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MOSCOW — When cybersleuths traced the millions of dollars American companies, hospitals and city governments have paid to online extortionists in ransom money, they made a telling discovery: At least some of it passed through one of the most prestigious business addresses in Moscow. The Biden administration has also zeroed in on the building, Federation Tower East, the tallest skyscraper in the Russian capital.

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The United States has targeted several companies in the tower as it seeks to penalize Russian ransomware gangs, which encrypt their victims’ digital data and then demand payments to unscramble it. Those payments are typically made in cryptocurrencies, virtual currencies like Bitcoin, which the gangs then need to convert to standard currencies, like dollars, euros and rubles.

That this high-rise in Moscow’s financial district has emerged as an apparent hub of such money laundering has convinced many security experts that the Russian authorities tolerate ransomware operators. The targets are almost exclusively outside Russia, they point out, and in at least one case documented in a U. sanctions announcement, the suspect was assisting a Russian espionage agency.“It says a lot,” said Dmitry Smilyanets, a threat intelligence expert with the Massachusetts-based cybersecurity firm Recorded Future.

“Russian law enforcement usually has an answer: ‘There is no case open in Russian jurisdiction. How do you expect us to prosecute these honorable people? ’”Recorded Future has counted about 50 cryptocurrency exchanges in Moscow City, a financial district in the capital, that in its assessment are engaged in illicit activity.

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Other exchanges in the district are not suspected of accepting cryptocurrencies linked to crime. Cybercrime is just one of many issues fueling tensions between Russia and the United States, along with the Russian military buildup near Ukraine and a recent migrant crisis on the Belarus-Polish border.

The Treasury Department has estimated that Americans have paid $1.6 billion in ransoms since 2011. One Russian ransomware strain, Ryuk, made an estimated $162 million last year encrypting the computer systems of American hospitals during the pandemic and demanding fees to release the data, according to Chainalysis, a company tracking cryptocurrency transactions.   The hospital attacks cast a spotlight on the rapidly expanding criminal industry of ransomware, which is based primarily in Russia.  

Criminal syndicates have become more efficient, and brazen, in what has become a conveyor-belt-like process of hacking, encrypting and then negotiating for ransom in cryptocurrencies, which can be owned anonymously.

At a summit meeting in June, President Biden pressed President Vladimir V. But after the State Department announced a million bounty for information leading to his arrest, Mr. Putin of Russia to crack down on ransomware after a Russian gang, Dark Side, attacked a major gasoline pipeline on the East Coast, Colonial Pipeline, disrupting supplies and creating lines at gas stations. Yakubets of also assisting Russia’s Federal Security Service, the main successor to the K. Yakubets seemed only to flaunt his impunity in Russia: He was photographed driving in Moscow in a Lamborghini partially painted fluorescent yellow.

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American officials point to people like Maksim Yakubets, a skinny 34-year-old with a pompadour haircut whom the United States has identified as a kingpin of a major cybercrime operation calling itself Evil Corp. The cluster of suspected cryptocurrency exchanges in Federation Tower East, first reported last month by Bloomberg News, further illustrates how the Russian ransomware industry hides in plain sight. Cybersecurity analysts have linked his group to a series of ransomware attacks, including one last year targeting the National Rifle Association. The 97-floor, glass-and-steel high-rise resting on a bend in the Moscow River stands within sight of several government ministries in the financial district, including the Russian Ministry of Digital Development, Signals and Mass Communications. Two of the Biden administration’s most forceful actions to date targeting ransomware are linked to the tower.

In September, the Treasury Department imposed sanctions on a cryptocurrency exchange called Suex, which has offices on the 31st floor.