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A twin Canadian-Russian nationwide has been sentenced to 4 years in jail for his function in infecting greater than 1,000 victims with the LockBit ransomware after which extorting them for tens of tens of millions of {dollars}.
Mikhail Vasiliev, a 33-year-old who most just lately lived in Ontario, Canada, was arrested in November 2022 and charged with conspiring to contaminate protected computer systems with ransomware and sending ransom calls for to victims. Final month, he pleaded responsible to eight counts of cyber extortion, mischief, and weapons costs.
Throughout an October 2022 raid on Vasiliev’s Bradford, Ontario residence, Canadian legislation enforcement brokers discovered Vasiliev engaged on a laptop computer that displayed a login display to the LockBit management panel, which members used to hold out assaults. The investigators additionally discovered a seed phrase credential for a bitcoin pockets deal with that was linked to a distinct pockets that had acquired a cost from a sufferer that had been contaminated and extorted by LockBit.
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