March 5, 2024 at 10:56AM
The BlackCat ransomware gang is attempting to pull an exit scam by announcing the sale of their malware source code for $5 million, claiming the FBI seized their site. This follows complaints from affiliates and rumors of an exit scam, demonstrating the gang’s untrustworthiness and questionable operations in the past.
It seems that the BlackCat ransomware gang is pulling an exit scam, trying to shut down and run off with affiliates’ money by pretending that the FBI seized their site and infrastructure. They have announced that they are selling the source code for the malware for the hefty price of $5 million.
Additionally, ALPHV appears to be closing the project because of government intervention and affiliates not being paid. The gang’s actions, such as shutting down their data leak blog and negotiation servers, and pretending that the FBI took control of their websites, all indicate that they are engaging in an exit scam.
The operators of BlackCat have a history of evolving their ransomware operations and have been involved in various high-profile attacks, including the Colonial Pipeline and Change Healthcare. Despite law enforcement involvement and pressure, they have continued their activities and are now pulling an exit scam.
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