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Report suggests $1 million of ransomed Bitcoin was cashed out on Binance

Published 08/24/2020, 08:02 AM
Updated 08/24/2020, 09:40 AM
Report suggests $1 million of ransomed Bitcoin was cashed out on Binance

Researchers have uncovered evidence that over $1 million worth of Bitcoin (BTC) from addresses linked to Ryuk ransomware attacks was moved through a wallet on Binance.

According to a report by Forbes on Aug. 23 the researchers took a sample of 63 transactions, representing $5.7 million of the over $61 million estimated by the FBI to have been stolen using the Ryuk ransomware.

Continue Reading on Coin Telegraph

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