Crypto

TDA ATM Malware Ring Sanctioned After $40 Million Stolen From US Banks

Guavy AI Editorial Team Published October 1, 2026

A foreign terrorist organization's ATM malware network has been sanctioned by the U.S. Department of the Treasury's Office of Foreign Assets Control after draining over $40 million from U.S. banks through more than 1,500 jackpotting attacks.

The Tren de Aragua (TdA) network, based in Mexico and Venezuela, installs malware that forces ATMs to dispense cash, with proceeds often laundered through cryptocurrency.

Treasury Secretary Scott Bessent emphasized the administration's commitment to preventing terrorist groups from exploiting the U.S. financial system: 'President Trump's administration will not allow terrorist organizations like Tren de Aragua to exploit the U.S. financial system or enrich themselves through theft and other criminal activity targeting American individuals and businesses.'

TDA ATM Malware Ring Sanctioned After $40 Million Stolen From US Banks

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