The U.S. Department of Justice has announced the extradition of Rostislav Panev, a dual Russian-Israeli national, on charges of developing for LockBit, a notorious ransomware group responsible for attacking thousands of victims and extorting over $500 million. Panev and his co-conspirators helped make LockBit one of the most active and destructive ransomware operations globally.
The United States Department of Justice announced that Rostislav Panev, a dual Russian and Israeli national, was extradited to the United States on charges that he was a developer for LockBit, a brand of ransomware which has attacked thousands of victims and extracted at least $500 million in ransom payments.
Over the last several years, Panev and his co-conspirators grew LockBit into what was, at times, the most active and destructive ransomware brand in the world.
Source: Midtown Trobune
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