Swiss court sentences Ukrainian ransomware developer to 12 years and 9 months
- —A Zurich court found the developer guilty of creating code for three ransomware families
- —The network attacked more than 1,800 victims in 71 countries, causing damage in the hundreds of millions of francs
- —The 2020 attack on Stadler Rail included a $12.3 million ransom demand
- —The sentence includes a 10-year ban on entering Switzerland and can be appealed
Why it matters: The case shows that malware developers face criminal liability on par with the organizers of attacks, increasing pressure on crypto ransomware operators.
Source: DiarioBitcoin