Feds Say Ransomware Expert’s Miracle Cure Was Just Paying the Hackers

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Gizmodo
Feds Say Ransomware Expert’s Miracle Cure Was Just Paying the HackersWorldPing
Image via Gizmodo.

What happened

An indictment says Zohar Pinhasi's MonsterCloud billed ransomware victims millions for a decryptor it did not have, then paid the attackers a fraction of that fee.

Key facts

  • An indictment says Zohar Pinhasi's MonsterCloud billed ransomware victims millions for a decryptor it did not have, then paid the attackers a fraction of that fee.
  • Reported by Gizmodo and published Fri, 09 Oct 2026 18:10:05 UTC.

Why it matters

Platform, chip and AI decisions set the terms other companies have to build on, so a single announcement here tends to ripple through products, supply chains and regulation.

What to watch next

  • Availability, pricing and rollout regions
  • Independent testing or verification of the claims made
  • Responses from regulators and competing platforms

Sources

The original report was published by Gizmodo. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Gizmodo

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