[FORECAST UPDATED] After LockBit and BlackCat, Is Cl0p Really Next in Line?
LockBit got Cronos’d. BlackCat caught a DOJ wrench to the teeth. Cl0p is still hanging around the enterprise software aisle like it owns the place. So… is it really next, or are we just recycling takedown fan fiction?
This is an updated forecast from Nov 2025..
Forecasts aren't very useful, unless they're updated.
TL;DR
Question
By 31 December 2026, will a major law-enforcement coalition publicly announce an operation that results in sustained disruption of Cl0p’s core infrastructure — such as seizure of primary leak sites or key command infrastructure for ≥90 consecutive days, or public charges/arrests that CTI vendors assess as materially degrading Cl0p operations?
Strategic Overview
I assign a 26% chance that a major U.S./EU-style coalition will publicly achieve a market-qualifying disruption of Cl0p by end-2026. The strongest case for yes is that coalition ransomware operations remain viable and Cl0p remains a high-value target. The strongest case for no is that public reporting still shows recent Cl0p activity, while the market requires a very demanding 90-day/material-degradation threshold. The key hinge is whether law enforcement reaches backend infrastructure or core operators, not just public branding or affiliates.
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Forecast Card
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Question: By 31 December 2026, will a major law-enforcement coalition publicly announce an operation that results in sustained disruption of Cl0p’s core infrastructure — such as seizure of primary leak sites or key command infrastructure for ≥90 consecutive days, or public charges/arrests that CTI vendors assess as materially degrading Cl0p operations?
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Resolution Criteria: YES if, by 2026-12-31 23:59:59 ET, all of the following are met:
1) Coalition requirement
- At least two of the following must be formally associated with the same named operation in public releases:
- U.S. agencies: DOJ, FBI, Secret Service, or CISA
- EU-level bodies: Europol and/or Eurojust
- National LE/judicial bodies of EU member states or Five Eyes states, e.g. NCA/UK, BKA/DE, French Gendarmerie or JUNALCO/FR, RCMP/CA, AFP/AU, New Zealand Police
- A single-country operation does not qualify.
2) Target identification
- Public material must either:
- explicitly name “Cl0p/Clop”; or
- name a rebrand that at least two recognized CTI sources explicitly attribute in writing to Cl0p’s core operators.
3) Path A — Infrastructure seizure/takedown
- LE publicly claims seizure or control of one or more primary Cl0p leak/extortion sites or core admin/command infrastructure.
- Primary leak/extortion site = any Tor/clearweb site that:
- has listed ≥20 distinct Cl0p victims in total, and
- has been tracked as Cl0p by Ransomware.live or ecrime.ch.
- Core admin/command infrastructure = infrastructure publicly described by LE as backend/admin, negotiation, panel, repository, or command infrastructure used to run Cl0p operations.
- Those assets must either:
- display an LE seizure banner, or
- remain consistently unreachable/non-resolving
- and that condition must hold for ≥90 consecutive days after the announcement, confirmed by at least two of: Ransomware.live, ecrime.ch, S-RM, Halcyon.
4) Path B — Arrests/charges with material degradation
- LE announces arrests and/or charges tied to core Cl0p operators/admins (not merely mules, cash-out actors, or generic affiliates),
- within 30 days, at least two recognized CTI sources assess the operation as a major/significant/material blow to Cl0p,
- and Cl0p activity drops materially:
- baseline = mean monthly count of distinct Cl0p victims posted on any Cl0p-attributed leak site during the six full calendar months before the announcement,
- for the three full calendar months after the announcement month, the mean monthly victim count is ≤20% of baseline.
Recognized CTI sources
- Google Threat Intelligence / Mandiant
- Microsoft Threat Intelligence
- CrowdStrike
- Recorded Future
- Secureworks
- SentinelOne
- Trend Micro
- Sophos
- Emsisoft
- Kaspersky
- Check Point
- Trellix
- Halcyon
- S-RM
- Chainalysis
- Coveware
- ecrime.ch
- Ransomware.live
NO otherwise.
- At least two of the following must be formally associated with the same named operation in public releases:
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Horizon: 31 December 2026
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Probability (Now): 26% | Log-odds: -1.05
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Confidence in Inputs: Medium
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Base Rate: 27% from recent prominent ransomware ecosystems facing multinational disruption; coalition actions are real but still apply to only a minority of major brands (Europol Cronos, Europol Phobos/8Base).
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