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The Wall Street Publication > Blog > Tech > U.S. Accuses Russian of Money Laundering for Ransomware Gang
Tech

U.S. Accuses Russian of Money Laundering for Ransomware Gang

Editorial Board Published November 12, 2021
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U.S. Accuses Russian of Money Laundering for Ransomware Gang
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A Moscow entrepreneur was detained during a vacation abroad this month and is now facing extradition to the U.S. on charges that he helped a notorious Russian ransomware group launder payments.

The case marks the first arrest in connection with the Ryuk ransomware group, which gained notoriety with a string of attacks last year targeting U.S. hospitals already strained by the Covid-19 pandemic.

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