Security News > 2021 > October > DarkSide ransomware rushes to cash out $7 million in Bitcoin

DarkSide ransomware rushes to cash out $7 million in Bitcoin
2021-10-22 18:02

Almost $7 million worth of Bitcoin in a wallet controlled by DarkSide ransomware operators has been moved in what looks like a money laundering rollercoaster.

The DarkSide ransomware gang has extorted dozens of victims of tens of millions of U.S. dollars, their most famous attack being on May 7, against the largest fuel pipeline in the United States, Colonial Pipeline.

Omri Segev Moyal, the CEO and co-founder of cybersecurity company Profero, tweeted today that 107 bitcoins from a DarkSide wallet were moved to a new wallet.

DarkSide money recovered by the FBI. DarkSide's attack on Colonial Pipeline was the last one from DarkSide under this name.

The ransomware gang had collected at least $90 million from its victims.

DarkSide then exited the ransomware business only to emerge as BlackMatter.


News URL

https://www.bleepingcomputer.com/news/security/darkside-ransomware-rushes-to-cash-out-7-million-in-bitcoin/

Related vendor

VENDOR LAST 12M #/PRODUCTS LOW MEDIUM HIGH CRITICAL TOTAL VULNS
Bitcoin 4 0 5 12 1 18