The Embargo ransomware group has successfully moved more than 34 million USD in crypto since April 2024, focusing on critical sectors such as hospitals.
Their victims include well-known entities like American Associated Pharmacies and numerous hospitals across the United States, with ransom demands reportedly as high as 1.3 million USD.
Experts suggest that about 18.8 million USD in dormant wallets may reflect a strategy to mask their origins, while the group’s aggressive tactics include data encryption to extort payments.
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