By Emir Abyazov Key highlights: Embargo group laundered $34M via crypto targeting US healthcare and industries. Linked to BlackCat hackers; demands reached $1.3M per attack on hospitals. Group uses AI-enhanced phishing, exploits poorly regulated exchanges globally. The Embargo ransomware group cashed out $34 million through cryptocurrency transactions during just nine months of operation, according to […]
Tag: Georgia
By Emir Abyazov Three U.S. states have passed laws to create Bitcoin reserves, and 17 more are considering similar initiatives. New Hampshire, Arizona, and Texas have already allowed their treasuries to hold Bitcoin, while five other states have rejected such proposals. According to Bitcoin Reserve Monitor, legislation is still being considered in Alabama, Florida, Georgia, […]
By Emir Abyazov It’s not often that the U.S. Securities and Exchange Commission (SEC) announces a straightforward victory in the crypto courts these days, but June 3 delivered that. Securities and Exchange Commission v. Crews. case. Source: pacermonitor In a case that reads like a cautionary tale for both investors and scammers, a federal court […]