FBI Takes Down $24 Million Crypto Cache from Russian Malware Mastermind
BitcoinistSaturday, May 24, 2025 at 2:00:17 PM
The FBI just pulled off a major cybercrime bust, seizing $24 million in cryptocurrency linked to a Russian hacker named Rustam Gallyamov. He’s accused of being the brains behind Qakbot, a nasty piece of malware used to steal data and extort victims. The DOJ is pushing to permanently take control of the crypto stash, marking another win in the ongoing crackdown on international cybercriminals.
Editor’s Note: This isn’t just about freezing some digital cash—it’s a signal that law enforcement is getting better at tracking and dismantling the financial networks of cybercriminals. For everyday folks, it’s a reminder that malware like Qakbot isn’t just a nuisance; it fuels real, lucrative crime. The seizure also highlights how crypto, while not inherently bad, has become a favorite tool for hackers to move and hide stolen money.
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