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Texas Seizes $2.8 Million Crypto in Ransomware Case Tied to Zeppelin Attacks

Key Takeaways

  • ​Texas seized $2.8 million in crypto, $70,000 cash, and a luxury car in a ransomware case tied to Ianis Aleksandrovich Antropenko;
  • Prosecutors allege Antropenko used Zeppelin ransomware to steal data and demand payment from global victims;
  • Funds were allegedly laundered through ChipMixer and structured cash deposits to hide their origin.

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Texas Seizes $2.8 Million Crypto in Ransomware Case Tied to Zeppelin Attacks

Authorities in Texas have taken control of more than $2.8 million in cryptocurrency, along with $70,000 in cash and a luxury car, in a case linked to ransomware attacks.

According to an August 14 press release, the seizures came after six federal warrants were made public in courts in Virginia, California, and Texas.

The cryptocurrency was taken from a wallet said to be controlled by Ianis Aleksandrovich Antropenko. He is facing charges in Texas for conspiring to commit computer fraud, committing computer fraud, and conspiring to launder money.

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Prosecutors said Antropenko used a program called Zeppelin ransomware to target people, companies, and organizations in several countries, including the United States.

According to the charges, he and others would lock victims' files and take their data. They would demand payment to restore access, keep the stolen information private, or delete it.

Court documents stated that the seized cryptocurrency came from ransomware payments or was used to hide the source of those payments.

One method was ChipMixer, a service used to make cryptocurrency transactions harder to trace. ChipMixer was shut down in 2023 during an international law enforcement operation.

Prosecutors also said Antropenko converted cryptocurrency into cash and made deposits in smaller amounts to avoid detection.

The case also led to the seizure of physical cash and a luxury vehicle, which investigators say were part of the proceeds from the ransomware scheme.

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Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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