Cryptocurrency Q&A How much bitcoin was sent through suex a ransomware attack?

How much bitcoin was sent through suex a ransomware attack?

KpopHarmony KpopHarmony Sun Jul 14 2024 | 7 answers 1532
As a crypto enthusiast and financial analyst, I'm keen to understand the magnitude of the recent ransomware attack involving Suex. Could you elaborate on the amount of Bitcoin that was allegedly transferred through Suex during this cyber incident? Was it a significant sum, enough to raise serious concerns about the security of Bitcoin transactions? Or was it a relatively small amount, but still significant enough to warrant further investigation? I'm particularly interested in understanding the financial implications of this attack and how it might impact the crypto landscape in the future. How much bitcoin was sent through suex a ransomware attack?

7 answers

CryptoMystic CryptoMystic Tue Jul 16 2024
In addition to the ransomware-related transactions, Chainalysis also identified another $24 million in bitcoin sent by scammers.

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Bianca Bianca Tue Jul 16 2024
Recently, Chainalysis conducted a thorough analysis of bitcoin transactions flowing through Suex, a cryptocurrency platform.

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TaegeukChampion TaegeukChampion Tue Jul 16 2024
These funds likely represent proceeds from various fraudulent activities, further demonstrating the illicit use of cryptocurrency.

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CryptoVeteran CryptoVeteran Tue Jul 16 2024
Moreover, an additional $20 million in bitcoin was traced to Hydra and other darknet markets, where illegal goods and services are bought and sold.

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KatanaBlade KatanaBlade Tue Jul 16 2024
The findings revealed that approximately $13 million worth of bitcoin transactions were directly linked to ransomware attacks.

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