Bitcoin Ransomware Creator Sentenced

2018-7-27 00:57

The developers behind the CoinVault and BitCryptor ransomware were sentenced to 240 hours of community service in a Dutch court on Thursday.
Melvin and Dennis van de B., aged 25 and 21, were convicted of accusing 1,259 computers in the Netherlands and other Western European countries with the ransomware and demanding bitcoin payments as a ransom to fix the computers.
The two reportedly made roughly 10,000 euros each between 2014 and 2015, Dutch website NU.nl reported.
CoinVault would cut off victims’ access to files on their computers and demand 1 bitcoin as a ransom – equivalent to several hundred euros at that time.
Kaspersky also issued around 14,000 decryption keys for the victims of the attack, as previously reported by CoinDesk.

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