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Arctic Wolf to acquire BlackBerry’s Cylance assets for $160 million
Security software provider Arctic Wolf has entered into a definitive agreement to acquire BlackBerry’s Cylance endpoint security assets for $160 million. Subject to customary closing conditions, the deal is expected to close in BlackBerry’s fourth fiscal quarter and will see the firm receive approximately $80 million in cash upon closure of the deal, with around $40 million to follow one…
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An Ohio man guilty of Bitcoin laundering must forfeit over $400 million in assets
An Ohio man named Larry Dean Harmon will serve three years in prison and forfeit more than $400 million worth of cryptocurrency and other assets, the Department of Justice announced on Friday. Harmon was indicted in 2020 on money laundering conspiracy charges related to Helix, a darkweb cryptocurrency “mixer” service he ran. Also known as crypto “tumbling,” services like Helix…
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