US Justice Department seizes website of prolific ransomware gang Hive

Share This Post

The group is known to have targeted critical infrastructure, healthcare providers, and more over the past two years.

According to sources from the U.S. Department of Justice on Jan. 26, international law enforcement groups have dismantled the infamous Hive cryptocurrency ransomware gang and recovered over 300+ decryption keys to victims since July 2022. Officials raise the example of one incident where a Hive ransomware attack on a Louisiana hospital was thwarted by law enforcement, saving the victim from a $3 million ransom payment.

Ghost servers were reportedly seized Wednesday night in an international law enforcement effort to track ransom payments, seize them back to victims, and dismantle the network’s infrastructure. The organization had been infiltrated by undercover agents since July 2022.

Hive network Dark Web address has been taken down by law enforcement | Source: Twitter

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Why XLM Surged Nearly 200%: Key Factors Behind Stellar’s Growth

The post Why XLM Surged Nearly 200%: Key Factors Behind Stellar’s Growth appeared first on Coinpedia Fintech News The Stellar market has grown by at least 478057% since November 5 The sharp surge

Coinbase Explores Blockchain Partnership With Kenya’s Safaricom

Coinbase is reportedly exploring a partnership with Safaricom to enhance M-PESA with blockchain technology This move aligns with Coinbase’s broader strategy of promoting crypto adoption in

CatCoin ($CAT) Launches “Trail of the Cat” Airdrop Campaign on Solana

PRESS RELEASE Muscat, Oman, November 25th, 2024, Chainwire CatCoin ($CAT), a deflationary memecoin on Solana, introduced an airdrop campaign catering to its growing community The “Trail of the

Solana, Dogecoin Expected To Take Bronze And Silver For Gains This Bull Run – But Who’s Going To Take Gold?

The post Solana, Dogecoin Expected To Take Bronze And Silver For Gains This Bull Run – But Who’s Going To Take Gold appeared first on Coinpedia Fintech News Solana (SOL) and Dogecoin

ETH Price Forms Massive Bullish Divergence, While New DeFi Platform Hits New Milestone

The post ETH Price Forms Massive Bullish Divergence, While New DeFi Platform Hits New Milestone appeared first on Coinpedia Fintech News Ethereum’s price faces a crucial resistance zone between

Singapore Gulf Bank Seeks $50M Funding and Stablecoin Acquisition in 2025

The post Singapore Gulf Bank Seeks $50M Funding and Stablecoin Acquisition in 2025 appeared first on Coinpedia Fintech News Singapore Gulf Bank, backed by Bahrain’s Mumtalakat Sovereign Wealth