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Ukrainian Cybercriminal Pleads Guilty in U.S. to Ransomware Scheme
Ukrainian Cybercriminal Pleads Guilty in U.S. to Ransomware Scheme
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BTCCSquare news:
A Ukrainian national faces up to a decade in prison after admitting to orchestrating ransomware attacks targeting U.S. companies. The defendant, extradited from Spain in April, utilized Nefilim ransomware to encrypt and extort data from high-revenue victims, demanding payment for decryption keys.
Authorities continue hunting his alleged accomplice, Volodymyr Tymoshchuk, with an $11 million bounty for information leading to his capture. The U.S. Department of Justice describes the defendant as a serial cybercriminal tied to multiple ransomware groups, emphasizing the millions in damages inflicted through customized attacks.
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