Russia’s Zservers sanctioned by US, UK, and Australia for serving crypto ransomware LockBit

Three countries have sanctioned the Russia-based hosting service Zservers for offering services to the notorious cryptocurrency ransomware gang LockBit. A Feb. 11 press release from the U.S. Treasury’s Office of Foreign Assets Control, Australia’s Department of Foreign Affairs and Trade, and the UK’s Foreign, Commonwealth & Development Office revealed a joint crackdown, sanctioning bulletproof hosting […]

US charges developer in LockBit group, paid in crypto

The U.S. Department of Justice has charged Rostislav Panev, a dual Russian and Israeli national, for his alleged involvement with the LockBit ransomware group.  Panev, 51, is accused of working as a developer for the group, earning over $230,000 in cryptocurrency for his contributions. Arrested in Israel in August, Panev is currently awaiting extradition to […]