Ransomware Bust: 8Base Crew Dismantled, $16M Theft Unraveled!

The 8Base ransomware group has been shut down following an international police operation. Arrests were made in Thailand, with suspects accused of stealing $16 million. The 8Base ransomware group, active since 2022, is among the top new ransomware operators. Authorities are now watching for signs of the gang’s resurfacing.

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Hot Take:

Looks like the 8Base ransomware crew’s crime spree has hit a dead end, or should we say, a dark web dead end? International authorities have hit the jackpot, busting these cyber scallywags and proving once again that crime doesn’t pay – especially when you try to hide behind a computer screen!

Key Points:

  • 8Base ransomware crew’s dark web presence has been shut down by international police.
  • Four European suspects were arrested in Thailand, accused of stealing $16 million from over 1,000 victims.
  • The operation involved police from the US, Europe, and Asia, with Europol and the UK’s NCA confirming their involvement.
  • Swiss and US authorities are seeking the extradition of the suspects on charges including conspiracy to commit wire fraud.
  • Speculation surrounds a possible connection between the 8Base and Phobos ransomware groups.

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