British police have arrested a teenage member of the Scattered Spider hacker group suspected of extorting over $115 million

ChainCatcher news, according to Cryptopolitan, British police have arrested a teenager linked to the Scattered Spider hacking group. The group is accused of extorting over $115 million in ransom from more than 100 organizations. The arrested 19-year-old suspect, Thalha Jubair, is suspected of being involved in approximately 120 cyber intrusion incidents.

According to court documents, the group has carried out multiple ransomware attacks from May 2022 to the present, with five victim companies paying around $89.5 million in ransom. The FBI has stated that it has seized $36 million in digital assets from a server wallet controlled by Jubair. Investigations revealed that Jubair exposed his whereabouts by using the ransom proceeds to purchase game gift cards and takeout food. The group previously committed crimes through SIM card theft and social engineering attacks, with victims including several major institutions, including the U.S. federal court system.