Zohar Pinhasi, 50, also known as “Zack Silver” and “Zack Green,” a U.S. and Israeli national, was arraigned today in the Eastern District of New York on wire fraud charges relating to Pinhasi’s false representations that he could decrypt ransomware without paying cybercriminals. Pinhasi claimed to prospective clients that his company, MonsterCloud, offered a principled alternative to paying off ransomware attackers.“The defendant is charged with offering an alternative to ransom payments, but instead is alleged to have victimized the victim again and committed additional fraud, harming the victim again,” said Assistant Attorney General A. Tysen Duva of the Justice
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