The Russia-based bulletproof hosting service provider Zservers has been sanctioned for its alleged link to the LockBit cryptocurrency ransomware group.
Authorities from Australia, the US, and the UK have frozen assets and implemented travel bans on individuals associated with Zservers and its affiliate company, XHOST Internet Solutions LP.
Over 200 crypto accounts allegedly owned by the group have been frozen, cutting off their source of funding and profits.
LockBit is a Russian group known for its dangerous ransomware attacks, and Zservers has been accused of enabling criminal activity through its bulletproof hosting services.