BTC PULSE
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
Play Now
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home WEB 3.0

Ransomware Gang BlackCat Allegedly Exit Scams Affiliates, Disappearing with Millions in Bitcoin

by Dan K
Mar 7, 2024 - 2:31 pm
in WEB 3.0
Digital illustration depicting the BlackCat ransomware gang exiting with a loot of Bitcoins, symbolizing their alleged scam of affiliates after a healthcare sector attack

Cyber gang BlackCat, also known as ALPHV and Noberus, has allegedly scammed its own affiliates, making off with millions in Bitcoin after targeting the U.S. healthcare system. This incident sheds light on the precarious nature of cybercriminal alliances and underscores the importance of enhanced cybersecurity measures within the healthcare sector.

BlackCat’s Operation and the Change Healthcare Attack

An address linked to the ransomware gang received approximately $22 million in Bitcoin on March 1, following a late February assault on United Healthcare’s Change Healthcare. This tech firm is a critical service provider to hospitals and clinics across the United States. However, the situation took a dramatic turn when, just two days later, the address received over 1,000 BTC and was promptly drained.

Allegations of Deception

An individual operating under the pseudonym “notchy,” who claimed to be an affiliate of BlackCat, alleged in a cybercriminal forum post that the gang had not distributed the promised shares from the ransom. This claim suggests a significant breach of trust within the cybercriminal community, potentially leading to instability and retaliatory actions.

The Fallout and Ongoing Threat

Despite the apparent exit scam, affiliates who participated in the attack on Change Healthcare reportedly still possess sensitive data from the breach. This lingering threat highlights the ongoing risks posed by the compromised data, potentially affecting numerous healthcare providers connected to Change Healthcare.

BlackCat’s History and Law Enforcement Response

Since its inception in late 2021, BlackCat has targeted a variety of organizations worldwide, including a notable attack on Reddit in 2023. The group’s operations were significantly disrupted in December 2023 when the FBI shut down its website, seized associated domains, and released a decryption tool to aid affected entities. Additionally, the U.S. Department of State has recently announced substantial rewards for information leading to the capture or identification of key BlackCat members, signaling a concerted effort to combat the group’s activities.

Conclusion

The BlackCat saga is a stark reminder of the intricate and often perilous world of cybercrime. As cybersecurity threats continue to evolve, both public and private sectors must remain vigilant and collaborate closely to protect sensitive information and infrastructure from such malicious actors.

Tags: BlockchainCryptoWeb3
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

Related Posts

Former President Donald Trump and Elon Musk during their X Space interview.

Trump-Musk X Space Interview: Bitcoin and Crypto Go Unmentioned Despite High Expectations

August 13, 2024

Despite bettors giving a 65% chance of a crypto mention, Trump avoided the topic in his interview with...

Traders monitor Bitcoin ETF performance as inflows surge across U.S. markets

US Spot Bitcoin, Ethereum ETFs Record Joint Outflows for First Time

August 3, 2024

Spot Bitcoin and Ethereum exchange-traded funds in the U.S. recorded joint outflows for the first time on Aug....

Image depicting cryptocurrency symbols with a backdrop of security breach graphics.

Crypto Ecosystem Lost $269M to Hackers in July, 87% Stolen in Single CeFi Hack

July 30, 2024

In July 2024, the crypto ecosystem lost nearly $269.5 million in 14 hacking incidents, with 87% of the...

Representation of Dogecoin with Ethereum and Solana logos, symbolizing the integration of new Web3 capabilities.

New Proposal Aims to Enhance Dogecoin with Ethereum, Solana-like Web3 Capabilities

July 26, 2024

Dogecoin could soon gain Ethereum and Solana-like Web3 capabilities with QED Protocol's new proposal, enhancing transaction speed and...

Press Releases

png 115

BTC Miner: Earn $100-$100,000 Daily – The Fastest Growing Crypto Mining Platform of 2025!

June 25, 2025

BTC Miner, the fastest growing platform in 2025, opens a new era of inclusive cryptocurrency mining, allowing everyone to participate...

image2

Could XYZVerse Overtake DOGE and SHIB? Analysts Say $0.003333 Could Explode to $10!

March 30, 2025

XYZVerse aims to outpace DOGE and SHIB, with bold $10 price goals, strong community rewards, and rising demand as it...

image1 1

Massive Institutional BTC Buys Could Launch the Next Bull Market: 5 Altcoins to Watch

March 29, 2025

Institutional Bitcoin buys may trigger a market surge. Five altcoins, including $XYZ, stand to gain—early investors could see major ROI...

image1

XRP Faces Strong Resistance While XYZVerse Gains Early Investor Attention With 10 Billion $XYZ Airdrop

March 28, 2025

XRP struggles at resistance, while XYZVerse grabs early investor attention with a 10B token airdrop and rapid growth toward a...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise