US Edition
Justice Department Seizes $10 Million From Ransomware Conspirator
Martino admitted feeding victims’ insurance limits and negotiation details to BlackCat operators and helping deploy ransomware in five attacks, prosecutors said.
- On Monday, former DigitalMint ransomware negotiator Angelo Martino pleaded guilty to extortion for conspiring with BlackCat affiliates to target five U.S. companies he was hired to defend.
- Martino betrayed clients by feeding confidential negotiation strategies and insurance policy limits to BlackCat operators, maximizing ransom payments for himself and his co-conspirators.
- Working alongside Kevin Tyler Martin and Ryan Clifford Goldberg, Martino extorted more than $16 million from five U.S. organizations. Authorities seized $10 million in assets, including a luxury fishing boat and two Florida properties.
- DigitalMint immediately terminated both employees after the Justice Department informed the company of its investigation. Martino faces up to 20 years in prison, with sentencing scheduled for July 9.
- Assistant Attorney General A. Tysen Duva described the case as an "extreme, albeit rare, example" of ransomware negotiation risks, while the FBI continues dismantling the ecosystem by apprehending key facilitators.
12 Articles
12 Articles
Former DigitalMint ransomware negotiator pleads guilty to extortion scheme
A South Florida man pleaded guilty to conspiring with multiple ransomware affiliates to commit attacks against and extort payments from the same U.S. companies he represented as a ransomware negotiator for DigitalMint in 2023, the Justice Department said Monday. Angelo John Martino III shared confidential information about victim organizations’ internal negotiating positions and insurance policy limits he gained from his work as a ransomware neg…
Third ransomware pro pleads guilty to cybercrime U-turn
Plus: Court papers reveal nonprofit paid a ransom worth nearly $26.8 million The third of three former ransomware negotiators accused of assisting the ALPHV/BlackCat ransomware gang in extorting US businesses has pleaded guilty, months after his two co-workers did the same.…
Ransomware negotiator caught secretly assisting BlackCat extortion scheme
Angelo Martino pleaded guilty to helping BlackCat ransomware group while acting as a ransomware negotiator. Another U.S. cybersecurity expert, Angelo Martino, admitted helping the BlackCat ransomware group while working as a ransomware negotiator. Angelo Martino (41) admitted helping the BlackCat ransomware group while working for a U.S. incident response firm. “A Florida man, formerly employed […] This article has been indexed from Security Af…
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