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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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