US sanctions crypto exchanges used by Russian ransomware gangs
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned Cryptex and PM2BTC, two cryptocurrency exchanges that laundered funds from Russian ransomware gangs and other cybercrime groups. Cryptex (which used the cryptex[.]net domain) reportedly provides financial services to cybercriminals and laundered over $51 million in funds linked to ransomware attacks. “Cryptex is also […]
