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U.S. Seizes $24M in Crypto Linked to Qakbot Malware Developer, Signaling Potential DOJ Crackdown
U.S. Seizes $24M in Crypto Linked to Qakbot Malware Developer, Signaling Potential DOJ Crackdown
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The U.S. Department of Justice has confiscated over $24 million in cryptocurrency tied to Rustam Rafailevich Gallyamov, a Russian national accused of orchestrating the Qakbot malware operation. The cybercrime network infected computers globally and later enabled ransomware attacks, according to an unsealed federal indictment.
FBI agents collaborated with international law enforcement to trace and recover the digital assets, which will be returned to victims. The seizure highlights growing scrutiny of cryptocurrency’s role in cybercrime—a trend that may prompt further regulatory action from the DOJ.
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