🚨 SCAM ALERT: New Ransomware Threat “Embargo” Moves $34M+ in Crypto Since April 🚨
A dangerous ransomware group called Embargo has surfaced, already linked to over $34 million in crypto ransom payments since April 24. Operating under a “Ransomware-as-a-Service” model, they’ve been attacking critical U.S. infrastructure — including hospitals and pharmaceutical companies.
Security analysts believe Embargo could be a rebranded version of the notorious BlackCat (ALPHV) group due to similar technical setups and on-chain activity. Their ransom demands have reached as high as $1.3M, and they use double extortion — stealing data and then encrypting systems.
Right now, much of the stolen crypto sits in inactive wallets to avoid detection. With countries like the UK moving to ban ransomware payments in public sectors, it’s clear governments are stepping up — and so should you.
⚠️ Why this matters: Ransomware doesn’t just hit corporations — individuals can be targets too.
✅ Use strong security practices.
✅ Keep your wallets safe.
✅ Stay alert to phishing and suspicious links.
Cybercrime in crypto is evolving fast. Protect yourself before you’re on their radar.