Wu said that according to Cryptonews, law enforcement agencies in Phuket, Thailand detained four Russian citizens on Monday on suspicion of carrying out cryptocurrency ransomware attacks. These suspects are members of the 8Base organization who used Phobos ransomware to attack 17 Swiss companies between April 2023 and October 2024. The suspect is accused of hacking into the networks of multiple European companies, encrypting data, and demanding payment for decryption fees in cryptocurrency. In addition, the suspect is also related to approximately 1000 victims worldwide, with a total of about $16 million worth of Bitcoin stolen. The 8Base organization has been identified as a key participant in the encrypted ransomware ecosystem. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=37829