Wannacry Ransomware Hero Marcus Hutchins Set To Get Bail
Marcus Hutchins, the malware analyst who helped stop global Wannacry attack has reportedly pleaded not guilty to charges of creating and distributing the infamous Kronos banking malware and is set to release on $30,000 bail on Monday.
Hutchins, the 23-year-old who operates under the alias MalwareTech on Twitter, stormed to fame and hailed as a hero over two months ago when he stopped a global epidemic of the WannaCry ransomware attack by finding a kill switch in the malware code.
Kronos is a Banking Trojan designed to steal banking credentials and personal information from victims’ computers, which was sold for $7,000 on Russian online forums.
In a police interview, Hutchins admitted of writing the code of malware that targeted bank accounts, US prosecutors said during a hearing on Friday, but during the hearing at a Las Vegas court, he pleaded not guilty.
The judge at Las Vegas court ruled on Friday that Hutchins could be released on $30,000 bail, saying the defendant wasn’t a danger to the community nor a flight risk, though the judge ordered him to remain in the U.S. with GPS monitoring.
Hutchins was also charged with five other counts, including wiretapping and violating Computer Fraud and Abuse Act.
If convicted, Hutchins faces a maximum of 40 years in jail.
Hutchins’ supporters believe that he is innocent and claims a tweet from July 2014 proves he could not have written the malware. In the tweet, Hutchins was himself asking for a Kronos sample.