US Seizes $1.09M Crypto from BlackSuit Ransomware Linked to $370M Demands

The US Department of Justice has taken action against the BlackSuit ransomware gang, active since 2022...

Quick overview

  • The US Department of Justice has targeted the BlackSuit ransomware gang, responsible for over $370 million in ransom demands since 2022.
  • On July 24, 2025, authorities seized four servers, nine domains, and approximately $1.09 million in cryptocurrency as part of a coordinated international effort.
  • BlackSuit, which evolved from the Royal ransomware gang, specializes in large-scale extortion, with ransom demands ranging from $1 million to $60 million.
  • The takedown highlights the US's commitment to a 'disruption-first' approach to ransomware, emphasizing international cooperation to combat cybercrime.

The US Department of Justice has taken action against the BlackSuit ransomware gang, active since 2022 and responsible for over $370 million in ransom demands. On July 24, 2025, authorities seized four servers, nine domains and approximately $1.09 million in cryptocurrency with international law enforcement.

The operation involved a coalition of agencies including Homeland Security Investigations, Secret Service, IRS Criminal Investigation and the FBI, with support from the UK, Germany, Ireland, France, Canada, Ukraine and Lithuania. A federal warrant was also unsealed to seize funds previously frozen by an unnamed crypto exchange earlier this year.

BlackSuit’s Infrastructure Attacks

BlackSuit evolved from the Royal ransomware gang, using similar tactics, tools and operational methods. Since rebranding in 2023, the group has been specializing in large scale extortion, targeting organizations with ransom demands from $1 million to $10 million and in one case $60 million.

The gang had a darknet portal where stolen data was listed for release unless victims paid. By late 2023 the FBI and Cybersecurity and Infrastructure Security Agency warned that BlackSuit had the ability to attack critical infrastructure and public safety sectors.

  • Victim sectors: Healthcare providers, government offices, manufacturing, commercial operators
  • Typical impact: System lockouts and threats of sensitive data exposure
  • Notable payment: 49.3 BTC (~$1.44M) paid by one US organization in 2023

Investigations show BlackSuit has compromised over 450 US victims since 2022, so the July seizure is a big hit to their operations.

US Ransomware Crackdown

The US is taking a “disruption-first” approach to ransomware, combining sanctions, enforcement and forfeiture actions. Recent examples:

  • Sanctions on Russian hosting provider Zservers for supporting LockBit
  • DOJ forfeiture of $2.3 million in Bitcoin from Chaos ransomware members

Authorities say a coordinated international approach is key to stopping ransomware and protecting critical infrastructure from further disruption.

The BlackSuit takedown shows the US and its allies are serious about combating cybercrime and securing digital assets, and ransomware groups are facing increasing operational risks globally.

ABOUT THE AUTHOR See More
Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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