November 21, 2024 at 01:56PM The Department of Justice has charged five members of the hacking group “Scattered Spider” with various crimes related to cyberattacks on companies like MGM Resorts and Caesar’s Palace. Allegations include phishing and stealing sensitive data, cryptocurrencies, and identity information. They face significant prison sentences if convicted. ### Meeting Takeaways: 1. … Read more
October 7, 2024 at 08:30PM The US government filed two lawsuits to recover over $2.67 million stolen by North Korea’s Lazarus Group. The first lawsuit stems from the 2022 Deribit hack, where about $28 million was drained and $1.7 million worth of Tether was recovered. The second lawsuit involves the alleged theft of $41 million … Read more
October 6, 2024 at 11:50AM Evan Frederick Light from Indiana pleaded guilty to stealing $37.7 million worth of cryptocurrency from 571 victims in a 2022 cyberattack. He stole the funds by exploiting vulnerabilities in an investment company’s servers and used various means to conceal the trace of the assets. The FBI tracked and arrested Light, … Read more
March 25, 2024 at 05:26PM The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Bitpapa and Crypto Explorer for dealing with OFAC-designated Russian entities, Hydra Market and banks. The move aims to disrupt Russian attempts to evade sanctions. The sanctions freeze assets and prohibit transactions involving the designated entities, posing risks to engaging parties. … Read more
November 30, 2023 at 12:42PM The US government has seized Sinbad.io, a crypto mixer used by North Korea’s Lazarus Group to launder money from cyber heists. The sanction requires US persons to block and report any Sinbad property and prohibits dealings with the service. Lazarus has stolen over $2 billion in digital assets, continuing its … Read more
November 30, 2023 at 01:48AM The U.S. Treasury has sanctioned Sinbad, a crypto mixer used by North Korea’s Lazarus Group for money laundering. Sinbad has processed stolen virtual currency from major heists and is linked to various criminal activities. Blockchain analysis suggests connections between Sinbad and the also-sanctioned Blender mixer. **Clear Takeaways from Meeting Notes … Read more
November 6, 2023 at 11:20AM Ekaterina Zhdanova, a Russian woman, has been added to the US Treasury’s Specially Designated Nationals And Blocked Persons list for her alleged involvement in money laundering activities on behalf of oligarchs and ransomware criminals. She is accused of moving funds for the Ryuk ransomware operation and helping wealthy individuals hide … Read more
November 6, 2023 at 09:00AM The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Ekaterina Zhdanova, a Russian national involved in money laundering for ransomware affiliates and Russian elites. Zhdanova used various methods, including virtual currency exchange transfers, fraudulent accounts and purchases, and connections to international money launderers. … Read more
November 6, 2023 at 01:12AM The U.S. Department of the Treasury has imposed sanctions against Ekaterina Zhdanova, a Russian woman involved in laundering virtual currency for Russian elites and cybercriminal groups, including the Ryuk ransomware group. Zhdanova facilitated cross-border transactions to help Russian individuals access Western financial markets and evade international sanctions. She utilized entities … Read more
October 20, 2023 at 05:03AM The U.S. government has seized 17 website domains used by North Korean IT workers who engaged in fraudulent activities, evaded sanctions, and funded the country’s ballistic missile program. The Department of Justice confiscated $1.5 million of revenue collected by these workers. The workers primarily reside in China and Russia, deceiving … Read more