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Bitfinex hacker gets 5 years in prison for 120,000 bitcoin heist
A hacker responsible for stealing 119,754 Bitcoin in a 2016 hack on the Bitfinex cryptocurrency exchange was sentenced to five years in prison by U.S. authorities. The man, Ilya Lichtenstein, was arrested in February 2022 in Manhattan following a lengthy investigation led by the IRS, HSI, and the FBI, which managed to recover roughly 80% of the stolen cryptocurrency (94,000 Bitcoin)/ At…
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Hacker gets 10 years in prison for extorting US healthcare provider
Robert Purbeck, a 45-year-old man from Idaho, has been sentenced to ten years in prison for hacking at least 19 organizations in the United States, stealing the personal data of more than 132,000 people, and multiple extortion attempts. As showcased in the indictment, prosecutors linked multiple data theft and blackmail incidents to Purbeck (also known online as “Lifelock” and “Studmaster”).…
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Russia sentences REvil ransomware members to over 4 years in prison
Russia has sentenced four members of the REvil ransomware operation to over 4 years in prison for distributing malware and illegal circulation of means of payment. REvil ransomware (aka Sodin and Sodinokibi) was launched in April 2019 as a direct successor of the GandCrab operation. In less than a year, the gang became the most prolific ransomware group, asking for some of the highest…
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Backpage co-founder sentenced to five years in prison
Michael Lacey, a founder of the defunct classified site Backpage.com, received a five-year prison sentence on Wednesday and was fined $3 million. Lacey was found guilty of money laundering last year in a sweeping case that alleged Backpage executives promoted and profited from prostitution. Lacey was convicted on a single count of international concealment money laundering in November 2023 but…
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Russian who sold 300,000 stolen credentials gets 40 months in prison
Georgy Kavzharadze, a 27-year-old Russian national, has been sentenced to 40 months in prison for selling login credentials for over 300,000 accounts on Slilpp, the largest online marketplace of stolen logins, until its seizure in June 2021. In a Wednesday press release, the U.S. Department of Justice said that Kavzharadze (also known as TeRorPP, Torqovec, and PlutuSS) sold vast amounts…
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