Ransomware
2024 Chainalysis Crypto Crime Report Preview – Ep. 97
Episode 97 of the Public Key podcast is here! The highly anticipated Chainalysis 2024 Crypto Crime Report is being downloaded…
U.S. and U.K. Disrupt Lockbit Ransomware Group and Indict Two Russian Nationals While OFAC Levies Sanctions
On February 20, 2024, the U.K.’s National Crime Agency (NCA), alongside the U.S. Department of Justice (DOJ), announced the disruption of…
Ransomware Payments Exceed $1 Billion in 2023, Hitting Record High After 2022 Decline
In 2023, ransomware actors intensified their operations, targeting high-profile institutions and critical infrastructure, including hospitals, schools, and government agencies. Major…
2024 Crypto Crime Trends: Illicit Activity Down as Scamming and Stolen Funds Fall, But Ransomware and Darknet Markets See Growth
2023 was a year of recovery for cryptocurrency, as the industry rebounded from the scandals, blowups, and price declines of…
2023 Crypto Year in Review: Podcast Ep. 88 – Kim Grauer
Episode 88 of the Public Key podcast is here and we are happy that you love the refreshed look. 2023…
OFAC Sanctions Russian National Ekaterina Zhdanova for Using Cryptocurrency to Launder Money on Behalf of Russian Elites and Ransomware Groups
On November 3, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian national…
The U.S. and U.K. Sanction 11 Members of Russia-based Ransomware Group Trickbot
Continuing the crackdown on Russia-based ransomware group Trickbot, the U.K. HM Treasury Office of Financial Sanctions Implementation (OFSI) and the…
Cryptocurrency Mining Pools and Money Laundering: Two Real World Examples
Cryptocurrency mining is a crucial part of our industry, but it also holds special appeal to bad actors, as it…
United States Sanctions and Charges Russia-based Ransomware Developer Mikhail Matveev
On May 16, 2023, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned Mikhail Matveev, a Russian national…
Fraud Shop Genesis Market Shut Down in International Law Enforcement Operation, Sanctioned by OFAC
On April 4, 2023, authorities shut down popular fraud shop Genesis Market and arrested hundreds of its users around the…
How the Dutch National Police Tricked Prolific Ransomware Strain Deadbolt Into Giving Up Victim Decryption Keys
Deadbolt is a ransomware strain that first became active around January 2021, and operates very differently from other notable strains…
The U.S. and U.K. Sanction Members of Russia-Based Trickbot Cybercrime Gang
Our data shows ransomware strains related to Trickbot extorted at least $724M worth of crypto, making Trickbot the 2nd highest earning cybercrime group.
DOJ and Europol Announce Disruption of Hive Ransomware
Today, the U.S. Department of Justice (DOJ) and Europol announced the disruption of the Hive ransomware strain, following a joint…
Ransomware Revenue Down As More Victims Refuse to Pay
2022 was an impactful year in the fight against ransomware. Ransomware attackers extorted at least $456.8 million from victims in…
U.S. Authorities Move Against High-Risk Exchange Bitzlato for Providing Money Laundering Services to Ransomware Attackers and Other Russia-based Criminals
Today, the Department of Justice (DOJ) announced the arrest of Russian national Anatoly Legkodymov for his role as founder and…