https://www.bleepingcomputer.com/news/security/the-week-in-ransomware-may-6th-2022-an-evolving-landscape/

Ransomware operations continue to evolve, with new groups appearing and others quietly shutting down their operations or rebranding as new groups.

This was seen this week, with Advanced Intel CEO Vitali Kremez disclosing yesterday that the Conti brand, not the organization itself, was shutting down. However, this does not mean that the threat actors themselves are retiring.