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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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Admins of MFA bypass service plead guilty to fraud
Three men have pleaded guilty to running OTP.Agency, an online platform that provided social engineering help to obtain one-time passcodes from customers of various banks and services in the U.K. The codes – temporary passwords also known as OTPs, were part of multi-factor authentication protections and criminals subscribing to the illegal service could use them to access a victim’s bank account and…
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