Hackers cashed out more than a million dollars on Binance

The investigation established that hackers cashed out amount that is worth over a million dollars in BTC. The payments were sent by cybercriminals to Ryuk ransomware controllers and much of it passed via Binance platform.
In accordance with information obtained from the FBI, the criminals who designed the ransomware Ryuk stole 61 million dollars and then withdrew the funds via Binance.
The trading platform didnt have the opportunity to prevent criminals to withdraw money using its infrastructure. More than 1 million USD were sent from numerous addresses to different wallets on Binance. Hackers did it in the course of three years. One of these transactions took place in August, 2020.

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