Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
  • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Podcasts
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Podcasts
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Market News

US, Allies Dismantle BlackSuit, Grab $1M in Crypto Assets

Written By Pari Shukla
Fact Checked by Divya Mistry
Published August 13, 2025 12:40 PM
Make The Crypto Times preferred on GoogleGoogle
US, Allies Dismantle BlackSuit, Grab $1M in Crypto Assets

The U.S. and International law enforcement have taken down servers and websites operated by the Russian ransomware group BlackSuit. Additionally, the U.S. seized approximately $1 million in cryptocurrency.

The Justice Department stated on August 11, 2025, that U.S. and international law enforcement agencies led an operation against BlackSuit in late July. The operation was led by the U.S. Department of Homeland Security, in collaboration with agencies such as the Secret Service, the IRS, and the FBI, as well as police forces from the UK, Germany, Ireland, France, Canada, Ukraine, and Lithuania. 

The operation included unsealing a warrant for the seizure of virtual currency valued at just over $1 million at the time. “Disrupting ransomware infrastructure is not only about taking down servers; it’s about dismantling the entire ecosystem that enables cybercriminals to operate with impunity,” said Michael Prado, Deputy Assistant Director at HSI’s Cyber Crimes Center.

BlackSuit Ransomware Targets US Sectors

BlackSuit has been active since the year 2022. The group has targeted important U.S. sectors including healthcare, government, manufacturing, and businesses. Since 2022, it has attacked over 450 known U.S. victims and has collected more than $370 million in ransom payments.

The group used a sneaky tactic called double extortion in which they locked victims’ computer systems with encryption. Further, they threatened the victims by stating that they would share the stolen data if the victims did not pay in bitcoin (BTC) through secret darknet websites.

In 2023, one victim paid 49.3 BTC, at the time worth about $1.4 million, to unlock their data. Authorities subsequently confiscated approximately $1 million of this payment, which they traced through a cryptocurrency exchange and froze in early 2024.

BlackSuit’s ransom demands typically ranged from $1 million to $10 million, with the largest known demand reaching $60 million, according to the Cybersecurity and Infrastructure Security Agency.

This initiative of shutting down the BlackSuit servers and websites highlights that the U.S. is actively fighting against ransomware, including placing sanctions on the Aeza Group, a company that helps ransomware groups. 

Also Read: HashFlare Co-Founders Sentenced to Time Served in $577M Ponzi Scheme

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News
Google News Banner

TAGGED:CryptocurrencyUnited States
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link

Latest News

Crypto Market Live: LAB Token Collapses 85% to $2

Prediction Market Fight May Reach Supreme Court CFTC Chair Selig

Prediction Market Fight May Reach Supreme Court: CFTC Chair Selig

Anchorage Bets Big on AI Economy With New Banking Model

Anchorage Bets Big on AI Economy With New Banking Model

Tapnob Rolls Out Crypto-to-Naira Payment Platform in Nigeria

Tapnob Rolls Out Crypto-to-Naira Payment Platform in Nigeria

Clarity Act on Fast Track Senator Moreno Sets July 4 Deadline

Clarity Act on Fast Track? Senator Moreno Sets July 4 Deadline

Find Us on Socials

You may also like

Crypto Market Today Utya, Dogs, LAB Top Gainers as Bitcoin Reclaims $81K

Crypto Market Today: Utya, Dogs, LAB Top Gainers as Bitcoin Reclaims $81K

Rep. Horsford Says Crypto Tax Bill Is Foundation as CLARITY Stalls

Rep. Horsford Says Crypto Tax Bill Is Foundation as CLARITY Stalls

$MOTHER Token Fallout: Iggy Azalea Hit With Lawsuit

$MOTHER Token Fallout: Iggy Azalea Hit With Lawsuit

Securitize Bets Big on Tokenized Stocks With Solana Push

Securitize Bets Big on Tokenized Stocks With Solana Push

The Crypto Times Logo PNG

Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

Stay Updated

All News
Exclusive
Opinions
Learn
Podcasts

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy

Get In Touch

Contact Us
Career

Find Us on Socials

X-twitter Linkedin Telegram Youtube Instagram

© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information