Embargo Ransomware nets $34.2M in crypto since April 2024
Embargo Ransomware nets $34.2M in crypto since April 2024
August 09, 2025 
Embargo ransomware, likely a BlackCat/Alphv successor, has netted $34.2M in crypto since mid-2024, researchers say.
The Embargo ransomware group has processed $34.2M in crypto since emerging in April 2024, researchers from Blockchain intelligence company TRM Labs report.
“TRM Labs has identified approximately USD 34.2 million in incoming transaction volume likely associated with the group, with most victims located in the United States (US) in the healthcare, business services, and manufacturing sectors.” reads the report published by TRM Labs.
The RaaS mainly…
