4 Arrests, Sanctions Follow Global Operation Against Lockbit Group

By: bitcoin.com|2024/10/22 15:02:16
0
Share
copy

Europol and multiple countries have taken a significant step against the notorious Lockbit ransomware group with four key arrests and international sanctions. A collaborative effort between France, the UK, and Spain led to the detainment of critical individuals, including a developer and a hosting administrator. The operation is part of a larger international crackdown known as Operation Cronos, which aims to dismantle ransomware networks like Lockbit, known for their extensive global impact between 2021 and 2023.

Global Sanctions Target Lockbit Ransomware Network in Joint Operation

Europol announced on Oct. 1 a major development in the fight against the Lockbit ransomware group, with four arrests and new financial sanctions. France, the UK, and Spain carried out coordinated actions that led to the arrests of key individuals linked to Lockbit, including a developer and a Bulletproof hosting service administrator. Europol detailed:

A suspected developer of Lockbit was arrested at the request of the French authorities, while the British authorities arrested two individuals for supporting the activity of a Lockbit affiliate. The Spanish officers seized nine servers, part of the ransomware’s infrastructure, and arrested an administrator of a Bulletproof hosting service used by the ransomware group.

These actions are part of Operation Cronos, a long-standing international law enforcement effort involving 12 countries and Eurojust. In addition to the arrests, multiple governments imposed sanctions against individuals associated with the ransomware group. Europol noted that Australia, the UK, and the U.S. issued sanctions against a Lockbit affiliate linked to Evil Corp.

 

Europol added:

The United Kingdom sanctioned fifteen other Russian citizens for their involvement in Evil Corp’s criminal activities, while the United States also sanctioned six citizens and Australia sanctioned two.

Lockbit has been one of the most active ransomware groups globally between 2021 and 2023, operating under a ransomware-as-a-service model. Law enforcement agencies, with Europol’s support, have been working to dismantle Lockbit’s infrastructure since February 2024. Europol also emphasized the role of the “No More Ransom” initiative, which offers free decryption tools for victims and has already assisted over six million individuals worldwide.

You may also like

What Is TradFi and Why Is Everyone Talking About It in 2026?

Gold is rallying, SpaceX is heading for a historic IPO, and oil remains highly volatile. Discover why TradFi is back in focus and how crypto traders can access these opportunities with USDT. Put another way, TradFi Is Having Its Biggest Moment Ever, and Crypto Traders Are Perfectly Positioned

From Poland to Paris: A Look Back at WEEX's Global Community Journey in May 2026

Follow WEEX's global journey across Poland, Barcelona, Dubai, Milan and Paris. Explore Bitcoin Pizza Day, LALIGA VIP experiences, Web3 networking events, trading education and more from an action-packed May.

WEEX WXT Eco Carnival: How to Join WXT Events and Plan Trading Tasks

The WEEX WXT Eco Carnival is an ecosystem campaign built around WEEX Token (WXT), designed for users interested in platform tokens, spot trading, futures trading, deposit tasks, and referral rewards.

WSJ: Hyperliquid is becoming Wall Street's crypto "convenience store"

Hyperliquid has become a 24/7 trading venue, with more and more traditional and cryptocurrency traders flocking to the platform to bet on almost all assets.

Morning Report | Robinhood completes acquisition of WonderFi for $180 million; Anthropic submits IPO draft application to SEC confidentially; Google plans to raise $80 billion in financing

Overview of Important Market Events on June 2nd

Morning Report | Strategy sold 32 BTC and over 800,000 shares of MSTR last week; Binance officially announced its U.S. stock trading portal; Polymarket reached an exclusive partnership with OneFootball

Overview of Important Market Events on June 1st

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com