Chainalysis in Action: U.S. Authorities Disrupt NetWalker Ransomware

There are a number of entities who can take a bow for their part in yesterday’s news about NetWalker.  Read Chainanalysis’s post about their role:

Today, the U.S. Department of Justice (DOJ) announced a coordinated international law enforcement action to disrupt the NetWalker ransomware, including the seizure of nearly half a million dollars in cryptocurrency, the disablement of a dark web resource used to communicate with NetWalker ransomware victims, and the arrest of a Canadian national, Sebastien Vachon-Desjardins, who obtained tens of millions of dollars by acting as a NetWalker affiliate.

This case highlights the sophistication with which NetWalker operated, the global impact of ransomware attacks, and the substantial funds ransomware actors steal from their victims.

Chainalysis congratulates our government partners for their success in disrupting NetWalker’s operations, and we’re proud that Chainalysis investigative tools helped them track down ransomware funds. We’re also proud to provide exchanges with the transaction monitoring tools necessary to prevent these funds from being traded on their platforms.

Read more on Chainanalysis.

h/t, @Water_Steve

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