Approximately $8.37 million in cryptocurrency, real estate, and vehicles belonging to BlackCat ransomware accomplices have been seized
Svmuu News: The U.S. District Court for the Southern District of Florida has ordered the forfeiture of approximately 90.319 BTC, 7,999.873 XMR, and small amounts of XRP, XLM, and SOL held by Angelo Martino, a co-conspirator in the BlackCat/ALPHV ransomware scheme. Based on current market prices, the total value of these crypto assets is roughly $8.37 million, with BTC valued at approximately $5.84 million, XMR at approximately $2.46 million, and the other tokens totaling approximately $71,000. The court also ordered the forfeiture of his two properties in Florida, as well as assets such as cars and boats. Martino, who previously served as a ransomware negotiator, has already been sentenced to 70 months in prison for leaking client negotiation information to attackers and participating in ransomware attacks.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
What is FLOW? An Analysis of the Flow Blockchain Ecosystem and Its Current Status
-
2
Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
-
3
LS Cable subsidiary Gaon Cable secures W120b ($90m) US AI data center cable deal
-
4
Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
-
5
Global Business Forum Urges Business Leaders to Embrace AI and Rethink Strategies
-
6
Unlimit founder backs Phase blockchain with $45M as mainnet launches
-
7
Google and Microsoft's Q3 capital expenditure falls short of estimates, raising concerns about AI build-out costs and delays
-
8
Iran's Islamic Revolutionary Guard Corps claims to have shot down a US-made MQ-1 drone near the Strait of Hormuz.
-
9
Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
-
10
New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
Markets Today
Recommended Reading



