[Chorozon]

So here is some hard hitting news

Smelly from VX underground has received a interesting gift .. THE ENTIRE LOCKBIT 5.0 source code

After some contemplation on twitter he has decided to share it with security researchers to give them time to patch and upgrade AVs and then he will upload it to github


Idk who is going to be more moist about this wannabe threat actors or security researchers

All i know is lockbitsup whos net worth is in the BILLIONS and has already threatened smelly is going to be screaming сука blyat like he's on CSGO



Of course your thoughts and opinions are appreciated below

[MadScientist]

Likely both :-P He's out of prison or someone else running it now?

[Bastille]

Damn, I'm wondering who leaked the source code.

I'm also worried for Smelly, people making billions will probably not let this go like that ... They're not hackers, they're more criminals.

[Replace]

I don't understand how a ransomware dev crew can make billions and not get their wallets locked instead.

[▄︻デ══━一一一一━]

I don't understand how a ransomware dev crew can make billions and not get their wallets locked instead.

How can you lock a de centralized wallet? when you hold the keys?

[onlineuser | D3RFER]

Likely both :-P He's out of prison or someone else running it now?

He never went to prison.

[HALx86]

VXUnderground just updated their twitter to say that they don't think it's the real Lockbit 5 but instead an earlier build or a modified Babuk ransomware builder. If they can verify it's not the real builder, they'll release it for everyone.

Interested to see how this all plays out!

[MadScientist]

He never went to prison.

Really? According to the FBI / Interpol he/a developer was arrested, extradited to the US and charged with 4 years prison (surprisingly low, odd). Althout I suppose he could have just been a big player in their campaigns.

According to the superseding complaint, documents filed in this and related cases, and statements made in court, Panev acted as a developer of the LockBit ransomware group from its inception in or around 2019 through at least February 2024. During that time, Panev and his LockBit coconspirators grew LockBit into what was, at times, the most active and destructive ransomware group in the world. The LockBit group attacked more than 2,500 victims in at least 120 countries around the world, including 1,800 in the United States. Their victims ranged from individuals and small businesses to multinational corporations, including hospitals, schools, nonprofit organizations, critical infrastructure, and government and law-enforcement agencies. LockBit’s members extracted at least $500 million in ransom payments from their victims and caused billions of dollars in other losses, including lost revenue and costs from incident response and recovery.

https://www.justice.gov/usao-nj/pr/dual-...ransomware

[Replace]

How can you lock a de centralized wallet? when you hold the keys?

No I mean how FBI and other authorities are taking and seizing down the wallets.

[▄︻デ══━一一一一━]

No I mean how FBI and other authorities are taking and seizing down the wallets.

If authorities raid a person and seize their wallet, data, or devices, they may confiscate the physical items. However, because cryptocurrency records reside on a decentralized ledger, investigators can only monitor on-chain transactions and trace links to exchange accounts, they cannot move the funds without the private keys.

[RangoWorld]

If authorities raid a person and seize their wallet, data, or devices, they may confiscate the physical items. However, because cryptocurrency records reside on a decentralized ledger, investigators can only monitor on-chain transactions and trace links to exchange accounts, they cannot move the funds without the private keys.

This reminds me something. Can someone just remember a private key. Or form of it in BIP39 or any other form?

Will that be a good idea to not have private key anywhere in physical world but rather remembering it in your head?

Well I suppose you can argue what if the person loses memory or dies. I'm just thinking what's the best way to hide such a thing and keep it all secure.

[PremiumJoe]

This reminds me something. Can someone just remember a private key. Or form of it in BIP39 or any other form?

Will that be a good idea to not have private key anywhere in physical world but rather remembering it in your head?

Well I suppose you can argue what if the person loses memory or dies. I'm just thinking what's the best way to hide such a thing and keep it all secure.

I think a very good idea would be to write down the private key on paper, put the paper in a waterproof box and just bury the whole thing in the ground. Like pirates did with treasure chests in the old days.

[RiveR29]

I think a very good idea would be to write down the private key on paper, put the paper in a waterproof box and just bury the whole thing in the ground. Like pirates did with treasure chests in the old days.

Imma do this. And when the time comes my kids and grandkids will have a good old pirate hunt.

[▄︻デ══━一一一一━]

This reminds me something. Can someone just remember a private key. Or form of it in BIP39 or any other form?

Will that be a good idea to not have private key anywhere in physical world but rather remembering it in your head?

Well I suppose you can argue what if the person loses memory or dies. I'm just thinking what's the best way to hide such a thing and keep it all secure.

Seems like a good idea but risky.

[Scarecrow]

How can you lock a de centralized wallet? when you hold the keys?

You get forced to give it up by certain federal entities or, as many cyber criminals are, just fucking retarded and keep it on you at your time of arrest.

You gotta realize these people are paranoid 24/7, that life is very shitty, and they make sloppy mistakes.