Security News > 2024 > January > ShinyHunters chief phisherman gets 3 years, must cough up $5M

A key member of the ShinyHunters cybercrime group is facing three years in the slammer and being forced to return $5 million in criminal proceeds.

Sebastien Raoult, 22, was in charge of developing websites for ShinyHunters that mimicked the real login pages of major brands.

"For over two years, Mr. Raoult participated in extensive computer hacking that caused millions of dollars in losses to victim companies and unmeasurable additional losses to hundreds of millions of individuals whose data was sold to other criminals," said Sarah Vogel of the Western District of Washington.

"Mr Raoult's motive was pure greed. He sold hacked data. He stole people's cryptocurrency. He even sold his hacking tools so that he could profit while other hackers attacked additional victims."

"Thanks to the diligent work of federal and international law enforcement, Mr Raoult will be held accountable for his cybercrimes, which caused millions of dollars of harm to companies and customers."

The three-year sentence is broken down into 12 months for the conspiracy to commit wire fraud charge and 24 months for the aggravated identity theft charge, with credit for the time Raoult served while jailed in Morocco, according to court documents [PDF].

News URL

https://go.theregister.com/feed/www.theregister.com/2024/01/10/shinyhunters_kingpin_prison/