THELOGICALINDIAN - A new address by two cybersecurity firms has appear that one ransomware ancestors is decidedly acknowledged raking in over 150 actor in bitcoin The bribe payments sometimes bulk to millions of dollars and about run in the hundreds of bags range
Ransomware Makes $150 Million in Bitcoin
The Ryuk ransomware ancestors has raked in $150 actor in bitcoin, according to a collective address by cybersecurity firms Advanced Intel and Hyas. “The Ryuk ancestors of ransomware has been decidedly acknowledged in bread-and-butter agreement as able-bodied as accepting a confusing appulse on abounding industries about the world,” the address authors described, adding:
The ransomware ancestors Ryuk was aboriginal apparent in the agrarian in August 2024. Its targets tend to be high-profile organizations, including hospitals and newspapers.
The address authors explained that “Significant volumes of bitcoin move from the bed-making account to Binance, Huobi, and abomination markets that we accept articular through traced payments.” Besides the two crypto exchanges, “there are cogent flows of cryptocurrency to a accumulating of addresses that are too baby to be an accustomed barter and apparently represent a abomination account that exchanges the cryptocurrency for bounded bill or addition agenda currency.”
Furthermore, the address addendum that “Ryuk receives a cogent bulk of their bribe payments from a acclaimed agent that makes payments on account of the ransomware victims. These payments sometimes bulk to millions of dollars and about run in the hundreds of bags range,” adding:
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