GovInfoSecurity
March 25, 2021
March 25, 2021
March 25, 2021 Twitter Get Permission
Researchers say cryptocurrency wallets used by the operators behind the Ryuk ransomware strain and the gang s affiliates hold more than $150 million.
Brian Carter, principal researcher at security firm HYAS, and Vitali Kremez, CEO of Advanced Intelligence, report that they have identified 61 bitcoin addresses that the Ryuk cybercriminal gang and its affiliates use to receive ransomware payments from victims.
Two of the bitcoin exchanges the group uses for transferring funds are Asia-based Huobi and Binance, the researchers say in a new report. The group also uses lesser-known exchanges.
Shadow Network
A January 2020 report by blockchain analysis firm Chainalysis found that the Huobi and Binance cryptocurrency exchanges are part of a shadow network that helps convert illegally gotten bitcoins and other virtual currencies into cash. These two exchanges also appear to circumvent anti-money la