US Extradites Canadian for Ransomware After Officials Seize $28M in Cryptocurrency – CNET

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Canada has handed over a former government employee to US officials to face charges of digital extortion by ransomware. Canadian authorities also seized $28 million in cryptocurrencies.

Sebastien Vachon-Desjardins was brought from his home in Quebec, Canada, to appear in court Thursday in Tampa, Florida. The indictment alleges Vachon-Desjardins, 34, participated in the form of ransomware known as NetWalker to commit various cybercrimes of extortion in 2020, according to a US Department of Justice brief

While Vachon-Desjardins’ victims weren’t identified in the brief, the hacking collective under the NetWalker name was linked to millions of dollars in ransom schemes, including wresting $1.1 million from UC San Francisco’s School of Medicine and more from other academic institutions in 2020.

Read more:  A Timeline of the Biggest Ransomware Attacks 

It’s not clear how much money Vachon-Desjardins allegedly extorted from victims, but Canadian officers executing a search warrant of his home in Quebec seized 719 Bitcoin, currently valued at approximately $28,151,582, and $790,000 in Canadian currency, according to the Justice Department. The indictment alleges that $27 million was traceable to proceeds of his cybercrimes.

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