US Sanctions Russian Individual Accused of Laundering Ryuk Ransomware Funds

The U.S. government has imposed sanctions on a Russian national for allegedly laundering millions of dollars’ worth of victim ransom payments on behalf of individuals associated with the notorious Ryuk ransomware group. According to an announcement from the U.S. Treasury’s Office of Foreign Assets Control (OFAC), Ekaterina Zhdanova, 37, is accused of utilizing virtual currency … Read more

US authorities claim Royal ransomware gang intends to rebrand as ‘Blacksuit’

The U.S. government has stated that Royal, one of the most active ransomware gangs in recent years, is preparing to rebrand or spin off with a new name, Blacksuit. In an update this week to a previously published joint advisory about the Royal ransomware gang, the FBI and U.S. cybersecurity agency CISA announced that the … Read more

Federal Authorities Seize Sinbad Crypto Mixer Allegedly Used by North Korean Hackers

In a coordinated effort between the FBI and the Dutch Financial Intelligence and Investigation Service, the websites of a crypto mixer have been seized. The mixer was allegedly utilized by North Korean hackers and multiple cybercriminals to launder stolen funds and obscure transactions. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) … Read more