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Ukrainian software developer faces 12 years in Swiss ransomware trial
Swiss prosecutors seek a 12-year sentence for a Ukrainian developer accused in LockerGoga, MegaCortex and Nefilim ransomware attacks causing roughly $160 million in losses.
A 52-year-old Ukrainian software developer went on trial at Zurich District Court over alleged involvement in ransomware attacks using LockerGoga, MegaCortex and Nefilim, with victims including Stadler Rail, Crealogix and Meier Tobler. Prosecutors allege he participated in attacks on 10 companies between December 2018 and May 2020, causing more than 130 million Swiss francs (~$160 million) in losses, and seek a 12-year sentence plus 1.8 million Swiss francs in proceeds. He denies developing malware, and his defense challenges digital evidence handling. The case ties to Oleksandr Ieremenko, who allegedly directed the attacks, was said to have FSB protection, and died falling from a Moscow window in 2022.
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Meta to Pay Up to $18B Over Teen Social Media Use
Meta agreed to pay up to $18 billion and cap teen Facebook and Instagram use at two hours daily, settling child-safety lawsuits from most US states.
Meta settled claims that it deliberately designed Facebook and Instagram to addict children, ending a federal trial as Instagram head Adam Mosseri began testifying and Mark Zuckerberg was expected to testify. Of roughly $16.7 billion for 47 states and territories, $12.7 billion is guaranteed and $5 billion is contingent on Snapchat, TikTok and YouTube adopting similar teen protections. The deal also resolved state privacy claims tied to Cambridge Analytica for an additional $459 million, while New Mexico (a $567 million ruling) and Florida opted out of the settlement.
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