The U.S. Department of Treasury has prohibited anyone in the United States from conducting business with SUEX OTC, a Russian-linked currency exchange. The move is the first of its kind in the country, as the government increases efforts to get a handle on cybercrime. The feds analyzed SUEXs transactions and found that the exchange facilitated transactions of illicit proceeds from at least eight ransomware variants, according to the Treasury Department. Ransomware attacks have caused the Biden administration to double down on its determination to go after ransomware actors.”]
Source: https://threatpost.com/feds-sanctions-suex-cryptocurrency-ransomware/174895/