A federal court in the Southern District of Florida has ordered the forfeiture of crypto and other assets held by Angelo Martino, identified as a co-conspirator linked to the BlackCat/ALPHV ransomware operation. The order covers about 90.319 BTC and 7,999.873 XMR, along with smaller amounts of XRP, XLM, and SOL. Based on current market prices cited in the report, the seized crypto is worth roughly $8.37 million in total, including about $5.84 million in BTC and about $2.46 million in XMR, while the remaining tokens are valued at around $71,000. The court also ordered the forfeiture of two properties in Florida, as well as vehicles and boats. Martino had served as a ransomware negotiator. He was sentenced to 70 months in prison for leaking client negotiation information to attackers and for taking part in ransomware attacks.
A federal court in the Southern District of Florida has ordered the forfeiture of assets held by Angelo Martino, a co-conspirator tied to the BlackCat/ALPHV ransomware operation. The order covers about 90.319 BTC and 7,999.873 XMR, along with smaller amounts of XRP, XLM, and SOL.
Using current market prices referenced in the report, the seized crypto is valued at roughly $8.37 million. That total includes about $5.84 million in BTC and about $2.46 million in XMR, with the other tokens worth a combined $71,000.
The court also ordered the forfeiture of two Florida properties, as well as other assets including vehicles and boats.
Martino had worked as a ransomware negotiator. He was sentenced to 70 months in prison for leaking client negotiation information to attackers and for participating in ransomware attacks.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
