Justice Served: US DoJ Hits BlackSuit Ransomware Gang with $1M Crypto Seizure!
The DoJ seized $1,091,453 in cryptocurrency from the BlackSuit ransomware gang, proving that crime doesn’t pay—unless it’s in Bitcoin. This operation, codenamed ‘Operation Checkmate,’ disrupted the gang’s operations faster than you can say “blockchain.” This is a critical win in the ransomware battle, but no one got any free decryptors.
Hot Take:
Looks like the BlackSuit ransomware gang just got a taste of their own medicine—crypto confiscation! The U.S. Department of Justice played the ultimate game of ‘Catch Me If You Can’ with these cybercriminals, proving that even hackers can’t hide from the long arm of the law (well, at least not when that arm is armed with a search warrant and a cooperating crypto exchange).
Key Points:
- DoJ seized over $1 million in cryptocurrency from BlackSuit ransomware gang.
- The crypto was traced through various exchange accounts until frozen.
- The seized amount was part of a 2023 ransom payment of 49.3 Bitcoin.
- Operation Checkmate disrupted multiple ransomware groups, including BlackSuit.
- Cybercriminals have extorted over $370 million in ransoms, per DHS.
Already a member? Log in here