The US Department of Justice (DOJ) just seized over $2.8 million in cryptocurrency from a suspected ransomware mastermind. They also snagged $70,000 in cash and a fancy car.
The Ransomware Scheme
The money and assets belonged to Ianis Aleksandrovich Antropenko, who’s facing charges in Texas. Prosecutors say he used the Zeppelin ransomware to attack individuals, businesses, and organizations worldwide. His alleged method? Encrypting victims’ data and demanding payment to get it back – or to prevent the release of stolen info.
Laundering the Loot
Antropenko allegedly tried to hide his ill-gotten gains using various methods. This included using ChipMixer, a cryptocurrency mixing service that was shut down last year, and converting crypto into cash through structured deposits to avoid detection.
The Investigation
The FBI’s Dallas and Norfolk offices, along with their Virtual Assets Unit, led the investigation. The DOJ’s Criminal Division and US Attorney’s Offices in several districts are working together on asset forfeiture. International cooperation was crucial, as ransomware attacks often cross borders.
DOJ’s Fight Against Ransomware
This case is being handled by the DOJ’s Computer Crime and Intellectual Property Section (CCIPS). Since 2020, CCIPS has secured over 180 convictions in cybercrime cases and recovered over $350 million for victims. They’ve also disrupted major ransomware groups, preventing over $200 million in ransom payments.
The Bigger Picture
The DOJ stresses that while seizing assets helps victims, the fight against ransomware requires ongoing collaboration between governments, businesses, and the public. Antropenko’s case is still ongoing, and more charges or asset seizures are possible.