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Hacker pleads guilty to SIM swap attack on US SEC X account
Today, an Alabama man pleaded guilty to hijacking the U.S. Securities and Exchange Commission (SEC) account on X in a January 2024 SIM swapping attack. This comes after the defendant, 25-year-old Eric Council Jr., first pleaded not guilty to hacking the account and enabling his co-conspirators to make a fake announcement that Bitcoin ETFs were approved. “Today the SEC grants approval to…
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Hacker pleads guilty of taking over SEC’s X account to post fake Bitcoin news
Hacker Eric Council Jr. pleaded guilty Monday to charges of conspiracy to commit aggravated identity theft and access device fraud after he took over the SEC’s X account in January 2024. Once Council gained access to the account, his unnamed co-conspirators posted a doctored image, message, and fake quote by then SEC Chairman Gary Gensler saying Bitcoin Exchange Traded Funds…
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The drone pilot who took out an LA firefighting plane pleads guilty to escape jail
While the Firefighting Aircraft was conducting its firefighting missions, defendant drove to the area near the Third Street Promenade in Santa Monica, California, and parked his vehicle on the top floor of a parking structure. Defendant launched the Drone and flew it toward the Pacific Palisades to observe damage caused by the Palisades Fire. At the time, the Federal Aviation…
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KuCoin to pay nearly $300 million in penalties after guilty plea
KuCoin’s operator, PEKEN Global Limited, pleaded guilty to operating an unlicensed money-transmitting business and agreed to pay $297 million in penalties to settle charges in the U.S. The cryptocurrency exchange was charged in March 2024 for its failure to implement the required anti-money laundering (AML) requirements, allowing cybercriminals to use the platform to launder their proceeds. According to the U.S.…
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Making Weird Genmoji Is My Guilty Pleasure, Here Are My Strangest Creations
Summary Genmoji is Apple’s generative image AI program for creating emojis, which can result in both delightful surprises and horrifying oddities. Genmoji sometimes gets it right, sometimes misses the mark, and occasionally creates disconcerting emojis that nobody would want. For best results, experiment with your descriptions, peruse all of the results, try iterating on existing emoji, and keep your prompts…
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Raccoon Stealer malware operator gets 5 years in prison after guilty plea
Ukrainian national Mark Sokolovsky was sentenced today to five years in prison for his involvement in the Raccoon Stealer malware cybercrime operation. According to unsealed court documents, Sokolovsky (also known as raccoon-stealer, Photix, and black21jack77777) and his conspirators rented the malware to other threat actors under a MaaS (malware-as-a-service) model for $75 per week or $200 monthly. After infecting a…
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Nebraska Man pleads guilty to $3.5 million cryptojacking scheme
A Nebraska man pleaded guilty on Thursday to operating a large-scale cryptojacking operation after being arrested and charged in April. Charles O. Parks III (also known as “CP3O”) admitted that he didn’t pay a $3.5 million bill after renting cloud computing time from two providers to mine approximately $970,000 worth of cryptocurrency. Even though the Justice Department didn’t name the…
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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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Man pleads guilty to stealing $37 million in crypto from 571 victims
A 21-year-old man from Indiana named Evan Frederick Light pleaded guilty to stealing $37,704,560 worth of cryptocurrency from 571 victims in a 2022 cyberattack. According to an announcement by the U.S. Department of Justice, Light stole the cryptocurrency from an unnamed investment holdings company based in Sioux Falls, South Dakota. In a Statement of Fact obtained by BleepingComputer, Light says…
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UK watchdog finds Google provisionally guilty of restricting online ad competition – Computerworld
“Self-preferencing” limits competition As the CMA explains it, digital advertising has various intermediaries that facilitate the sale of online advertising space on websites or mobile apps between two key parties: sellers, aka publishers, and buyers, aka advertisers. Google acts as an intermediary in three key parts of the advertising chain: It operates ad-buying tools for advertisers, Google Ads and DV360;…
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