“The LockBit ransomware variant, like other major ransomware variants, operates in the ‘ransomware-as-a-service’ (RaaS) model, in which administrators, also called developers, design the ransomware, recruit other members — called affiliates — to deploy it, and maintain an online software dashboard called a ‘control panel’ to provide the affiliates with the tools necessary to deploy LockBit,” the DOJ press release said.
Insider at Solana’s (SOL) Cypher Protocol Admits to Stealing $300K
Hoak's admission comes one day after Cypher's founder Barrett accused him of systematically draining troves of valuable cryptos from the...