Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US
A Russian nationwide accused of processing cryptocurrency funds from ransomware assaults has pleaded responsible to cash laundering within the United States. The man who was...
Hive Ransomware Network Dismantled by American, European Law Enforcement
Law enforcement authorities from over a dozen international locations in Europe and North America have taken half in disrupting the actions of the Hive ransomware...
Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports
While the variety of ransomware hits could not have decreased considerably, the income from such assaults has fallen sharply final yr, in keeping with Chainalysis....
US ‘Kidnapped’ Russian Crypto Businessman Denis Dubnikov, Lawyer Says
U.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told...
US Senator Launches Investigation Into ‘How Cryptocurrencies Facilitate Cybercrimes’
A U.S. senator has launched an investigation into the rise of ransomware attacks as well as how cryptocurrencies facilitate cybercrimes. “The investigation will also look...
Joe Biden Directs US Intelligence to Investigate Ransomware Attack Against Florida IT Firm
Joe Biden wants to crackdown on ransomware according to statements he made on Friday, after hackers hijacked software from a Miami-based IT supplier called Kaseya....
FinCEN Names Misuse of Cryptocurrencies a National Priority
The Financial Crimes Enforcement Network (FinCEN) has named “cybercrime, including relevant cybersecurity and virtual currency considerations” a national priority. In particular, the Treasury is concerned...
Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns...
G7 Leaders Ask Russia to Urgently Identify Those Who Abuse Cryptocurrency in Ransomware Attacks
The G7 leaders have called on Russia to urgently “identify, disrupt, and hold to account” ransomware hackers and those abusing cryptocurrency to launder ransoms. “We...
US Senators Call for Increased Measures to Regulate and Trace Cryptocurrencies
Two U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency transactions, in order to combat ransomware attacks. “We...