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Feds Suspect Ransom Negotiator Ran ShinyHunters Extortion Site
Matched: cryptocurrency
U.S. federal investigators suspect executives at two ransomware negotiation firms had unusually close ties to ShinyHunters, with one American executive allegedly helping operate the group's extortion website. Canadian cybersecurity executive Edward Dubrovsky was arrested and charged with extortion-related offenses. Investigators also identified potential links between ShinyHunters and Daniel Tobok, connected to the alias "Ghostbyte." The case highlights conflicts of interest in ransomware negotiation, where firms charging percentage-based fees may be incentivized to facilitate rather than resist payments.