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Thread: [News] WannaCry operator empties Bitcoin wallets connected to ransomware

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    [News] WannaCry operator empties Bitcoin wallets connected to ransomware

    https://arstechnica.com/gadgets/2017...to-ransomware/

    Whoever was behind the WannaCry cryptoransomware worm that ravaged networks worldwide in May has finally collected the ransom paid by some of the worm's victims. The value of bitcoins had grown to about $140,000, but the currency's value got about a 20 percent boost on August 1 triggered by a split in the Bitcoin market, as Quartz reports.
    After the initial wave of infections in May 2017, the three wallets identified by security researchers as being associated with ransomware's code collected an estimated $70,000 in bitcoin. The ransom payments continued to roll in over the summer, but the value of the gains amassed by the ransomware?which spread with the aid of a National Security Agency exploit leaked by the Shadowbrokers?got that 20 percent bump on August 1. That surge is because a project called Bitcoin Cash managed to recently "fork" the Bitcoin blockchain, creating what is effectively a new cryptocurrency that bypasses the transaction limits on the established Bitcoin blockchain.
    The movement of the WannaCry-related bitcoins was first reported by Quartz' Keith Collins, who had set up a "bot" to track transactions involving the wallets.

    However, the movement of the bitcoin out of the wallets does not indicate that the operators of WannaCry have been able to totally cash out. To launder the blockchains acquired through the ransomware, they would have to use a "bitcoin mixer" service to try to conceal the transaction record in order to prevent the cashout from being connected with the malware outbreak.

    That might be made more difficult by the recent arrest in Greece of Alexander Vinnik, who operated and owned a stake in the BTC-e bitcoin exchange. The Justice Department claimed in an indictment that Vinnik was involved in an over $4 billion money-laundering operation through BTC-e.

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    All these crypto hacks make me nervous to jump into the game...

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    Quote Originally Posted by screwtech02 View Post
    ROFL!!! Such a "cryin" shame that all these Poor Bastards that sucked up the gaming card stocks got their pockets emptied..... KARMA is a .....
    What?
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    Apparently screwtech02 has trouble comprehending what he reads
    Coding 24/7... Limited forums/PMs time.

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    My bad.....
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    Quote Originally Posted by screwtech02 View Post
    My bad.....
    lol I don't get the sarcasm, just clarify what you meant and people will get off your back
    Quote Originally Posted by Hans de Vries View Post

    JF-AMD posting: IPC increases!!!!!!! How many times did I tell you!!!

    terrace215 post: IPC decreases, The more I post the more it decreases.
    terrace215 post: IPC decreases, The more I post the more it decreases.
    terrace215 post: IPC decreases, The more I post the more it decreases.
    .....}
    until (interrupt by Movieman)


    Regards, Hans

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    I guess he thinks that the story is about "the virus stealing bitcoin from victims".

    While the story is "the virus creator withdraw money ( bitcoin ) from the accounts the victims sent their money in order to get their files back".
    Coding 24/7... Limited forums/PMs time.

    -Justice isn't blind, Justice is ashamed.

    Many thanks to: Sue Wu, Yiwen Lin, Steven Kuo, Crystal Chen, Vivian Lien, Joe Chan, Sascha Krohn, Joe James, Dan Snyder, Amy Deng, Jack Peterson, Hank Peng, Mafalda Cogliani, Olivia Lee, Marta Piccoli, Mike Clements, Alex Ruedinger, Oliver Baltuch, Korinna Dieck, Steffen Eisentein, Francois Piednoel, Tanja Markovic, Cyril Pelupessy (R.I.P. ), Juan J. Guerrero

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    ^^yup^^
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