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US sanctions LockBit members after ransomware takedown


The new sanctions will make it far more difficult for the hackers to profit from ransomware by making it illegal for U.S. victims to pay.

The U.S. government has sanctioned two key members of LockBit, the Russian-speaking hacking and extortion gang accused of launching ransomware attacks against victims across the U.S. and internationally. “The United States will not tolerate attempts to extort and steal from our citizens and institutions,” said U.S. Deputy Secretary of the Treasury Wally Adeyemo in a statement. Matveev, who remains at large, was subject to U.S. sanctions in 2023, preventing U.S. victims from paying a ransom to him or his associated ransomware gangs, including Hive and Babuk.

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