on 20 Bitcoins! Talk about a plot twist: Hors the hacker got bucked off his high horse, leaving the FBI to gallop away with a hefty digital saddlebag. Yee-haw!

Key Points:

  • FBI Dallas seized 20 Bitcoins from a Chaos ransomware affiliate known as “Hors”.
  • The seizure is linked to cyberattacks on Texas firms.
  • Confiscated crypto valued at over $2.4 million, initially worth $1.7 million at the time of the civil complaint.
  • Chaos ransomware is a rebrand of BlackSuit, with origins in the defunct Conti gang.
  • Originally a Ryuk clone, Chaos evolved into a formidable ransomware-as-a-service operation.

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