A Russian citizen and alleged participant in Ryuk ransomware attacks has been extradited from the Netherlands for trial in the US.
Denis Mihaqlovic Dubnikov and his co-conspirators allegedly laundered $70 million from ransomware attacks, with Dubnikov purportedly laundering over $400,000, the Department of Justice said yesterday. The attacks encrypted files holding them hostage until payment.
The news of Dubnikov’s extradition comes a week after the arrest by Dutch authorities of Alexey Pertsev, developer of the crypto mixer Tornado Cash, who was accused of facilitating money laundering.
The US elevated ransomware investigations to the same priority as terrorism last year following the Colonial Pipeline ransomware attack. The US has since extradited other individuals in the name of ransomware investigations, including in March, when a Canadian man was accused of carrying out dozens of ransomware attacks.
Dubnikov will face trial in Portland on Oct, 4, and could face up to 20 years in prison if convicted.
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