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New Ransomware Group Embargo Launders $34M in Crypto from US Hospital Attacks Since April

New Ransomware Group Embargo Launders $34M in Crypto from US Hospital Attacks Since April

New ransomware group Embargo launders $34M in crypto from US hospital attacks since April targeting healthcare facilities with sophisticated AI-enh...
Embargo Ransomware Group Moved $34M in Crypto Since April, TRM Labs Reports

Embargo Ransomware Group Moved $34M in Crypto Since April, TRM Labs Reports

TRM Labs reports Embargo ransomware moved $34M in crypto since April, targeting US hospitals and key infrastructure in double extortion attacks.
Embargo group generated $34M from ransomware attacks since April 2024, TRM Labs

Embargo group generated $34M from ransomware attacks since April 2024, TRM Labs

Ransomware group Embargo has been accused of moving more than $34 million in several crypto-linked payments since April 2024. According to blockcha...
$2.5M Gone in Hours — Victim Hit Twice in Sophisticated Stablecoin Phishing Scam

$2.5M Gone in Hours — Victim Hit Twice in Sophisticated Stablecoin Phishing Scam

In one of the most alarming phishing scams this year, a crypto trader lost over $2.6 million USDT in two back-to-back transfers within three hours....
Crypto becomes lifeline for Iran and Russia amid Western sanctions – Chainalysis

Crypto becomes lifeline for Iran and Russia amid Western sanctions – Chainalysis

Sanctioned entities received $15.8 billion in crypto in 2024, accounting for 39% of all illicit crypto transactions, according to the 2025 Crypto C...
Russia, Iran Use Crypto to Bypass Western Sanctions – Chainalysis Report

Russia, Iran Use Crypto to Bypass Western Sanctions – Chainalysis Report

In 2024, Russia and Iran increasingly turned to cryptocurrency to bypass Western sanctions, leveraging decentralized finance, no-KYC exchanges, and...
Crypto ransomware revenue drops 35% to $813 million in 2024 amid tougher crackdowns and victim resistance

Crypto ransomware revenue drops 35% to $813 million in 2024 amid tougher crackdowns and victim resistance

The crypto industry saw ransomware payments decline by 35% in 2024, falling to $813 million from the previous year’s $1.25 billion, according to Ch...
Beverly Hills man faces 6 counts of crypto scams involving over $22 million

Beverly Hills man faces 6 counts of crypto scams involving over $22 million

A Beverly Hills man is facing six counts of cryptocurrency crimes, which resulted in investors losing over $22 million worth of cryptocurrency. The...
Russian Investigator Sentenced to 16 Years for Accepting $65M Bitcoin Bribe from Hackers

Russian Investigator Sentenced to 16 Years for Accepting $65M Bitcoin Bribe from Hackers

The former investigator took a hefty bribe in bitcoin from Infraud Organization members while probing their illegal activities for ICR.
An Indiana cybercriminal admits to stealing $37 million worth of cryptos

An Indiana cybercriminal admits to stealing $37 million worth of cryptos

A 21-year-old Indiana cybercriminal has admitted to swindling over 500 individuals of $37 million worth of cryptocurrency in a 2022 cyber-attack. F...