WannaCry operator empties the wallets of Bitcoin connected to ransomware

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The WannaCry crypto ransomware worm ravaged in May the worldwide networks and collected finally the ransom paid by the victims of the worm. The bitcoins value also has increased by nearly $140,000, but the value of the currency got a boost of 20 percent triggered by the Bitcoin market split on August 1, reports Quartz.

After the initial wave in May 2017 of infections, the three wallets recognized by security researchers to be linked with ransomware’s code collected approximately $70,000 in bitcoin. The ransom payments rolled in over the summer, but the value of the gains collected by the ransomwareh spread with the support of a National Security Agency exploit leaked by the Shadowbrokers who received 20 percent bump on August 1. That surge is owing to a project called Bitcoin Cash managed to recently “fork” the Bitcoinblockchain, creating a new cryptocurrency bypassing the transaction limits on Bitcoinblockchain established.

The WannaCry-related bitcoins movement was first reported by Quartz’ Keith Collins, who set up a “bot” to track the transactions involving wallets.

However, the bitcoin movement out of the wallets fails to indicate that the WannaCry operators have been able to cash out totally. To launder the acquired blockchains through the ransomware, they must have used a “bitcoin mixer” service so that they conceal the transaction record so that they prevent the cashout from being connected with the malware outbreak.

That may be more difficult due to the recent arrest in Greece of Alexander Vinnik, who owned a stake in the BTC-e bitcoin exchange. However, the Justice Department claimed that Vinnik was involved in more than $4 billion money-laundering operation through BTC-e.

 

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