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US Officials Target Cybercriminals, Crypto Exchanges in Latest Ransomware Action

By Valentina Pasquali

The U.S. financial intelligence unit on Monday updated a year-old list of red flags raised by ransomware payments as part of a coordinated action with the Justice Department against two foreign cyberthieves and the Baltic cryptocurrency exchanges they used to launder funds. Federal prosecutors said Monday that Ukrainian national Yaroslav Vasinskyi, 22, and Yevgeniy Polyanin, a 28-year-old from Russia, infected tens of thousands of computers around the world with the Sodinokibi/REvil ransomware over the past two years, and helped extort financial institutions, governments and other victims out of $200 million worth of Bitcoins and Monero. Treasury's Office of Foreign Assets...

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