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Conti Leak: A Ransomware Gang’s Chats Expose Its Crypto Plans

The interest in cryptocurrency platforms is all about moving money, Holden says. “My explanation is that these guys want to control and be able to launder money,” he explains. “If they are able to launder the money, for example, they can move stolen proceeds into their own platform, they can hide or otherwise obfuscate their money trail.” The vast majority of ransomware payments are made using cryptocurrencies. Blockchain tracking firm Chainalysis identified more than $600 million in crypto ransomware payments in both 2020 and 2021—Conti was the most prolific group.…

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Conti Leaks Reveal the Ransomware Group’s Links to Russia

For years, Russia’s cybercrime groups have acted with relative impunity. The Kremlin and local law enforcement have largely turned a blind eye to disruptive ransomware attacks as long as they didn’t target Russian companies. Despite direct pressure on Vladimir Putin to tackle ransomware groups, they’re still intimately tied to Russia’s interests. A recent leak from one of the most notorious such groups provides a glimpse into the nature of those ties—and just how tenuous they may be. A cache of 60,000 leaked chat messages and files from the notorious Conti…

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