Russian suspected Phobos ransomware admin extradited to US over $16M extortion

Russian suspected Phobos ransomware admin extradited to US over $16M extortion

November 19, 2024 at 04:59PM

Evgenii Ptitsyn, a Russian citizen, was extradited from South Korea to the U.S. for his role in the Phobos ransomware operation, accused of extorting over $16 million from victims. Facing 13 charges, he provided technical support to criminals using the malware. If convicted, he could face over 100 years in prison.

### Meeting Takeaways:

1. **Extradition of Evgenii Ptitsyn**: A Russian citizen, Evgenii Ptitsyn (42), has been extradited from South Korea to the U.S. to face multiple charges related to the Phobos ransomware operation.

2. **Alleged Role**: Ptitsyn is accused of being an IT administrator for the Phobos gang, which has allegedly extorted around $16 million from various organizations since November 2020.

3. **Ransomware Operations**: The Phobos ransomware was offered to attackers for free, with charges of $300 for decryption keys, which were then sold to victims.

4. **Targeted Victims**: The ransomware targeted a range of entities including large corporations, schools, hospitals, nonprofits, and even a federally recognized tribe.

5. **Charges**: Ptitsyn faces 13 charges, including wire fraud conspiracy, computer fraud, and extortion, with a potential maximum sentence of over 100 years if convicted.

6. **Criminal Activities**: He allegedly distributed the ransomware under the aliases ‘derxan’ and ‘zimmermanx’ on dark web markets and was involved in the technical support for operations.

7. **International Cooperation**: The Department of Justice emphasized the importance of international law enforcement collaboration to combat ransomware threats.

8. **Statements from Officials**: Justice Department officials highlighted the significance of the case and expressed gratitude to international partners that contributed to the extradition and ongoing efforts against cybercrime.

9. **Current Status**: Ptitsyn has been transferred to the U.S. and is awaiting trial; details regarding his arrest in South Korea remain unclear.

These points summarize the critical aspects of the meeting regarding Ptitsyn’s extradition and the implications of his alleged criminal activities.

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