LockBit Developer’s ‘Oops, I Did It Again’ Moment Lands Him in Hot Water – Extradition Awaits

LockBit ransomware developer Rostislav Panev, who allegedly didn’t realize his work was illegal at first, is awaiting extradition to the US. With three LockBit members now in custody, the infamous gang’s criminal operation is but a shadow of its former self.

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Hot Take:

When you realize your ‘coding side hustle’ pays $10,000 a month, but oops, it’s illegal! Who knew writing ransomware could be such a lucrative gig? Talk about a tech job with benefits… like free room and board in a federal prison!

Key Points:

  • Rostislav Panev, a dual national of Russia and Israel, is in custody awaiting extradition to the US.
  • Panev is charged with 41 counts, including computer-related extortion and conspiracy to commit fraud.
  • The LockBit ransomware group, once notorious, has been greatly diminished in its operations.
  • Panev allegedly claimed ignorance of the illegality of his work, despite his extensive coding contributions.
  • LockBit extorted over $500 million in ransom from victims worldwide.

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