#BitcoinFog

LockBit Ransomware Hacker Ordered to Pay $860,000 After Guilty Plea in Canada

by

March 14, 2024 at 10:51AM A 34-year-old Russian-Canadian, Mikhail Vasiliev, received a nearly four-year jail sentence in Canada for his involvement in the LockBit ransomware operation. He pleaded guilty to cyber extortion, mischief, and weapons charges. Vasiliev, described as a “cyber-terrorist,” sought ransom payments from Canadian companies and has been ordered to pay back over … Read more

Bitcoin Fog mixer operator convicted for laundering $400 million

by

March 13, 2024 at 08:59AM Roman Sterlingov, a Russian-Swedish national, was convicted for operating Bitcoin Fog, a prominent cryptocurrency “tumbler” used by cybercriminals to launder illicit proceeds. The service allowed users to obfuscate the origin of their digital possessions, laundering approximately $400 million linked to various crimes. Sterlingov faces a maximum penalty of 20 years … Read more

By proceeding you understand and give your consent that your IP address and browser information might be processed by the security plugins installed on this site.
×