Express

Texas Authorities Seize $2.8 Million in Cryptocurrency in Ransomware Case

Summary: According to Decrypt, Texas authorities have announced the seizure of $2.8 million in cryptocurrency, $70,000 in cash, and a luxury car allegedly belonging to ransomware operator Ianis Antropenko. Antropenko is accused of using the Zeppelin ransomware to target global victims. Data shows that in 2024, cryptocurrency-related crime losses in the US reached $9.3 billion, a ...

According to Decrypt, Texas authorities have announced the seizure of $2.8 million in cryptocurrency, $70,000 in cash, and a luxury car allegedly belonging to ransomware operator Ianis Antropenko. Antropenko is accused of using the Zeppelin ransomware to target global victims. Data shows that in 2024, cryptocurrency-related crime losses in the US reached $9.3 billion, a 66% increase year-on-year. The Department of Justice's cybercrime division has recovered $350 million in victim funds and prevented over $2 billion in potential ransom payments.

Last Update:

Tags:
Link: Texas Authorities Seize $2.8 Million in Cryptocurrency in Ransomware Case [Copy]

Last: Fed Official Suggests Rate Cut Possible if Inflation Does Not Spiral

Next: Foreign Media: OpenAI Founder Interested in Acquiring Chrome if US Government Forces Google to Sell

Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 1 day ago

AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 4 days ago

Can a $300M RWA Fund Save Avalanche's TVL? 5 days ago

Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 6 days ago

S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 8 days ago