Ransomware has proven to be an incredibly lucrative solution for cyber criminals. Most of these ventures end in a certain amount of Bitcoin changing hands between criminal and victim. Not all of the proceeds from ransomware attacks can be cashed out, however. A Ransomware Deal Gone bad In the case of Bitfinex, several of its transactions have been flagged as suspicious. So much even that roughly $860,000 worth of Bitcoin has now been frozen by a UK court. This sum of parts of a bigger ransomware-related payment of $950,000 worth of Bitcoin. The victim of the attack is a company
The post UK Court Asks Bitfinex to Freeze a Bitcoin Balance Linked to Ransomware Proceeds appeared first on The Merkle Hash.
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