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US reveals charges against alleged LockBit ransomware developer
He allegedly received more than $230,000 for his work.
The US government has charged a dual Russian and Israeli national with allegedly building and maintaining LockBit’s malware code, while receiving over $230,000 in cryptocurrency for his work. The 51-year-old Rostislav Panev was arrested in Israel pending extradition to the US, making him the third member of the LockBit ransomware group in custody. As outlined in the complaint, Panev is accused of working as a developer for LockBit since the group first formed in 2019, helping to wage ransomware attacks on hundreds of entities around the globe, including hospitals, businesses, government agencies, and more.
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