Yanluowang Broker Pleads Guilty to Ransomware Access
🔒 Aleksey Olegovich Volkov, a Russian national who used aliases including chubaka.kor and nets, has agreed to plead guilty to acting as an initial access broker for the Yanluowang ransomware group. Between July 2021 and November 2022 he sold credentials that enabled intrusions at eight U.S. companies and facilitated ransom demands ranging from $300,000 to $15 million. FBI warrants seized server logs, stolen data, chat histories and iCloud records linking Volkov to the scheme and to partial Bitcoin payments. He faces up to 53 years in prison and must pay more than $9.1 million in restitution.
