FBI seized roughly $2.3 million in cryptocurrency tied to ransomware attacks

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Alexander Sekerin, whose last known address was in St. Petersburg, Russia, is affiliated with a notorious ransomware gang known as Revil, which is worth millions of dollars in American businesses, the Justice Department said in the Northern District of Texas Dallas Division. alleged in a complaint filed. ,

The complaint states that the cryptocurrency account, or “wallet”, now under the control of the FBI, is “traceable to ransomware attacks carried out by Sikrin.”

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The seizure is part of an ongoing US law enforcement effort to intercept sources of funding for Russian and Eastern European cybercriminals following a series of ransomware attacks on US infrastructure. It comes as the White House continues to appeal to Russian President Vladimir Putin to take action against hackers operating from Russian soil.

Bleeping Computer, a cyber security news outlet, previously reported News.
The Justice Department this month announced the seizure of more than $6 million in ransom payments allegedly made to another alleged REVIL operative, Russian citizen Yevgeny Polyanin. Pauline reportedly conducted nearly 3,000 ransomware attacks, some of which also involved law enforcement agencies and municipalities across Texas.

But the seizures are only a fraction of what the members of Reville have gained from their computer intrusions. According to the new complaint, from April 2019 to July 2021, victims in the US and elsewhere paid more than $200 million to extortionists after hacking with Revil ransomware.

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The law enforcement offensive against Revil and other ransomware gangs has come under attack from private firms. Cybersecurity firm McAfee more than two years ago identified some of the cryptocurrency accounts used by various people associated with REvil, and documented how the hackers split their non-receipt profits.

Despite the crackdown, some alleged ransomware operators are living comfortably in Russia, which does not have an extradition agreement with the US. NS fbi wanted poster As for Pauline, she is “supposedly in Russia” and “possibly” in the Siberian city of Barnaul.
While the FBI and the Secret Service track charges against cybercriminals, the Treasury Department has targeted services that hackers use to launder ransom payments. The department in September approved SuX, a cryptocurrency exchange that US officials accused of doing business with the hackers behind eight types of ransomware.

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Credit : www.cnn.com

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