Bill Toulas reports:
A global law enforcement operation targeting the Phobos ransomware gang has led to the arrest of four suspected hackers in Phuket, Thailand, and the seizure of 8Base’s dark web sites. The suspects are accused of conducting cyberattacks on over 1,000 victims worldwide.
The arrested individuals, two men and two women, are Europeans who reportedly extorted $16,000,000 worth of Bitcoin from their victims over the years.
The police operation, codenamed “Phobos Aetor,” led to coordinated raids across four locations, where laptops, smartphones, and cryptocurrency wallets were seized for forensic analysis.
Read more at BleepingComputer.