Ukraine’s National Agency for the Detection and Management of Assets (ARMA) has officially received crypto assets worth over $11.1 million, marking a significant milestone in the country’s approach to cybercrime. According to Ruslan Kravchenko, the assets were transferred to ARMA’s cryptocurrency wallet.
Investigative reports indicate that these assets belonged to a member of an international hacker group responsible for cyberattacks against citizens and companies in Europe and the United States. The group was known for stealing confidential information and demanding ransoms. The laundered funds were reportedly used to purchase real estate, vehicles, and other properties in Ukraine.
The financial damage caused by this hacker organization exceeds $100 million. As part of the investigation, four members of the group have been arrested, including its ringleader, all of whom are currently in custody.
In total, the state has seized properties including residential houses, apartments, vehicles, and cash, along with virtual assets equivalent to over $8.3 million (approximately 372 million UAH). “Modern crime has long transitioned into the digital realm, and investigations into cybercrimes have extended well beyond Ukraine,” Kravchenko concluded.
Seized crypto assets transferred to ARMA
