LockBit’s $1B Crypto Empire Crumbles: Hack Leaks 60K Bitcoin Keys!
LockBit’s ransomware site was hacked, leaking 59,975 Bitcoin addresses and keys. Will this cripple the gang or spark a crypto crime wave?
LockBit’s $1B Crypto Empire Crumbles: Hack Leaks 60K Bitcoin Keys!
On May 7, 2025, the notorious LockBit ransomware gang, responsible for extorting millions in Bitcoin, suffered a stunning blow. Hackers defaced its dark web affiliate panels, leaking a MySQL database with 59,975 Bitcoin addresses, private keys, 4,442 victim negotiation chats, and plaintext passwords like “Weekendlover69.” This breach, first spotted by threat actor Rey, exposes LockBit’s operations, potentially aiding law enforcement after the gang’s $1 billion in ransom payments since 2019.
What Happened?
LockBit, weakened by 2024’s Operation Cronos, which seized 34 servers and 1,000 decryption keys, faced another hit. The leak includes chat logs from December 2024 to April 29, 2025, and 75 affiliate profiles, revealing sloppy security. While LockBit’s operator, “LockBitSupp,” denied losing private keys, experts like Alon Gal suggest decryption keys may be included, offering victims relief. The attacker’s message, “Don’t do crime, crime is bad,” mocks the gang’s downfall.
LockBit, weakened by 2024’s Operation Cronos, which seized 34 servers and 1,000 decryption keys, faced another hit. The leak includes chat logs from December 2024 to April 29, 2025, and 75 affiliate profiles, revealing sloppy security. While LockBit’s operator, “LockBitSupp,” denied losing private keys, experts like Alon Gal suggest decryption keys may be included, offering victims relief. The attacker’s message, “Don’t do crime, crime is bad,” mocks the gang’s downfall.
Why It Matters
For crypto newcomers, this shows the risks of Bitcoin’s anonymity, often exploited by criminals. The leaked addresses could disrupt LockBit’s funds, but exposed wallets may tempt hackers, risking further crypto theft. Law enforcement could trace payments, potentially dismantling LockBit’s network. However, market fears of dumped Bitcoin may cause short-term price dips.
For crypto newcomers, this shows the risks of Bitcoin’s anonymity, often exploited by criminals. The leaked addresses could disrupt LockBit’s funds, but exposed wallets may tempt hackers, risking further crypto theft. Law enforcement could trace payments, potentially dismantling LockBit’s network. However, market fears of dumped Bitcoin may cause short-term price dips.
What’s Next?
LockBit’s reputation is battered, but the gang may regroup, as it did post-Cronos. Investors should watch Bitcoin’s price for volatility and avoid engaging with leaked keys, which could be illegal. This hack underscores crypto’s role in cybercrime and the need for robust security.
LockBit’s reputation is battered, but the gang may regroup, as it did post-Cronos. Investors should watch Bitcoin’s price for volatility and avoid engaging with leaked keys, which could be illegal. This hack underscores crypto’s role in cybercrime and the need for robust security.
Join the Discussion
Can LockBit recover, or is this the end? Comment below and follow trafy.io for more crypto news!
Can LockBit recover, or is this the end? Comment below and follow trafy.io for more crypto news!
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
