OFAC has identified two members of the LockBit group

Home / OFAC has identified two members of the LockBit group

The Office of Foreign Assets Control (OFAC) has identified two participants involved in the distribution of ransomware LockBit. They turned out to be Artur Sungatov and Ivan Kondratyev.
OFAC also added 10 cryptocurrency wallets to the sanctions list. According to Arkham, some of the addresses were sending money to KuCoin, Coinspaid and Binance.

Earlier this week, the Department of Justice, Europol and law enforcement agencies from multiple other countries gained control of LockBit’s infrastructure as part of Operation Cronos.

Authorities also froze 200 wallets associated with LockBit.

The group’s activities led to the theft of $120 million from more than 2,000 victims.

Law enforcement officials said they will distribute decryption keys to victims so they can regain access to their devices.

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