REvil Hackers Caught: GOAT Surges to $900M Cap

Four members of the REvil ransomware group have been sentenced in Russia for hacking and money laundering, marking a significant development in the fight against cybercrime. Artem Zaets, Alexei Malozemov, Daniil Puzyrevsky, and Ruslan Khansvyarov were found guilty of illegal payment handling, with Puzyrevsky and Khansvyarov also convicted of using and distributing malware. The St. Petersburg Garrison Military Court delivered the verdict, with Zayets and Malozemov receiving 4.5 and 5 years, while Khansvyarov and Puzyrevsky were sentenced to 5.5 and 6 years in a general regime penal colony.

In a related case, Ukrainian national Yaroslav Vasinskyi, a member of the REvil ransomware gang, was sentenced to more than 13 years in prison for conducting numerous ransomware attacks and extorting victims. Vasinskyi, also known as Rabotnik, was involved in carrying out over 2,500 ransomware attacks and demanding more than $700 million in ransom payments. He was charged by the US Department of Justice for orchestrating ransomware attacks, including the infamous incident on the Kaseya MSP platform in July 2021.

Switching gears to the cryptocurrency world, Goatseus Maximus (GOAT), a new meme coin, has seen an explosive rise in market capitalization, growing from virtually zero to over $900 million in just two weeks. The surge of GOAT has drawn comparisons to last year's memecoin sensation, PEPE, with analysts and investors closely watching its trajectory. The community is buzzing with excitement, speculating on whether GOAT has the potential to become a dominant player in the meme coin space this market cycle.

Crypto analyst Daan highlighted the similarities between GOAT's rise and PEPE's trajectory, noting that PEPE reached a market cap of $1.4 billion within 22 days of launch. While GOAT's current standing is comparable to PEPE's initial growth, the market remains speculative about its long-term prospects. As GOAT continues to gain traction, its price action and market dynamics will determine whether it can establish itself as a lasting player in the meme coin sector.

As GOAT's market cap climbs and interest grows, investors are monitoring key price levels and demand zones to gauge its potential for sustained growth. The token's price movements, technical analysis, and comparisons to past memecoins offer insights into its evolving position in the crypto market. With GOAT's rapid ascent and the community's growing interest, the coming days will reveal whether it can maintain its momentum and carve out a unique legacy in the meme coin space.

Links to the stories discussed: - Four REvil Ransomware members sentenced for hacking and money laundering - GOAT Outpaces PEPE Growing To $900M Market Cap In 2 Weeks – Details