Fun

Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members

News Feed - 2022-01-16 05:01:14

Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members


Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United States, despite heightened geopolitical tensions between the two powers. Russia’s FSB Hits Cybercrime Group Revil


On Friday, the Federal Security Service of the Russian Federation (FSB) announced it has conducted raids against Revil in the capital Moscow, St. Petersburg, Leningrad, and Lipetsk regions, together with the Investigative Department of the Ministry of Internal Affairs (MVD). Law enforcement officers searched 25 addresses and detained 14 alleged members of the organized crime group.


Funds worth over 426 million rubles ($5.6 million) including cryptocurrency, $600,000 and €500,000, as well as crypto wallets, computer equipment used to commit crimes, and 20 high-end vehicles purchased with money obtained from criminal activities were seized, the FSB detailed in a press release, emphasizing: As a result of the joint actions of the FSB and the MVD, the organized criminal community ceased to exist, the information infrastructure used for criminal purposes was neutralized.


FSB added that the arrested individuals have developed malicious software and organized the theft of funds from foreign bank accounts. Russian officials claim to have “established the full composition” of Revil and the involvement of its members in the “illegal circulation of means of payment and documented illegal activities.” US Welcomes Russian Actions Against Hackers


Russia’s main law enforcement agency also said that the operation has been conducted on request of the respective U.S. authorities who shared information about Revil’s presumed leader and his part in attacks on foreign high-tech companies through malicious software used to encrypt data and extort money for its decryption.


The Russian Interfax news agency reported that the Tverskoy Court of Moscow has held two Russians in custody until March 13 — Roman Muromsky, a 33-year-old entrepreneur and web developer with no previous convictions, and Andrei Bessonov, alleged Revil hacker. They have been charged with committing crimes under Part 2 of Art. 187 — “Illegal circulation of means of payment” — of Russia’s Criminal Code. The MVD has asked the court for similar measures against another three detainees.


Revil has been blamed for high-profile crypto ransomware hits in the United States, including the one on the Colonial Pipeline which caused gas shortages on the American East Coast last May. Its perpetrators used ‘Darkside’ encryption software believed to have been developed by the group. Another case was the attack on the world’s biggest meat packing company, JBS, as Reuters reported in June.


In its announcement, FSB noted that Russia has informed U.S. authorities about the results of the operation. The United States welcomed the arrests, with Reuters quoting a senior official as stating: “we understand that one of the individuals who was arrested today was responsible for attack against Colonial Pipeline last spring.” A source familiar with the investigation told Interfax that Russia is not going to extradite any Revil members with Russian citizenship to the U.S. Tags in this story Arrested, arrests, Colonial Pipeline, criminal group, Crypto, crypto ransomware, crypto wallets, Cryptocurrencies, Cryptocurrency, cyberattacks, Darkside, encryption software, fsb, Group, Hackers, MVD, operation, raids, ransomware, Revil, Russia, russian, U.S., U.S. request


Do you expect Russia and the U.S. to cooperate on other cases of cyberattacks involving ransomware and cryptocurrency? Tell us in the comments section below. Lubomir Tassev


Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration. Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26% NEWS | 5 hours ago North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds NEWS | 19 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleValue Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26% Next articleMeme Coin Markets Gain Close to 5% in 24 Hours, Dogecoin’s Value Jumps, 3 Meme Tokens See Triple Digit Gains Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItNear Foundation Raises $150 Million to Bolster Web3 Adoption


On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than 7% ... read more.Revolut Launches Banking Services in Spain Featuring Deposit Insurance Swiss National Bank Trials CBDC in Transactions With Five Banks Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament

News Feed

Bitcoin miner Bitfarms purchases additional 51,908 ASICs amid bull market
Zhiyuan Sun8 hours agoBitcoin miner Bitfarms purchases additional 51,908 ASICs amid bull marketThe price of Bitcoin has reached an all-time high above $72,000.6156 Total views7 Total sharesListen to article 0:00NewsOwn t
Bitfarms Starts Construction of Mega Bitcoin Mining Farm in Argentina
Bitfarms Starts Construction of Mega Bitcoin Mining Farm in Argentina Bitfarms, a bitcoin mining company, announced last week that construction is underway for a mega bitcoin minin
Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready
Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He"ll Testify When He"s Ready Congresswoman Maxine Waters, chair of the House Committee on Fin
Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services
Venezuelan President Nicolas Maduro is pushing for Petro adoption, but locals are buying bitcoin in record amounts. | Image: ShutterstockThe largest bank in Venezuela, the state-own
Promoter of Crypto Scheme Touted by Steven Seagal Pleads Guilty, Faces 5 Years in Prison
Promoter of Crypto Scheme Touted by Steven Seagal Pleads Guilty, Faces 5 Years in Prison A promoter of the cryptocurrency scheme previously touted by famous mart
U.S. government sends 3,940 Bitcoin to Coinbase exchange
Vince Quill3 hours agoU.S. government sends 3,940 Bitcoin to Coinbase exchangeData from Arkham Intelligence indicates the Bitcoin was seized from Banmeet Singh, a convicted drug dealer, during his January 2024 trial.2170
Abraxas Capital Faces $100M Unrealized Loss On $800M Crypto Short Positions – Details
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Ex-Binance adviser to join Kamala Harris campaign: Report
Turner Wright3 hours agoEx-Binance adviser to join Kamala Harris campaign: ReportThe prospective Democratic nominee’s position on crypto and blockchain is still unclear, but officials connected to the industry are repo
$4,000 Solana Price Possible As SOL Breaks Out Of Massive Cup And Handle Pattern
Este artículo también está disponible en español. The Solana price could be gearing up to reach a new ATHof $4,000, according to an analyst who highlighted its recent bre
All Tifon Gas Stations in Croatia Now Accept Cryptocurrencies
All Tifon Gas Stations in Croatia Now Accept Cryptocurrencies Forty-six Tifon gas stations across Croatia have reportedly started accepting cryptocurrency paymen
Man Accidentally Threw Away Hard Drive With 7,500 Bitcoins, Offers City $72 Million to Search Landfill
Man Accidentally Threw Away Hard Drive With 7,500 Bitcoins, Offers City $72 Million to Search Landfill A man has accidentally thrown away a hard drive containing
Tom Blackstone7 hours agoOKX launches Ethereum layer-2 testnet using ZK-based Polygon CDKThe “X1” network will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum.2068 Total