Ryuk ransomware member sentenced to 24 months in prison

Armenian national Karen Serobovich Vardanyan was sentenced to 24 months in prison and three years of supervised release for hacking U.S. companies and encrypting their systems in Ryuk ransomware attacks between 2019 and 2020. One Michigan victim paid 200 BTC (over $1.1 million), while the group collected roughly 1,610 bitcoins in ransoms.

• Vardanyan sentenced to 24 months in prison and 3 years of supervised release
• One Michigan victim paid 200 BTC, worth over $1.1 million at the time
• The group received about 1,610 BTC in ransoms, valued at over $15 million
• Ryuk operated from 2018 to 2020, targeting healthcare during COVID-19