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DOJ Seizes $24 Million in Crypto From Alleged Qakbot Malware Developer: A Blow to Cybercrime?

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DOJ Seizes  Million in Crypto From Alleged Qakbot Malware Developer: A Blow to Cybercrime?

US DOJ Seizes Millions in Crypto from Accused Qakbot Developer

The US Department of Justice (DOJ) has taken a significant step in the ongoing fight against cybercrime, seizing over $24 million in cryptocurrency from Rustam Rafailevich Gallyamov, a Russian national accused of developing the notorious Qakbot malware.

The seizure, announced on May 22, 2023, came as part of a civil forfeiture complaint filed by the DOJ. Gallyamov, a 48-year-old resident of Moscow, has been indicted by a federal grand jury and faces charges related to his alleged role in creating and operating the Qakbot botnet.

Qakbot, a highly sophisticated malware, has been wreaking havoc for over a decade. Initially designed to steal financial information, Qakbot has evolved into a multi-faceted threat, often acting as a stepping stone for ransomware attacks.

Screenshot of the indictment. Source: US Department of Justice
Screenshot of the indictment. Source: US Department of Justice

A Continued Fight Against Cybercrime

The DOJ has made it clear that it is determined to hold cybercriminals accountable. Matthew Galeotti, head of the DOJ’s criminal division, emphasized the department’s commitment to using every legal tool available to identify, charge, and disrupt criminal activity, including the seizure of ill-gotten gains.

This latest action against Gallyamov is a testament to the DOJ’s ongoing efforts to dismantle cybercriminal networks and protect victims. The seizure of cryptocurrency, a common currency used in the dark web, demonstrates the department’s ability to track and seize assets even in the digital realm.

A Blow to the Qakbot Botnet

While a significant blow to Qakbot‘s operations, the DOJ acknowledges that the fight is not over. In 2023, a US-led international operation successfully disrupted the Qakbot botnet. Despite this setback, Gallyamov reportedly continued to deploy alternative methods to offer his malware, highlighting the adaptability and resilience of cybercrime networks.

This case serves as a reminder of the constant evolution of cybercrime and the need for proactive measures to combat its impact. Law enforcement agencies and security experts are continually working to stay ahead of evolving threats and protect individuals and organizations from the devastating consequences of cyberattacks.

The DOJ’s commitment to pursuing cybercriminals, even those operating across international borders, sends a strong message: the pursuit of justice knows no boundaries, and the fight against cybercrime will continue.

Sarah Walker
Sarah Walker
Sarah Walker is an educator dedicated to demystifying cryptocurrency for beginners. Her clear and concise guides, glossaries, and tutorials empower newcomers to confidently engage with the crypto space.

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