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Embargo Ransomware Group Accumulates $34 Million in Crypto Payments AI Summary According to Cointelegraph, the Embargo ransomware group has emerged as a significant player in the cybercrime landscape, amassing over $34 million in cryptocurrency-linked ransom payments since April 2024. Operating under a ransomware-as-a-service (RaaS) model, Embargo has targeted critical infrastructure across the United States, including hospitals and pharmaceutical networks. Notable victims include American Associated Pharmacies, Georgia-based Memorial Hospital and Manor, and Weiser Memorial Hospital in Idaho, with ransom demands reportedly reaching up to $1.3 million.@Binance News
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@Binance News White House Crypto Council Executive Director Bo Hines Resigns
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