Ransom Cartel founder sentenced to 16 years
๐ฐ Maksim Silnikau, creator and administrator of the Ransom Cartel ransomware operation, was sentenced to 16 years in prison after pleading to conspiracy, wire fraud, and aggravated identity theft. US prosecutors say he recruited affiliates, supplied stolen credentials and encryption tools, and ran a portal to coordinate attacks and split ransom payments. The scheme targeted at least 18 companies worldwide and sought over $5.2 million in extortion.