Wire · founder news, decoded · regulatory
US charges Russian 'bulletproof' web hosts over cyberattacks that netted $62M from ...
The US has unsealed a 2024 indictment charging three Russian nationals and their two web hosting companies (Media Land and ML.Cloud) with providing infrastructure to ransomware gangs including LockBit, BlackSuit, and Play, resulting in $62M in damages to US businesses.
This Wire brief sits within Fusion42's coverage of Cybersecurity. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.
The Wire takeaway
If you're building security tools to hunt ransomware gangs or their infrastructure, the US just proved it will indict and sanction the hosters who knowingly rent to them. That removes plausible deniability from the hosting supply chain and forces you to choose: either you're part of the solution or you're exposed.
Read the full story at techcrunch.com →
Topics: Cybersecurity · bulletproof-hosting · ransomware-infrastructure · sanctions-enforcement · us-russia-cyber · lockbit-blacksuit