DOJ Seeks Forfeiture of Over $2.3 Million in Bitcoin Linked to Chaos Ransomware Group Member
Main Idea
The U.S. Department of Justice has seized over $2.3 million in Bitcoin linked to the Chaos ransomware group member 'Hors,' highlighting efforts to combat crypto-enabled cybercrime.
Key Points
1. The DOJ filed a civil complaint to forfeit 20.2891382 Bitcoin tied to 'Hors,' seized by the FBI in April 2025.
2. Chaos ransomware group operates as a ransomware-as-a-service (RaaS) model, targeting Windows, Linux, ESXi, and NAS systems.
3. The DOJ collaborates with law enforcement and uses blockchain analytics to trace and recover cryptocurrency linked to ransomware.
4. This seizure is part of broader efforts, including past recoveries like $9 billion from the Bitfinex hack and $40,300 USDT from a Tether scam.
5. The action underscores the DOJ's focus on disrupting ransomware operations but highlights ongoing challenges in combating such cybercrime.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! The U.S. Department
Latest News
- Twenty One Capital Plans Public Listing with Over 43,500 BTC and New Bitcoin Per Share Metric2025-07-29 20:35:36
- Bitcoin Implied Volatility Drops to Lowest Since September 2023, Suggesting Possible Price Rise2025-07-29 20:17:22
- MICROSTRATEGY CLOSES $2.52B STRC IPO, BUYS 21,021 BITCOINS AT $117,256 WITH PROCEEDS.2025-07-29 20:16:04
- Roman Storm’s Tornado Cash Trial Highlights Controversy Over ETH “Washing” T-Shirt Evidence2025-07-29 20:14:56
- BitMine Considers Stock Buybacks Amid Ethereum Reserve Strategy and Market Valuation2025-07-29 20:02:45