FBI Seizes $24M in Crypto from Russian Cybercrime Kingpin
The U.S. Department of Justice has indicted Rustam Gallyamov, a Russian national, for orchestrating a global cybercrime operation linked to the Qakbot malware. Authorities confiscated $24 million in cryptocurrency, which will be returned to victims.
The May 22, 2025 indictment marks a pivotal MOVE in the U.S. crackdown on ransomware attacks. This action aligns with broader initiatives like Operation Endgame, targeting cybercriminals who exploit malware to hijack systems, extort ransoms, and pilfer data and funds.
Victims span diverse sectors, from small dental practices in Los Angeles to tech firms in Nebraska, manufacturers in Wisconsin, and Canadian real estate companies. The seizure underscores the growing intersection of cybercrime and cryptocurrency.
