In a significant crackdown on cybercrime, international law enforcement agencies, including the FBI, Europol, and Japan's Police Agency, have successfully disrupted the operations of LockBit, the world's most prolific ransomware gang. The coordinated operation resulted in the seizure of 28 servers, the arrest of two suspects in Ternopil Oblast, Ukraine, and the acquisition of 1,000 decryption keys. Additionally, the U.S. government sanctioned 10 crypto addresses linked to LockBit and offered a reward of up to $15 million for information leading to the identification or location of the gang's leaders. Despite these efforts, experts caution that LockBit, known for its Russia-linked activities and for stealing more than $120 million from entities like Boeing and the UK's Royal Mail, remains a threat. The operation also uncovered LockBit's attempts to develop a new file encryptor, dubbed LockBit-NG-Dev, though it was thwarted before completion.