U.S. places $11 million bounty on Ukrainian ransomware mastermind — Tymoshchuk allegedly stole $18 billion from large companies over 3 years
The United States has placed an $11 million bounty on Volodymyr Tymoshchuk, a Ukrainian man accused of orchestrating ransomware attacks that stole a total of $18 billion over three years. Tymoshchuk allegedly masterminded the MegaCortex, LockerGoga, and Nefilim attacks, targeting American companies, health institutions, and foreign industrial firms. The attacks involved encrypting files and demanding ransom payments. If extradited and found guilty, Tymoshchuk could face life in prison for charges related to computer damage and threatening to disclose private information. The indictment also implicates Tymoshchuk's involvement with other cybercriminals, including his co-defendant Artem Stryzhak.
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