Authorities in Europe and the United States have taken decisive action against a major provider of bulletproof hosting services known as Lolek Hosted, often leveraged by cybercriminals to conduct various cyber-attacks worldwide.
On August 8, 2023, the takedown of LolekHosted.net was confirmed with the arrest of five key administrators and the seizure of all the servers, effectively shutting down the service. Europol highlighted that Lolek Hosted had been instrumental in deploying information-theft malware, initiating DDoS attacks, managing botnet servers, operating fake online stores, and distributing global spam.
Launched in 2014 with the domain 'LolekHosted.net,' the service boasted of being "bulletproof" with "100% privacy hosting," and permitted hosting of almost any content except child pornography. The company is also accused of facilitating around 50 NetWalker ransomware attacks, with its servers acting as conduits for unauthorized access to targets and storage for hacking tools and stolen data.
As the story of Lolek Hosted unfolds, highlighting the extensive networks and operations cybercriminals use, it underscores the immense importance of robust intelligence and monitoring tools in this digital age. Clain, a prominent crypto compliance provider, is at the forefront of this battle.
Possessing one of the industry's largest OSINT databases, Clain boasts over 300 Tb of data. Our extensive intelligence covers a vast spectrum of ransomware, illicit actors, and specifically, entities like Lolek Hosted. Our analysis has been able to attribute a revenue of at least 500K USD to Lolek Hosted, with clear links to ransomware and carding shops, corroborating the details highlighted by Law Enforcement Agencies.
One significant revelation from our research was the withdrawal and laundering of funds through regulated CEXs. Such activities could have been easily thwarted with Clain's advanced CRM product that offers real-time ongoing monitoring.
What sets Clain apart is our unmatched capability to retroactively re-examine all historical transactions with every new block mined. This gives our clients the most comprehensive coverage, ensuring that no suspicious activity flies under the radar.
As the crackdown on Lolek Hosted demonstrates, the fight against cybercrime requires vigilant, innovative, and state-of-the-art tools. Clain stands ready to provide them.