The US, along with international law enforcement, has successfully dismantled the BlackSuit ransomware group, seizing around $1 million in cryptocurrency. The operation, which occurred in late July, involved the seizure of servers, domain names, and crypto assets. The Justice Department emphasized that efforts to disrupt ransomware infrastructure involve dismantling the entire ecosystem supporting cybercriminal activities. BlackSuit, a spinoff of the Royal ransomware gang, has extorted over $370 million from more than 450 known victims in the US since its emergence in 2023. The group employed double-extortion tactics, encrypting victims’ systems and threatening to release stolen data. The takedown was coordinated by multiple US agencies including Homeland Security Investigations, Secret Service, IRS, and FBI, with support from overseas law enforcement. Victims typically faced ransom demands between $1 million and $10 million in Bitcoin. The seizure included funds that had been frozen by a crypto exchange after being deposited and withdrawn multiple times.

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