United

when

Read

A global cybercrime coalition has effectively dismantled the operational network of LockBit, a leading global ransomware syndicate.&nbsp; 
The <a href="https://www.theguardian.com/technology/2024/feb/20/uk-and-fbi-lock-cybercrime-group-out-of-lockbit-website" target="_blank" rel="noopener">operation</a> captured the group’s “command and control” systems, marking a significant blow against LockBit’s criminal activities. The NCA, FBI, Europol, and a united front of law enforcement agencies worldwide were involved in the capture.&nbsp; 
In recent years, LockBit had been behind some of the biggest <a href="https://crypto.news/russia-linked-crypto-ransomware-hits-u-s-arm-of-chinese-lender/">hacks</a> and crypt-extortion, including the breach of Bangkok Airways, Accenture, and Canadian Government Services. In November, the group targeted <a href="https://www.bleepingcomputer.com/news/security/capital-health-attack-claimed-by-lockbit-ransomware-risk-of-data-leak/" target="_blank" rel="noopener">Capital Health</a>, which operated two major hospitals and several satellite and specialty clinics across the United States.&nbsp; 
The coalition took over LockBit’s own website and put up a disclaimer showing that it had been confiscated. 
<figure class="wp-block-image size-full is-resized">
 <img loading="lazy" decoding="async" width="1013" height="633" src="https://crypto.news/app/uploads/2024/02/Screenshot-2024-02-12-181449-4.png" alt="NCA, FBI take down Russia-linked LockBit ransomware gang - 17" class="wp-image-14250703" style="width: 100%;height:auto">
 <figcaption class="wp-element-caption">
 Source: <a href="https://www.theguardian.com/technology/2024/feb/20/uk-and-fbi-lock-cybercrime-group-out-of-lockbit-website" target="_blank" rel="noopener">The Guardian</a>
 </figcaption>
</figure> 
 You might also like: <a href="https://crypto.news/ethereum-dencun-spot-eth-etf/"> Ethereum hits $3k on Dencun, spot ETH ETF anticipation </a> 
The crackdown led to the arrest of key LockBit figures in Poland and Ukraine, with additional charges brought against two alleged affiliates in the United States. Authorities have also identified two Russian nationals connected to the group who remain at large. 
Efforts to disrupt LockBit’s financial operations have seen the freezing of over 200 cryptocurrency accounts associated with the network. 
<a href="https://crypto.news/russia-linked-crypto-ransomware-hits-u-s-arm-of-chinese-lender/">LockBit</a> used to show a ransomware countdown timer on their website, displaying when they will leak their victim’s data. The NCA-led coalition mocked the criminal gang by repurposing their timers to schedule the release of their own information, potentially including the identity of its leader. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Lockbit would publish stolen information on their blog Now it’s the NCA's turn <a href="https://t.co/Y4dNMufFQ4" target="_blank">https://t.co/Y4dNMufFQ4</a> <a href="https://t.co/0388ThuvMA" target="_blank">pic.twitter.com/0388ThuvMA</a>— CertiK Alert (@CertiKAlert) <a href="https://twitter.com/CertiKAlert/status/1759927384185196877?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">February 20, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Additionally, the U.S. DOJ has recently issued an indictment against Russian citizens Artur Sungatov and Ivan Kondratyev, accusing them of executing LockBit <a href="https://crypto.news/sec-chair-gary-gensler-criticizes-bitcoin-calls-out-its-role-in-ransomware/">ransomware</a> attacks on American targets, further intensifying the legal actions against the ransomware group. 
 Read more: <a href="https://crypto.news/metamask-blockaid-security-integration/"> MetaMask integrates Blockaid security alerts into platform </a>

NCA, FBI take down Russia-linked LockBit ransomware gang

crypto.news

Other articles published on Feb 20, 2024

Exploring Three Prominent Altcoins with High Growth Potential

Indian Payments Authority executive supports RBI’s efforts in CBDC development

Tether Treasury Prints 1 Billion USDT

Is ChatGPT Spying on You? Hackers Caught, Privacy Concerns Raised

60 Million XRP Sent to Unknown Amid XRP Community Concerns

Short squeeze alert for this week: Two cryptocurrencies with potential to skyrocket

Join our free newsletter for daily crypto updates!