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How Chainalysis Helped the FBI Track Down and Freeze Millions in the Caesars Casino Ransomware AttackHow Chainalysis Helped the FBI Track Down and Freeze Millions in the Caesars Casino Ransomware Attack

TL;DR:TL;DR:

  • In 2023, Caesars Entertainment was hit by a $15 million ransomware attack carried out by the Scattered Spider group.
  • Chainalysis tools were instrumental in helping the FBI trace and freeze millions in ransom funds across multiple blockchains and protocols.
  • The case illustrates how blockchain’s transparency, paired with the right technology and ecosystem cooperation, can turn ransom payments into recoverable assets — even months after the attack.
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