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U.S., EU, and UK Sanction Russian Cybercriminal Stern Over $300M Trickbot Ransomware Operations

2026-07-14 15:51:53

According to ChainCatcher, the U.S., EU, and UK jointly imposed sanctions on Russian cybercriminal Vitaly Nikolayevich Kovalev, alias "Stern," identified as a core administrator of the Trickbot Group ransomware operation. Chain analysis revealed that wallet addresses linked to Stern received over $300 million in ransom payments, potentially making him the largest-scale ransomware operator identified to date. Stern held a CEO-like role within Trickbot, overseeing budget management, personnel recruitment, infrastructure procurement, and attack planning. The operation managed multiple ransomware variants including Conti, Ryuk, Diavol, Karakurt, Royal, and Quantum.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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