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Aug 04 2025 German phone repair biz collapses following 2023 ransomware attack

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Founder miffed over prosecutors holding onto its Bitcoin The founder of a German mobile phone repair and insurance biz has begun insolvency proceedings for some operations in his company after struggling financially following a costly ransomware attack in 2023.... [...]

Posted by Connor Jones on Mon 04 August 2025 in The Register.

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