Embargo Ransomware Group Moves $34 Million in Crypto, Threatening U.S. Infrastructure

The Embargo ransomware group, active since April 2024, has allegedly moved a staggering $34 million in cryptocurrency payments, targeting critical US infrastructure like healthcare facilities. TRM Labs, a cybersecurity firm, has linked the group to these illicit transactions. This incident highlights the growing threat of ransomware-as-a-service (RaaS) models and their potential impact on both security and regulation. 💰