Former DigitalMint Negotiator Pleads Guilty to Conspiring With BlackCat Affiliates

· Original article ↗

Summary

Angelo Martino pleaded guilty to conspiring with BlackCat/ALPHV affiliates while working as a DigitalMint ransomware negotiator, sharing clients’ confidential negotiating and insurance information. Prosecutors said the scheme helped extort $75.3 million.

Key points

  • Martino admitted conspiring with BlackCat/ALPHV affiliates while working as a ransomware negotiator for DigitalMint in 2023.
  • He shared clients’ confidential negotiating positions and insurance limits to help attackers maximize ransom demands.
  • Five companies that hired DigitalMint paid ransoms; prosecutors said the payments included nearly $26.8 million from a nonprofit and nearly $25.7 million from a financial services company.
  • Martino also admitted conspiring with former DigitalMint negotiator Kevin Tyler Martin and former Sygnia incident-response manager Ryan Clifford Goldberg to deploy BlackCat ransomware against five additional companies.
  • Martin and Goldberg also pleaded guilty, according to the article.
  • Authorities seized about $10 million in assets and cryptocurrency tied to Martino; he faces up to 20 years in prison, with sentencing scheduled for July 9.

Article Details

Event Type
Insider-assisted ransomware extortion conspiracy involving a ransomware negotiator who shared confidential victim negotiation and insurance information with BlackCat/ALPHV affiliates.
Impact
Five companies represented by Angelo John Martino III paid ransoms, and prosecutors said his conduct helped accomplices extort a combined $75.3 million. He also admitted conspiring with Kevin Tyler Martin and Ryan Clifford Goldberg to deploy BlackCat ransomware against five additional U.S. companies. Authorities seized about $10 million in assets and cryptocurrency tied to Martino's crimes. DigitalMint was not accused of knowledge of or involvement in the scheme.

MITRE ATT&CK

People

Threat Actors

Malware

Vendors

Countries

Industries

Related Articles