"US Sanctions Russian Accused of Laundering Ryuk Ransomware Funds"

The US government has sanctioned a Russian national for allegedly laundering millions of dollars in victim ransom payments on behalf of people associated with the Ryuk ransomware group. According to the US Treasury's Office of Foreign Assets Control (OFAC), Ekaterina Zhdanova is accused of using virtual currency exchange transfers and fraudulent accounts to launder money for Russian ransomware gangs and others to help them avoid economic sanctions imposed on Russia's financial system following the February 2022 Ukraine invasion. Ryuk first appeared in 2018 and is best known for its attacks on the US public sector. This article continues to discuss Zhdanova getting sanctioned by the US government. 

TechCrunch reports "US Sanctions Russian Accused of Laundering Ryuk Ransomware Funds"

Submitted by grigby1