US Seizes $1M From BlackSuit Ransomware Group In Global Bust

The US has seized servers, domain names, and around $1 million in crypto assets from the ransomware group BlackSuit.

The Justice Department said on Monday that multiple US and international law enforcement agencies conducted an operation against the BlackSuit ransomware groups in late July.

The operation included the unsealing of a warrant for the seizure of cryptocurrency valued at just over $1 million, at the time of the seizure, it reported

“Disrupting ransomware infrastructure is not only about taking down servers, it’s about dismantling the entire ecosystem that enables cybercriminals to operate with impunity,” added Michael Prado, Deputy Assistant Director at the Homeland Security Investigations Cyber Crimes Center.

Blacksuit…

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