U.S. DoJ Seizes $24 Million Crypto from Russian Hacker

The U.S. Department of Justice (DoJ) has seized over $24 million in cryptocurrency assets from a notorious hacker linked to the Qakbot malware. The action, aimed at dismantling a significant cybercrime network, highlights law enforcement’s commitment to combating digital theft and its global impact. 700,000 computers were infected by the Qakbot botnet, allowing for various ransomware attacks. The DoJ worked with international partners to dismantle Qakbot’s infrastructure in 2023, securing a significant financial blow to the cybercriminal behind the operation.