Security News > 2024 > February > LockBit ransomware gang has over $110 million in unspent bitcoin
The LockBit ransomware gang received more than $125 million in ransom payments over the past 18 months, according to the analysis of hundreds of cryptocurrency wallets associated with the operation.
The investigation found that more than 2,200 BTC - more than $110 million at today's exchange rate, remained unspent when LockBit was disrupted.
In mid-June 2023, America's Cyber Defense Agency said that LockBit was responsible for 1,700 ransomware attacks in the U.S. since 2020 and the gang extorted victims of $91 million.
The U.S. State Department is offering up to $15 million in rewards to anyone who can provide information about LockBit ransomware gang members and their partners.
US offers $15 million bounty for info on LockBit ransomware gang.
LockBit ransomware disrupted by global police operation.