May 3, 2024 at 02:13PM
Ukrainian national Yaroslav Vasinskyi, a member of the REvil ransomware group, has been sentenced to more than 13 years in prison after pleading guilty to 11 charges, including fraud, money laundering conspiracy, and damage to protected computers. He was involved in thousands of ransomware attacks, demanding over $700 million in ransom payments and causing $16 million in restitution.
From the meeting notes, it was reported that Yaroslav Vasinskyi, also known as Rabotnik, an affiliate of the REvil ransomware-as-a-service group, has been sentenced to more than 13 years in prison after pleading guilty to an 11-count indictment. The charges included conspiracy to commit fraud, conspiracy to commit money laundering, and damage to protected computers. According to court documents, Vasinskyi conducted thousands of ransomware attacks using the Sodinokibi/REvil ransomware variants. Principal Deputy Assistant Attorney General Nicole M. Argentieri, head of the Justice Department’s Criminal Division, stated that Vasinskyi and his co-conspirators hacked into thousands of computers worldwide, encrypted them with ransomware, and demanded over $700 million in ransom payments. It was also noted that alongside his sentencing, Vasinskyi has been ordered to pay roughly $16 million in restitution for his role in over 2,500 ransomware attacks, a fraction of the $700 million in ransom payments that was demanded.