Embargo

🚨SCAMALERT: New RANSOMWARE group Embargo on the rise - moving $34,000,000+ since April!

This is a serious warning for the crypto space. Embargo, a new ransomware group, has moved more than $34 million in crypto-linked ransom payments since April 24. The group operates under a "ransomware as a service" model and has been targeting critical US infrastructure, including hospitals and pharmaceutical networks.

TRM Labs suggests that Embargo may be a rebranded version of the infamous BlackCat (ALPHV) operation, as they share technical and onchain ties. The group has been demanding ransoms as high as $1.3 million and is known for using double extortion tactics.

This is a critical reminder that security is a top priority in crypto. While Embargo's funds are currently held in dormant wallets to delay detection, it highlights the importance of staying vigilant and protecting your assets. With a ban on ransomware payments for the UK public sector on the horizon, it’s clear that governments are taking this threat seriously, so should YOU!

Why? Because ransomware attacks don't target companies only, they target individual users as well. Stay safe and follow @Professor Mende - Bonuz Ecosystem Founder for more! #Scam #Ransomware #Embargo #CryptoMarketNews