The U.S. government has sanctioned a Russian national for allegedly laundering millions of dollars’ worth of victim ransom payments on behalf of individuals linked to the notorious Ryuk ransomware group.
According to an announcement from the U.S. Treasury’s Office of Foreign Assets Control (OFAC), Ekaterina Zhdanova, 37, is accused of using virtual currency exchange transfers and fraudulent accounts to launder money for Russian elites, ransomware groups and other bad actors to help them evade economic sanctions imposed on Russia’s financial system following the February 2022 invasion of Ukraine. Ryuk first emerged in 2018 and is known for its attacks targeting the U.S. public sector.
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Source: TechCrunch