LockBit Hacker Sentenced To 4 Years Jail Plus Fined $860K

The report outlines the sentencing of LockBit affiliate Mikhail Vasiliev in Canada to nearly four years in prison and more than $860k in restitution after pleading guilty to cyber extortion and related offenses, citing evidence such as victim lists, chats with “LockBitSupp,” and deployment notes. It places the case in the broader context of intensified law-enforcement pressure, including a coordinated February 2024 takedown of LockBit’s infrastructure and related arrests, and briefly references the conviction of Bitcoin Fog’s operator for money laundering.