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Russian Hacker Jailed for Ransomware Attacks

Russian cybercriminal sentenced, third charged amid crackdown on ransomware network.

  • Russian access broker Aleksei Volkov was sentenced to 6.75 years in U.S. prison for enabling ransomware attacks causing over $9 million in losses.
  • U.S. prosecutors charged a third individual, Angelo Martino, for negotiating ransomware payments for the BlackCat gang.
  • Authorities seized nearly $9.2 million in cryptocurrency from Martino, demonstrating a crackdown on the ransomware financial ecosystem.

A 26-year-old Russian citizen, Aleksei Olegovich Volkov, was sentenced to nearly seven years in a U.S. prison on March 24, 2026, for providing criminal groups with access to corporate networks. The U.S. Department of Justice stated his actions enabled dozens of ransomware attacks, resulting in over $9 million in actual losses.

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Volkov acted as an initial access broker, exploiting network vulnerabilities to gain unauthorized entry. He then sold this access to ransomware crews like Yanluowang, according to the DoJ.

Consequently, his co-conspirators deployed malware that encrypted victim data and halted business operations. The criminals demanded ransoms, sometimes in the tens of millions, to be paid in cryptocurrency for decryption keys and secrecy.

For his role, Volkov received a share of every ransom payment successfully extorted. He pleaded guilty in November 2025 and has agreed to pay full restitution to his victims.

Meanwhile, U.S. prosecutors have charged a third individual for working with the BlackCat ransomware gang. The 41-year-old, Angelo Martino, acted as a negotiator to extort higher payments from victims.

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Authorities confiscated approximately $9.2 million in cryptocurrency from Martino’s wallets and seized luxury assets. DigitalMint stated his actions violated company policy, leading to his termination.

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