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Market News

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

Written By:
Pari Shukla

Reviewed By:
Divya Mistry

Last updated: August 13, 2025 12:40 PM
Published August 13, 2025 12:40 PM
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Last updated: August 13, 2025 12:40 PM
Published August 13, 2025 12:40 PM
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.

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Pari Shukla - Crypto Journalist at The Crypto Times
By Pari Shukla
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Parmeshwari Shukla is a Content Writer with over 3 years of experience in digital media, including 1 year in crypto news and journalism. She holds a Master’s degree in Mass Communication and a certification in Sports Journalism, bringing versatility and a strong editorial sense to her work.
Divya Mistry - Content Editor at The Crypto Times
By Divya Mistry
Follow:
Divya Mistry is a Content Editor with over 9 years of experience in news, PR, marketing, and research. Armed with a Master’s Degree in English Literature from the University of Mumbai, she specializes in crafting and refining long-form content across digital and print platforms. Over the years, Divya has contributed to and shaped content for leading brands across a range of industries, including real estate, healthcare, vertical transport, entertainment, lifestyle, education, EdTech, tech, and finance. Her research work has been featured on platforms like DNA India, Forbes, and Elevator World India. She now brings her editorial and research skills to explore the rapidly evolving world of cryptocurrency.

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