2024

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 The United States has revealed the supposed leader of crypto-ransomware group LockBit and is offering a $10 million bounty to anyone who can out key leaders from the hacking group.&nbsp;
 The US Treasury Department outed Dmitry Yuryevich Khoroshev as the primary <a rel="noopener noreferrer nofollow" title="leader" href="https://thebittimes.com/tag/leader.html">leader</a> of Russia-based <a rel="noopener noreferrer nofollow" title="LockBit" href="https://thebittimes.com/tag/lockbit.html">LockBit</a> in a <a rel="noopener noreferrer nofollow" title="sanction" href="https://thebittimes.com/tag/sanction.html">sanction</a> issued today.
 According to US authorities, Khoroshev is behind the ‘LockBitSupp’ moniker and helped upgrade and manage LockBit. It also shared his Bitcoin crypto address: bc1qvhnfknw852ephxyc5hm4q520zmvf9maphetc9z.
 Malware-focused account vx-underground, however, claims that LockBit issued a statement to the FBI that reads, “The FBI is bluffing, I’m not Dimon, I feel sorry for the real Dimon))) oh, and he’ll get fucked for my sins))).”
 Vx-Underground additionally reports that Khoroshev’s information, including his address and food order history, was exposed, and that he has a fondness for Cheesecake Factory.
 Today’s US sanction included a $10 million reward to anyone with information that may reveal the identity of LockBit’s key leaders. In addition, the government is offering $5 million to anyone with information that can lead to the arrest of anyone involved with LockBit ransomware.&nbsp;
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 A leader of what was once the world’s most harmful cyber crime group has been unmasked and sanctioned by the UK, US and Australia, following an NCA-led international disruption campaign.#Cronos @FBI @Europol Full story ️ https://t.co/ECxlgOTH5E pic.twitter.com/iYz4w2jheK— National Crime Agency (NCA) (@NCA_UK) May 7, 2024
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 The US worked alongside the UK and Australia to investigate LockBit.
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 Read more: LockBit countdown disappoints viewers with vague hints and a cartoon cat
 <h2 class="wp-block-heading" id="h-what-is-lockbit">What is LockBit?</h2>
 LockBit runs a ransomware-as-a-service model that generates funds by licensing its ransomware tools to fellow cybercriminals while taking a cut of their exploits.&nbsp;
 The US states, “[LockBit] has targeted over 2,500 victims worldwide and is alleged to have received more than $500 million in ransom payments,” while attacking “financial services, food and agriculture, education, emergency services, and healthcare.”&nbsp;
 Last February, 200 <a rel="noopener noreferrer nofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a> addresses linked to <a rel="noopener noreferrer nofollow" title="LockBit" href="https://thebittimes.com/tag/lockbit.html">LockBit</a> were frozen, and its site was seized by authorities, including the FBI, Europol, and the UK National Crime Agency.&nbsp;&nbsp;
 In the same month, authorities teased the announcement of LockBit’s leader and left users a little underwhelmed when its announcement revealed little more than a cartoon cat and the car he drove.
 Got a tip? Send us an email or ProtonMail. For more informed news, follow us on&nbsp;X,&nbsp;Instagram,&nbsp;Bluesky, and&nbsp;Google News, or subscribe to our&nbsp;YouTube&nbsp;channel.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/us-sanctions-russian-ransomware-leader-offers-10m-reward-tbt87701.html">https://thebittimes.com/us-sanctions-russian-ransomware-leader-offers-10m-reward-tbt87701.html</a>

US sanctions Russian ransomware leader, offers $10M reward

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