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US charges suspected LockBit ransomware developer

The US Department of Justice has charged Rostislav Panev, alleged developer for the LockBit ransomware group, with 41 counts including wire fraud and extortion. Panev, a Russian and Israeli national, was arrested in Israel in 2024. The DoJ claims he helped grow LockBit into a major ransomware group, causing billions in losses. Panev admitted to coding, development and consulting work for LockBit.

Source: www.helpnetsecurity.com –

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