Binance Square

DeadAce

WELCOME TO MY PROFILE. I HOPE YOU ALL ARE FINE. LIKE. FOLLOW.SHARE.COMMENT.
Open Trade
Occasional Trader
7.7 Years
6 Following
45 Followers
54 Liked
1 Shared
Posts
Portfolio
¡
--
Bullish
The Japanese investment company Metaplanet has made another significant investment to strengthen its bitcoin portfolio. According to the company's latest announcement, it purchased an additional 2,205 bitcoins for approximately $237.9 million (ÂĽ34.49 billion). The tokens were acquired at an average price of ÂĽ15.64 million per bitcoin, which is about $107,800, increasing its total held value to 15,555 BTC. What do you think about that? $BTC
The Japanese investment company Metaplanet has made another significant investment to strengthen its bitcoin portfolio.

According to the company's latest announcement, it purchased an additional 2,205 bitcoins for approximately $237.9 million (ÂĽ34.49 billion). The tokens were acquired at an average price of ÂĽ15.64 million per bitcoin, which is about $107,800, increasing its total held value to 15,555 BTC.

What do you think about that?

$BTC
¡
--
Bullish
Vietnam has taken a decisive step to regulate its thriving digital economy by officially legalizing crypto assets. The National Assembly approved the Digital Technology Industry Law on Saturday, a comprehensive measure that defines, classifies, and outlines the management of digital assets for the first time in the country's history. This step follows years of regulatory ambiguity and increasing international pressure. Vietnam has remained on the Financial Action Task Force (FATF) 'grey list' since 2023 due to insufficient safeguards against money laundering related to virtual assets. In response, the government has accelerated efforts to formalize the regulation of digital assets, culminating in this law, which is set to take effect on January 1, 2026. The new law divides digital assets into two broad categories – virtual assets and crypto assets. Virtual assets are defined as non-financial digital instruments used for exchange or investment. They explicitly exclude securities, such as stocks or bonds, and digital versions of fiat currencies, such as tokenized Vietnamese dong. Crypto assets, on the other hand, are encrypted digital units that use blockchain or similar technologies to verify ownership and process transactions. This category also excludes financial instruments governed by civil or banking laws. It primarily relates to cryptocurrencies like Bitcoin and Ethereum, along with other blockchain-based tokens that rely on encryption for security and decentralization. #VietnamCryptoPolicy $BTC
Vietnam has taken a decisive step to regulate its thriving digital economy by officially legalizing crypto assets.

The National Assembly approved the Digital Technology Industry Law on Saturday, a comprehensive measure that defines, classifies, and outlines the management of digital assets for the first time in the country's history.

This step follows years of regulatory ambiguity and increasing international pressure. Vietnam has remained on the Financial Action Task Force (FATF) 'grey list' since 2023 due to insufficient safeguards against money laundering related to virtual assets.

In response, the government has accelerated efforts to formalize the regulation of digital assets, culminating in this law, which is set to take effect on January 1, 2026.

The new law divides digital assets into two broad categories – virtual assets and crypto assets.

Virtual assets are defined as non-financial digital instruments used for exchange or investment. They explicitly exclude securities, such as stocks or bonds, and digital versions of fiat currencies, such as tokenized Vietnamese dong.

Crypto assets, on the other hand, are encrypted digital units that use blockchain or similar technologies to verify ownership and process transactions. This category also excludes financial instruments governed by civil or banking laws. It primarily relates to cryptocurrencies like Bitcoin and Ethereum, along with other blockchain-based tokens that rely on encryption for security and decentralization.

#VietnamCryptoPolicy $BTC
¡
--
$AIXBT /USDT – Aggressive Growth in Motion! ⚡📈 Current Price: $0.1762 (+8.63%) 24H Range: Low $0.1611 / High $0.1764 AIXBT - is the native token of the Virtuals protocol, which is an artificial intelligence (AI) powered platform that provides real market analysis for users in the cryptocurrency sector. 📊 Market Structure: $AIXBT shows a strong bullish turnaround with a clear breakout above $0.1700. Volume is increasing with solid green candles and higher lows — continuation bullish likely. 📍 Key Levels: Resistance: $0.1785 Support: $0.1690 Breakout Zone: $0.1745+ 🎯 Trade Setup: Entry Zone: $0.1735 – $0.1765 TP1: $0.1820 TP2: $0.1880 TP3: $0.1950 SL: $0.1675 💡 Pro Tip: If the price reshapes $0.1765 into support, expect acceleration towards $0.18+. Avoid chasing — watch for small corrections to enter on strength. #VietnamCryptoPolicy #MetaplanetBTCPurchase
$AIXBT /USDT – Aggressive Growth in Motion! ⚡📈
Current Price: $0.1762 (+8.63%)
24H Range: Low $0.1611 / High $0.1764

AIXBT - is the native token of the Virtuals protocol, which is an artificial intelligence (AI) powered platform that provides real market analysis for users in the cryptocurrency sector.

📊 Market Structure:
$AIXBT shows a strong bullish turnaround with a clear breakout above $0.1700. Volume is increasing with solid green candles and higher lows — continuation bullish likely.

📍 Key Levels:
Resistance: $0.1785
Support: $0.1690

Breakout Zone: $0.1745+
🎯 Trade Setup:
Entry Zone: $0.1735 – $0.1765
TP1: $0.1820
TP2: $0.1880
TP3: $0.1950
SL: $0.1675

💡 Pro Tip:
If the price reshapes $0.1765 into support, expect acceleration towards $0.18+. Avoid chasing — watch for small corrections to enter on strength.

#VietnamCryptoPolicy #MetaplanetBTCPurchase
¡
--
American police seized cryptocurrencies linked to BidenCash, a notorious marketplace on the dark web accused of selling more than 15 million stolen credit cards and personal information. An international operation shut down approximately 145 domains on the darknet and traditional internet associated with marketplaces. BidenCash generated over $17 million in revenue during its operation, which began in 2022, according to a statement from the U.S. Attorney's Office. The marketplace also sold compromised login credentials that could be used to access computers without authorization. BidenCash charges a fee for each transaction. The BidenCash domain carries an official notice informing users that the domain has been seized by U.S. law enforcement agencies. The operation is led by the United States Secret Service (USSS) and the Federal Bureau of Investigation (FBI). #MyCOSTrade #CircleIPO $BTC
American police seized cryptocurrencies linked to BidenCash, a notorious marketplace on the dark web accused of selling more than 15 million stolen credit cards and personal information.

An international operation shut down approximately 145 domains on the darknet and traditional internet associated with marketplaces.

BidenCash generated over $17 million in revenue during its operation, which began in 2022, according to a statement from the U.S. Attorney's Office.

The marketplace also sold compromised login credentials that could be used to access computers without authorization.

BidenCash charges a fee for each transaction.

The BidenCash domain carries an official notice informing users that the domain has been seized by U.S. law enforcement agencies. The operation is led by the United States Secret Service (USSS) and the Federal Bureau of Investigation (FBI).

#MyCOSTrade #CircleIPO $BTC
¡
--
Elon Musk revealed that X is launching a new feature called XChat, built on the Rust platform with Bitcoin-style encryption. He calls it a "completely new architecture". On Sunday, Musk hinted at the launch of XChat, a platform for end-to-end encrypted messaging. This feature will include disappearing messages and audio/video calls "without a phone number on all platforms". "Completely new XChat is being introduced with encryption, disappearing messages, and the ability to send any type of file," he wrote to his 220 million followers. "And also audio/video calls." Rust is a programming language known for its speed, memory safety, and concurrency. The new architecture uses encryption methods similar to those used in Bitcoin. $BTC #TradingTypes101 #ElonMuskTalks
Elon Musk revealed that X is launching a new feature called XChat, built on the Rust platform with Bitcoin-style encryption. He calls it a "completely new architecture".

On Sunday, Musk hinted at the launch of XChat, a platform for end-to-end encrypted messaging. This feature will include disappearing messages and audio/video calls "without a phone number on all platforms".

"Completely new XChat is being introduced with encryption, disappearing messages, and the ability to send any type of file," he wrote to his 220 million followers. "And also audio/video calls."

Rust is a programming language known for its speed, memory safety, and concurrency. The new architecture uses encryption methods similar to those used in Bitcoin.

$BTC #TradingTypes101 #ElonMuskTalks
¡
--
#FTXRefunds The cryptocurrency platform FTX, which collapsed in 2022, will start paying compensation to its main creditors from May 30, 2024, from a fund of $11.4 billion in cash obtained during the Chapter 11 bankruptcy proceedings under U.S. law. This outcome was made possible by: The liquidation of remaining assets The sale of subsidiaries of the FTX group (such as FTX Japan and LedgerX) Settlements and enforcement of claims from court disputes Reduction of operating costs under new management This operation represents a key moment for the victims of the FTX scandal and marks a significant turning point in the long and complicated process of resolution following the crisis. #TradingTypes101 $BTC
#FTXRefunds The cryptocurrency platform FTX, which collapsed in 2022, will start paying compensation to its main creditors from May 30, 2024, from a fund of $11.4 billion in cash obtained during the Chapter 11 bankruptcy proceedings under U.S. law.

This outcome was made possible by:

The liquidation of remaining assets

The sale of subsidiaries of the FTX group (such as FTX Japan and LedgerX)

Settlements and enforcement of claims from court disputes

Reduction of operating costs under new management

This operation represents a key moment for the victims of the FTX scandal and marks a significant turning point in the long and complicated process of resolution following the crisis.

#TradingTypes101 $BTC
¡
--
The difference between CEX (Centralized Exchange) and DEX (Decentralized Exchange) lies primarily in the way management, control, and security are handled when trading cryptocurrencies. 🏦 CEX – Centralized Exchange Examples: Binance, Coinbase, Kraken, Bitfinex Easy to use – user-friendly interface High liquidity – more users, higher trading volumes Fast trading – orders are executed almost instantly Customer support – ability to resolve issues through support 🌐 DEX – Decentralized Exchange Examples: Uniswap, PancakeSwap, dYdX, Curve Does not hold funds – you trade directly from your wallet (e.g., MetaMask) Greater anonymity – mostly without KYC Censorship resistance – no central authority Transparency – smart contracts are public and auditable But if you trade often with $BNB , Binance is an excellent choice. #CEXvsDEX101 #bnb
The difference between CEX (Centralized Exchange) and DEX (Decentralized Exchange) lies primarily in the way management, control, and security are handled when trading cryptocurrencies.

🏦 CEX – Centralized Exchange

Examples: Binance, Coinbase, Kraken, Bitfinex

Easy to use – user-friendly interface

High liquidity – more users, higher trading volumes

Fast trading – orders are executed almost instantly

Customer support – ability to resolve issues through support

🌐 DEX – Decentralized Exchange

Examples: Uniswap, PancakeSwap, dYdX, Curve

Does not hold funds – you trade directly from your wallet (e.g., MetaMask)

Greater anonymity – mostly without KYC

Censorship resistance – no central authority

Transparency – smart contracts are public and auditable

But if you trade often with $BNB , Binance is an excellent choice.
#CEXvsDEX101 #bnb
¡
--
A lot of people make mistakes when redeeming their VOUCHERS, but don't worry — I'm here to help you today! If you have 200 POINTS or more, you will notice TWO TYPES OF VOUCHERS in the picture: 1️⃣ BLUE VOUCHER – If you are interested in TRADING and often pay TRADING FEES, then REDEEMING THIS VOUCHER will help you SAVE on fees! BUT remember, it is LIMITED, so use it wisely. 2️⃣ BROWN VOUCHER – If you need $ in YOUR SPOT WALLET, always go for this one! It gives you DIRECT REWARDS. I hope this clarifies your confusion and helps you choose correctly next time. If you found this post helpful, don't forget TO LIKE AND SHARE! 🙂
A lot of people make mistakes when redeeming their VOUCHERS, but don't worry — I'm here to help you today!
If you have 200 POINTS or more, you will notice TWO TYPES OF VOUCHERS in the picture:

1️⃣ BLUE VOUCHER
– If you are interested in TRADING and often pay TRADING FEES, then REDEEMING THIS VOUCHER will help you SAVE on fees! BUT remember, it is LIMITED, so use it wisely.

2️⃣ BROWN VOUCHER
– If you need $ in YOUR SPOT WALLET, always go for this one! It gives you DIRECT REWARDS.

I hope this clarifies your confusion and helps you choose correctly next time.

If you found this post helpful, don't forget TO LIKE AND SHARE! 🙂
¡
--
Russia lays the groundwork for a state-controlled cryptocurrency exchange This regulatory shift follows a broader effort to integrate digital assets into the Russian legal framework. In April, the Ministry of Finance and the central bank began laying the groundwork for a state cryptocurrency exchange. Finance Minister Anton Siluanov stated that the exchange will help legitimize cryptocurrencies and direct digital transactions into a controlled environment. The new platform, which operates under Russia's experimental legal regime for financial innovations, will only serve 'super qualified' investors. It will not support retail trading but will allow vetted market participants to trade cryptocurrencies under strict supervision. Russia's efforts to create a domestic crypto infrastructure follow recent disruptions. In March, the freezing of stablecoin wallets tied to Russian users revealed vulnerabilities associated with tokens issued abroad. In response, officials proposed the development of a national stablecoin aimed at enhancing financial independence and ensuring sustained access to digital payments. $BTC
Russia lays the groundwork for a state-controlled cryptocurrency exchange

This regulatory shift follows a broader effort to integrate digital assets into the Russian legal framework. In April, the Ministry of Finance and the central bank began laying the groundwork for a state cryptocurrency exchange. Finance Minister Anton Siluanov stated that the exchange will help legitimize cryptocurrencies and direct digital transactions into a controlled environment.

The new platform, which operates under Russia's experimental legal regime for financial innovations, will only serve 'super qualified' investors. It will not support retail trading but will allow vetted market participants to trade cryptocurrencies under strict supervision.

Russia's efforts to create a domestic crypto infrastructure follow recent disruptions. In March, the freezing of stablecoin wallets tied to Russian users revealed vulnerabilities associated with tokens issued abroad. In response, officials proposed the development of a national stablecoin aimed at enhancing financial independence and ensuring sustained access to digital payments.

$BTC
¡
--
"Today is a very historic day," he said. "I announce that the Pakistani government is establishing its own government-led strategic reserve of Bitcoin. And we want to thank the United States once again, as we were inspired by them." Bilal bin Saqib, head of the Pakistan Cryptocurrency Council, unveiled this initiative on Wednesday at the Bitcoin 2025 conference in Las Vegas. Saqib, in a speech to a full audience, praised the USA for its pioneering efforts. Pakistan announced the creation of a government-led strategic reserve of Bitcoin, representing a dramatic shift from its previous stance against cryptocurrencies and signaling its intention to become a serious player on the global digital asset stage. $BTC
"Today is a very historic day," he said. "I announce that the Pakistani government is establishing its own government-led strategic reserve of Bitcoin. And we want to thank the United States once again, as we were inspired by them."

Bilal bin Saqib, head of the Pakistan Cryptocurrency Council, unveiled this initiative on Wednesday at the Bitcoin 2025 conference in Las Vegas. Saqib, in a speech to a full audience, praised the USA for its pioneering efforts.

Pakistan announced the creation of a government-led strategic reserve of Bitcoin, representing a dramatic shift from its previous stance against cryptocurrencies and signaling its intention to become a serious player on the global digital asset stage.

$BTC
¡
--
Bullish
The American Court for International Trade on Wednesday overturned Trump’s tariffs "Liberation Day," which sparked a positive reaction in global markets. On Wednesday, the court in Manhattan ruled in favor of states led by the Democratic Party and a group of small businesses that argued Trump unlawfully invoked the emergency law to justify this part of his economic policy. Global financial markets have experienced sharp fluctuations since Trump revealed extensive tariffs on April 2, with some measures later being eased or lifted amid ongoing negotiations between the White House and foreign governments. Although Bitcoin remained mostly unchanged, Asian stock markets rose on Thursday morning, with the Japanese Nikkei 225 index gaining about 1.67% and the Australian ASX 200 index recording slight gains. Indian indices Nifty and Sensex also opened higher. $BTC
The American Court for International Trade on Wednesday overturned Trump’s tariffs "Liberation Day," which sparked a positive reaction in global markets.

On Wednesday, the court in Manhattan ruled in favor of states led by the Democratic Party and a group of small businesses that argued Trump unlawfully invoked the emergency law to justify this part of his economic policy.

Global financial markets have experienced sharp fluctuations since Trump revealed extensive tariffs on April 2, with some measures later being eased or lifted amid ongoing negotiations between the White House and foreign governments.

Although Bitcoin remained mostly unchanged, Asian stock markets rose on Thursday morning, with the Japanese Nikkei 225 index gaining about 1.67% and the Australian ASX 200 index recording slight gains. Indian indices Nifty and Sensex also opened higher.

$BTC
¡
--
The Bank of Korea (BOK) is exploring the integration of central bank digital currency deposits with public blockchain networks. Deputy Governor Lee Jong-ryeol outlined the bank's vision during the "Blockchain Leaders Club" event on Tuesday. "We are considering a plan to connect the Bank of Korea's deposit tokens with a public blockchain system," Lee said according to a News1 report. Lee further noted that the tokens could potentially work alongside privately issued stablecoins within the crypto ecosystem. On the global stage, the growth of stablecoins has reached new heights. For example, their total market value exceeded 230 billion dollars in March 2025. At the time of writing, the total stablecoin market stood at 247.483 billion dollars, representing an increase of 3.537 billion dollars over the past week. $BNB
The Bank of Korea (BOK) is exploring the integration of central bank digital currency deposits with public blockchain networks. Deputy Governor Lee Jong-ryeol outlined the bank's vision during the "Blockchain Leaders Club" event on Tuesday.

"We are considering a plan to connect the Bank of Korea's deposit tokens with a public blockchain system," Lee said according to a News1 report.

Lee further noted that the tokens could potentially work alongside privately issued stablecoins within the crypto ecosystem.

On the global stage, the growth of stablecoins has reached new heights. For example, their total market value exceeded 230 billion dollars in March 2025. At the time of writing, the total stablecoin market stood at 247.483 billion dollars, representing an increase of 3.537 billion dollars over the past week.

$BNB
¡
--
Hackers attacked the Instagram account of rapper Migos to leak sensitive personal information belonging to Solana co-founder Raj Gokal, including what appeared to be a passport and KYC documents, and demanded 40 bitcoins. Raj warned a week ago that hackers were trying to gain control over his Google account, social media, and Apple. Instagram removed the post from Migos's account almost an hour after the hackers published sensitive information about Raj and his family. The hackers posted photographs of the Solana co-founder from his passport and ID with the caption "you should have paid 40 BTC," suggesting they were trying to blackmail him for not posting it on doxing, but Raj refused to pay. $BTC
Hackers attacked the Instagram account of rapper Migos to leak sensitive personal information belonging to Solana co-founder Raj Gokal, including what appeared to be a passport and KYC documents, and demanded 40 bitcoins.

Raj warned a week ago that hackers were trying to gain control over his Google account, social media, and Apple. Instagram removed the post from Migos's account almost an hour after the hackers published sensitive information about Raj and his family.

The hackers posted photographs of the Solana co-founder from his passport and ID with the caption "you should have paid 40 BTC," suggesting they were trying to blackmail him for not posting it on doxing, but Raj refused to pay.

$BTC
¡
--
Bullish
Dubai has launched its first government-supported tokenized real estate platform, which, according to an announcement from May 25, represents a significant step in the city's ambition to digitalize its thriving real estate market. The initiative is led by the Dubai Land Department (DLD) and aims to tokenize properties worth $16 billion by 2033, representing approximately 7% of the total planned transactions. The platform, named Prypco Mint, was developed in collaboration with real estate fintech firm Prypco. It allows investors to purchase shares in properties in Dubai starting from 2,000 dirhams, which is roughly $540. The platform currently supports transactions only in the local currency and is available exclusively to holders of identification cards in the United Arab Emirates. DLD stated that global access and further integration of the platform will be introduced in later phases. Will you invest? $BTC
Dubai has launched its first government-supported tokenized real estate platform, which, according to an announcement from May 25, represents a significant step in the city's ambition to digitalize its thriving real estate market.

The initiative is led by the Dubai Land Department (DLD) and aims to tokenize properties worth $16 billion by 2033, representing approximately 7% of the total planned transactions.

The platform, named Prypco Mint, was developed in collaboration with real estate fintech firm Prypco. It allows investors to purchase shares in properties in Dubai starting from 2,000 dirhams, which is roughly $540.

The platform currently supports transactions only in the local currency and is available exclusively to holders of identification cards in the United Arab Emirates. DLD stated that global access and further integration of the platform will be introduced in later phases.

Will you invest?

$BTC
¡
--
On Friday afternoon, Donald Trump expressed his dissatisfaction with the actions of the European Union on social media and suggested imposing a 50% tariff starting from June 1, 2025. This naturally affected the price of Bitcoin, which traded at $106,600 over the weekend. However, last night the president postponed these tariffs until July 9, 2025. And Bitcoin is rising again. Donald Trump: Today I received a call from Ursula von der Leyen, President of the European Commission, requesting an extension of the deadline for the 50% tariff in the area of trade and the European Union, which was set for June 1. I agreed to the extension – until July 9, 2025 – and it was my honor to do so. $BTC
On Friday afternoon, Donald Trump expressed his dissatisfaction with the actions of the European Union on social media and suggested imposing a 50% tariff starting from June 1, 2025. This naturally affected the price of Bitcoin, which traded at $106,600 over the weekend. However, last night the president postponed these tariffs until July 9, 2025. And Bitcoin is rising again.

Donald Trump:

Today I received a call from Ursula von der Leyen, President of the European Commission, requesting an extension of the deadline for the 50% tariff in the area of trade and the European Union, which was set for June 1. I agreed to the extension – until July 9, 2025 – and it was my honor to do so.

$BTC
¡
--
Bullish
In an interview with CNN on May 25, host Jake Tapper pressed House Speaker Mike Johnson regarding a private event dedicated to meme coins that was hosted by former President Donald Trump. The closed-door dinner, which took place on May 23 at the Trump National Golf Club in Virginia, brought together prominent investors in the Trump-themed meme coin "TRUMP". Tapper pointed out that the list of attendees had not been made public, raising concerns about transparency and potential foreign influence. Johnson stated that he knew nothing about the event on May 23 and declined to say whether the attendees should be disclosed, leaving unanswered questions regarding ethics and political influence at the growing intersection of cryptocurrency and Washington power. This is interesting, what is your opinion? $TRUMP
In an interview with CNN on May 25, host Jake Tapper pressed House Speaker Mike Johnson regarding a private event dedicated to meme coins that was hosted by former President Donald Trump. The closed-door dinner, which took place on May 23 at the Trump National Golf Club in Virginia, brought together prominent investors in the Trump-themed meme coin "TRUMP". Tapper pointed out that the list of attendees had not been made public, raising concerns about transparency and potential foreign influence.

Johnson stated that he knew nothing about the event on May 23 and declined to say whether the attendees should be disclosed, leaving unanswered questions regarding ethics and political influence at the growing intersection of cryptocurrency and Washington power.

This is interesting, what is your opinion?

$TRUMP
¡
--
Coinbase investors file a lawsuit over alleged misuse of user data leak. Coinbase is facing a class action lawsuit from shareholders who claim that the cryptocurrency exchange did not promptly disclose a serious data security breach and violations of regulatory requirements, both of which contributed to a decline in the company's stock price. According to the lead plaintiff, investor Brady Nessler, Coinbase kept shareholders in the dark about key risks, including a breach of a 2020 agreement by its UK subsidiary CB Payments and a December cyber attack that compromised personal data of tens of thousands of users. What do you think about this? $BTC
Coinbase investors file a lawsuit over alleged misuse of user data leak.

Coinbase is facing a class action lawsuit from shareholders who claim that the cryptocurrency exchange did not promptly disclose a serious data security breach and violations of regulatory requirements, both of which contributed to a decline in the company's stock price.

According to the lead plaintiff, investor Brady Nessler, Coinbase kept shareholders in the dark about key risks, including a breach of a 2020 agreement by its UK subsidiary CB Payments and a December cyber attack that compromised personal data of tens of thousands of users.

What do you think about this?

$BTC
¡
--
Bullish
The U.S. Department of Justice (DOJ) announced on May 23 that it seized cryptocurrencies worth over $24 million from a Russian citizen accused of developing and operating the Qakbot malware. An unsealed federal indictment identifies Rustam Rafailevich Gallyamov (48) from Moscow as the chief developer of Qakbot. Gallyamov now faces federal charges for allegedly leading a global cybercrime group that infected computers with malware and facilitated extensive ransomware attacks. According to the Department of Justice, Gallyamov created and controlled the malware since 2008 and later used it to infect thousands of computers worldwide. These infected systems were subsequently used to build a botnet that became a platform for large-scale ransomware attacks. Gallyamov is accused of providing access to this botnet to other cybercrime groups. These groups then deployed ransomware strains such as REvil, Conti, Black Basta, and Cactus. In return, Gallyamov allegedly received a share of the ransom. What do you think about this? #HackerNews $BTC
The U.S. Department of Justice (DOJ) announced on May 23 that it seized cryptocurrencies worth over $24 million from a Russian citizen accused of developing and operating the Qakbot malware.

An unsealed federal indictment identifies Rustam Rafailevich Gallyamov (48) from Moscow as the chief developer of Qakbot. Gallyamov now faces federal charges for allegedly leading a global cybercrime group that infected computers with malware and facilitated extensive ransomware attacks.

According to the Department of Justice, Gallyamov created and controlled the malware since 2008 and later used it to infect thousands of computers worldwide. These infected systems were subsequently used to build a botnet that became a platform for large-scale ransomware attacks.

Gallyamov is accused of providing access to this botnet to other cybercrime groups. These groups then deployed ransomware strains such as REvil, Conti, Black Basta, and Cactus. In return, Gallyamov allegedly received a share of the ransom.

What do you think about this?

#HackerNews $BTC
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs