January 10, 2024 at 09:51AM
Sebastien Raoult, a member of the ShinyHunters hacking group, was sentenced to 3 years in prison in the U.S. for conspiracy to commit wire fraud and identity theft, with a $5,000,000 restitution order. His activities caused financial damages exceeding $6 million by stealing personal information and selling it on the dark web.
Key Meeting Takeaways:
– Sebastien Raoult, a member of the ShinyHunters hacking group, has been sentenced to three years in prison and ordered to pay a restitution of $5,000,000 by the U.S. District Court in Seattle.
– Raoult, known online as ‘Sezyo Kaizen’, pleaded guilty to conspiracy to commit wire fraud and aggravated identity theft in September 2023, resulting in a maximum punishment of 27 years in prison.
– Between April 2020 and July 2021, Raoult and his co-conspirators caused financial damages exceeding $6 million through the theft and sale of personal information on the dark web.
– Raoult lured victims with phishing pages, mimicking login portals of their targets’ employers, and used stolen credentials to access company systems and steal data.
– ShinyHunters group threatened to leak or sell stolen data if victimized companies didn’t pay them a ransom, causing reputation and financial damage to the firms.
– Raoult expressed repentance during his sentencing and can be out on supervised release in about ten months, with time spent in detention in Morocco and the U.S. credited towards his three-year sentence.