logo

TRM Labs: Ransomware Group Embargo Transferred $34 Million in Cryptocurrency Since April

By: theblockbeats.news|2025/08/11 00:21:48

BlockBeats News, August 11th, according to Cointelegraph, blockchain intelligence company TRM Labs stated that a ransomware group named Embargo has transferred over $34 million in ransom-related cryptocurrency since April. Embargo currently holds around $18.8 million in cryptocurrency in non-custodial wallets, with experts believing this strategy may be an attempt to delay detection or take advantage of better money laundering conditions in the future. Embargo operates under a Ransomware-as-a-Service (RaaS) model, primarily targeting industries with high downtime costs, including healthcare, business services, and manufacturing, and tends to focus on victims in the United States, possibly due to their higher payment capabilities.


TRM's investigation suggests that Embargo may be a rebranding of the notorious BlackCat (ALPHV) organization, which disappeared earlier this year amid suspicions of an exit scam. While Embargo is not as overtly aggressive as LockBit or Cl0p, it employs a double extortion strategy: encrypting systems and threatening victims to pay up or face data leakage. In some instances, the group will dox victims or leak data on their website to increase pressure.

Bitcoin y las altcoins en una encrucijada: ¿nuevos máximos o corrección entrante?
WEEX causa sensación en BlockchainRIO 2025

También te puede interesar

Compartir
copy

Ganadores

Últimas noticias sobre criptomonedas

02:22

The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 86.4%, remaining at a high level.

02:20

Nasdaq: La aprobación por la SEC de su plan de acciones tokenizadas se considera como máxima prioridad

01:50

The HYPE first large-scale unlock has been completed, with no significant token price fluctuation.

01:20

Arthur Hayes: Monad is a high-FDV, low-circulating-supply VC coin that will face a brutal sell-off after token unlock.

00:50

Arthur Hayes: Tether's Gold and BTC Long Position Drop of About 30% Will Lead to Insolvency

Leer más
Comunitario
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y MM[email protected]

Programa VIP[email protected]