According to ME News, on May 1 (UTC+8), the U.S. Department of Justice announced that Ryan Goldberg and Kevin Martin were each sentenced to four years in prison for their involvement in the 2023 ransomware attack using the ALPHV BlackCat malware. The two operated through a "ransomware-as-a-service" model, paying approximately 20% of proceeds, including one ransom of about $1.2 million in Bitcoin that they laundered. The group targeted over 1,000 entities worldwide. Co-defendant Angelo Martino has pleaded guilty and will be sentenced on July 9. (Source: MLion)
Two U.S. cybersecurity professionals sentenced for ransomware attacks
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Summary
Two U.S. cybersecurity professionals, Ryan Goldberg and Kevin Martin, received four-year prison sentences for their involvement in the 2023 ALPHV BlackCat ransomware attacks. The group operated using a "ransomware as a service" model, earning 20% commissions, including a $1.2 million Bitcoin ransom tied to a news-related incident that was laundered. The attacks impacted over 1,000 victims worldwide. Co-defendant Angelo Martino has already pleaded guilty and is scheduled for sentencing on July 9. On-chain transaction tracking revealed the Bitcoin payments linked to the case.
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