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Russian banker of Hive ransomware network arrested in Paris

Posted on December 12, 2023 by Dissent

The following is an automatic machine translation of an article by Le Figaro with AFP:

A Russian, suspected of having recovered in cryptocurrencies the money taken from French victims of the powerful Hive ransomware , dismantled in January, was arrested last week, AFP learned on Tuesday December 12 from the judicial police. The suspect, ” aged around forty and who resided in Cyprus “, was arrested on December 5 while he was in Paris, said Christophe Durand, head of the cyber-investigations unit of the brand new Office. anti-cybercrime (Ofac).

More than 570,000 euros in cryptocurrencies, corresponding to “ his working capital ”, were seized as part of the search of his Cypriot home, carried out while he was in police custody thanks to the “ reactivity ” of international cooperation, via Europol and Eurojust, greeted Christophe Durand. Hive, one of the world’s leading ransomware attack networks, is accused of targeting 1,500 entities in 80 countries and collecting more than $100 million in ransoms.

Read more at Le Figaro.

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