FBI Seizes Over $2.4 Million in Bitcoin from Chaos Ransomware Member in Dallas

Published at 2025-08-04 11:06:06
FBI Seizes Over $2.4 Million in Bitcoin from Chaos Ransomware Member in Dallas – cover image

In a major crackdown on cybercrime, the FBI's Dallas office has seized over $2.4 million worth of Bitcoin from an alleged member of the Chaos ransomware group, known by the alias "Hors." On April 15, 2025, the agency confiscated 20.2891382 Bitcoins from a wallet connected to Hors, who is suspected of orchestrating multiple ransomware attacks across Texas and other U.S. regions.

Chaos ransomware, which emerged in February 2025 as a splinter faction from the BlackSuit gang, quickly gained notoriety for its sophisticated encryption methods and double extortion tactics. This ransomware infects various systems including Windows, Linux, ESXi, and NAS devices, marking encrypted files with a ".chaos" extension. Victims are pressured to contact attackers through Tor addresses, further complicating law enforcement efforts.

The successful seizure of these cryptocurrencies by the FBI underlines important limitations of using cryptocurrencies for criminal anonymity. Despite the inherent privacy of blockchain technology, investigative and legal measures, combined with advanced tracing tools, have made it possible to recover illicit assets.

The U.S. Attorney’s Office in the Northern District of Texas has filed a civil forfeiture complaint to claim these funds, representing a key step in dismantling ransomware networks and deterring future attacks.

For those interested in securing their own crypto assets or exploring safer ways to invest in cryptocurrencies, platforms like Bitlet.app offer innovative solutions. Bitlet.app provides Crypto Installment services that allow users to buy cryptocurrencies now and pay monthly, reducing the financial burden of investing in this volatile market.

This case serves as a reminder of ongoing efforts to keep the crypto space safe and highlights the importance of choosing reputable platforms like Bitlet.app for transactions and investments.

Share on:

Related news

Vietnam police detain five suspects in $532K Da Nang crypto scam

Vietnamese police have arrested five suspects in Da Nang accused of running a cryptocurrency scam that allegedly stole about $532,000; investigations are ongoing.

Ripple and UC Berkeley Launch UDAX Accelerator to Scale XRP Ledger Startups

Ripple and UC Berkeley today unveiled UDAX, an accelerator for projects building on the XRP Ledger; nine startups completed the pilot and received technical mentorship and VC introductions. The program aims to deepen developer activity and drive real-world use cases for XRP Ledger technology.

Published at 2026-01-17 22:45:05
Defiance Closes Ethereum ETF After Only Four Months

Miami-based Defiance ETFs announced Thursday it will close its Ethereum ETF after just four months on the market. The abrupt decision underscores mounting pressure in the competitive spot-ETH ETF landscape.

Published at 2026-01-17 18:15:09
Fed to Inject $55B in T-Bill Purchases, Boosting Crypto Market Optimism

The Federal Reserve will buy $55 billion in Treasury bills as it resumes expanding its balance sheet, fueling hopes that added liquidity could support a crypto market rally. Traders and analysts say the move may ease financial conditions and lift risk assets, including Bitcoin and Ethereum.

Published at 2026-01-17 17:15:05
Texas, New Hampshire Lead U.S. Race to Put Bitcoin on State Balance Sheets

Texas and New Hampshire are among a growing number of U.S. states moving to add Bitcoin (BTC) to their balance sheets as Congress advances a federal crypto market structure bill. The actions signal rising state-level appetite for digital-asset exposure and could shape wider treasury practices.

Published at 2026-01-17 15:45:05