May 15, 2024 at 09:08AM Alexey Pertsev, a main developer of the Tornado Cash cryptocurrency tumbler, has been sentenced to 64 months in prison for his involvement in laundering over $2 billion worth of cryptocurrency. The platform, used by cybercriminals, was sanctioned by the US Department of Treasury. With the fate of the project uncertain, … Read more
March 5, 2024 at 01:15PM The U.S. Treasury’s Office of Foreign Assets Control has imposed sanctions on two individuals and five entities associated with the Intellexa Consortium for developing and distributing the Predator spyware, used to target Americans, including government officials and journalists. Sanctions freeze U.S.-based assets and transactions with them, signaling the U.S. government’s … Read more
December 1, 2023 at 03:48AM The U.S. Treasury sanctioned Kimsuky, a North Korea-linked cyber espionage group, and eight individuals for supporting DPRK’s WMD programs and evading sanctions. Kimsuky, active since 2012, targets governments and organizations mainly for intelligence relevant to North Korea’s interests and missile technology. **Takeaways from the Meeting:** 1. The U.S. Department of … Read more
November 30, 2023 at 05:18PM OFAC sanctioned the Kimsuky hacking group and eight North Korean agents for espionage and aiding DPRK’s WMD programs, responding to DPRK’s satellite launch. Kimsuky has expanded from South Korea to global targets, engaging in cyberattacks to support DPRK’s nuclear ambitions. Previous sanctions targeted DPRK groups for cyber theft funding the … Read more
November 6, 2023 at 12:26PM The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Russian national Ekaterina Zhdanova for laundering millions of cryptocurrency for ransomware actors and Russian oligarchs. Zhdanova utilized her knowledge of cryptocurrency and blockchain networks to evade anti-money laundering controls. She also facilitated the transfer of large … Read more