US reveals charges against alleged LockBit ransomware developer

Illustration: Beatrice Sala 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.
Authorities previously arrested other alleged members of the LockBit group, including Mikhail Vasiliev and Ruslan Ma