U.S. Sentences 31-Year-Old to 10 Years for Laundering $4.5M in Email Scams

The U.S. Department of Justice DoJ has sentenced a 31-year-old man to 10 years in prison for laundering more than $4.5 million through business email compromise BEC schemes and romance scams. Malachi Mullings, 31, of Sandy Springs, Georgia pleaded guilty to the money laundering offenses in Januar...

Ryuk ransomware laundering leads to guilty plea

Ryuk, a mainstay of the ransomware scene for some years until it transformed into Conti and then split off into other groups after that, is back in the news again... though not in the way you might have imagined. Its not a compromise, or a surprise comeback. What we have is a guilty plea, as a...

Russian admin of cybercrime marketplace Deer.io jailed in US

By Deeba Ahmed Kirill Victorovich Firsov, a Russian Citizen has been jailed for 30 months in US prison for running popular cybercrime marketplace Deer.io. This is a post from HackRead.com Read the original post: Russian admin of cybercrime marketplace Deer.io jailed in US...

CEO of Major UK-Based Cryptocurrency Exchange Kidnapped in Ukraine

Pavel Lerner, a prominent Russian blockchain expert and known managing director of one of the major crypto-exchanges EXMO, has allegedly been kidnapped by "unknown" criminals in the Ukranian capital of Kiev. According to Ukraine-based web publication Strana, Lerner, 40-year-old citizen of Russia,...