Thursday, March 28, 2024
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Russia-linked crypto ransomware hits U.S. arm of Chinese lender

A Russian-speaking crypto ransomware gang LockBit has attacked ICBCFS arm in the U.S. Cryptocurrency ransomware gang LockBit has attacked the U.S. arm of the Industrial and Commercial Bank of China Financial Services (ICBCFS). Currently, it prevents the bank from settling Treasury trades, the Financial Times (FT) reports, citing market participants. Although details

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US DOJ to double its crypto team, target ransomware crimes

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Department of Justice (DOJ) promises to significantly increase the pool of available prosecutors to probe into illicit activities tied to cryptocurrencies. Department of Justice representative Nicole Argentieri announced that the National Cryptocurrency Enforcement Team (NCET)

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Push to ban ransomware payments following Australia’s biggest cyberattack

The Australian government is being pushed to ban the payment of cyber ransoms, usually demanded in cryptocurrency, following a local business suffering a mass data breach and subsequent ransom demand.Australian consumer lender Latitude Financial first announced on March 16 that it was hit by a cyberattack and provided an update

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Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, Report – Bitcoin News

Russian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “first crypto war.” Ransomware actors and high-risk crypto exchanges have also remained active. Underground Russian Crypto Platforms Adapting to Disruptions

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Crypto Theft Rose in 2022 as Scams, Ransomware Bounty Fell: Chainalysis

The report looks into a particular case of one ransomware strain, Deadbolt, which was active in 2022. Unlike the most infamous ransomware groups like Conti, attacking large organizations for big ransoms, Deadbolt operators chose to target small businesses and individuals and over 2022, received over $2.3 million from around 4,923

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Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US – Bitcoin News

A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in mid-August, last year, will be sentenced in April. Russian Crypto Launderer Pleads Guilty in US Court, May Get Up to 20

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Alleged Crypto Money Launderer Tied to Ransomware Attacks Pleads Guilty to Conspiracy Charge

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a

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