"Martino provided BlackCat attackers with confidential information about the negotiating position and strategy of his company's clients without the clients' or his employer's knowledge or permission, maximizing the ransoms they were required to pay."
"In one case, the defendants successfully extorted one victim for approximately $1.2 million in Bitcoin, and then split the illicit proceeds among themselves and laundered the funds through various means."
"Authorities seized $10 million of assets from Martino, including digital currency, vehicles, a food truck, and a luxury fishing boat."
Angelo Martino, a ransomware negotiator, pleaded guilty to assisting the BlackCat ransomware gang in extorting U.S. companies. He provided confidential information about victims' negotiation strategies and insurance limits, which increased ransom amounts. Martino collaborated with two other responders to deploy ransomware and extorted one victim for $1.2 million in Bitcoin. Authorities seized $10 million in assets from him. He faces a maximum of 20 years in prison, with sentencing scheduled for July 9, 2026.
Read at The Hacker News
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