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– Embargo ransomware group laundered $34M in crypto since April 2024, targeting U.S. healthcare, manufacturing, and business services with double extortion and AI-enhanced attacks.
– Group demands up to $1.3M in ransoms, linked to BlackCat (ALPHV) via shared tech and infrastructure, operating under a RaaS model to scale operations.
– $13.5M in active crypto transfers tracked through high-risk exchanges like Cryptex.net, with AI used both for malware evasion and defensive threat detection.
– Embargo exploits U.S. sector vulnerabilities (e.g., healthcare continuity needs) while blockchain laundering and evolving tactics highlight growing ransomware sophistication.
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