News in the Legal category

Ex-Coinbase manager charged in first crypto insider-trading case

The U.S. Department of Justice has charged a former Coinbase manager and two co-conspirators with wire fraud conspiracy and scheme to commit insider trading in cryptocurrency assets.
- Bill Toulas
- July 21, 2022
- 02:35 PM
- 1
Russian RSocks botnet disrupted after hacking millions of devices

The U.S. Department of Justice has announced the disruption of the Russian RSocks malware botnet used to hijack millions of computers, Android smartphones, and IoT (Internet of Things) devices worldwide for use as proxy servers.
- Bill Toulas
- June 17, 2022
- 10:17 AM
- 1
Interpol seizes $50 million, arrests 2000 social engineers

An international law enforcement operation, codenamed 'First Light 2022,' has seized 50 million dollars and arrested thousands of people involved in social engineering scams worldwide.
- Bill Toulas
- June 15, 2022
- 10:26 AM
- 0
Surfshark, ExpressVPN pull out of India over data retention laws

Surfshark announced today they are shutting down its VPN (virtual private network) services in India in response to the new requirements in the country that demand all providers to keep customer logs for 180 days.
- Bill Toulas
- June 07, 2022
- 10:05 PM
- 2
U.S. DOJ will no longer prosecute ethical hackers under CFAA

The U.S. Department of Justice (DOJ) has announced a revision of its policy on how federal prosecutors should charge violations of the Computer Fraud and Abuse Act (CFAA), carving out "good-faith" security research from being prosecuted.
- Bill Toulas
- May 19, 2022
- 01:24 PM
- 3
Crypto robber who lured victims via Snapchat and stole £34,000 jailed

Online crypto scams and ponzi schemes leveraging social media platforms are hardly anything new. But, this gruesome case of a London-based crypto robber transcends the virtual realm and tells a shocking tale of real-life victims from whom the perpetrator successfully stole £34,000.
- Ax Sharma
- May 14, 2022
- 10:02 AM
- 1
US charges hacker for breaching brokerage accounts, securities fraud

The U.S. Department of Justice (DoJ) has charged Idris Dayo Mustapha for a range of cybercrime activities that took place between 2011 and 2018, resulting in financial losses estimated to over $5,000,000.
- Bill Toulas
- May 11, 2022
- 03:51 PM
- 0
Dell, Apple, Netflix face lawsuits for pulling services out of Russia

A Moscow Arbitration Court has reportedly seized almost $11 million belonging to Dell LLC after the company failed to provide paid-for services to a local system integrator.
- Bill Toulas
- May 09, 2022
- 02:59 PM
- 1
UK sanctions Russian microprocessor makers, banning them from ARM

The UK government added 63 Russian entities to its sanction list on Wednesday. Among them are Baikal Electronics and MCST (Moscow Center of SPARC Technologies), the two most important chip makers in Russia.
- Bill Toulas
- May 07, 2022
- 11:12 AM
- 0
npm package with 1.4M weekly downloads ditches npmjs.com for own CDN

In a surprising move, the popular open source project, SheetJS aka "xlsx," has dropped support for the npm registry. Downloaded about 1.4 million times every week on npm, SheetJS is relied upon by NodeJS developers looking to craft and parse Excel spreadsheets using nothing but JavaScript.
- Ax Sharma
- May 06, 2022
- 05:06 AM
- 2
U.S. DoD tricked into paying $23.5 million to phishing actor

The U.S. Department of Justice (DoJ) has announced the conviction of Sercan Oyuntur, 40, resident of California, for multiple counts relating to a phishing operation that caused $23.5 million in damages to the U.S. Department of Defense (DoD).
- Bill Toulas
- May 02, 2022
- 08:45 AM
- 0
Medical software firm fined €1.5M for leaking data of 490k patients

The French data protection authority (CNIL) fined medical software vendor Dedalus Biology with EUR 1.5 million for violating three articles of the GDPR (General Data Protection Regulation).
- Bill Toulas
- April 28, 2022
- 12:17 PM
- 1
U.S. Treasury sanctions Russian cryptocurrency mining companies

The U.S. Department of the Treasury has announced a new package of sanctions targeting parties that facilitate evasion of previous measures imposed on Russia.
- Bill Toulas
- April 21, 2022
- 12:02 PM
- 0
GitHub restores popular Python repo hit by bogus DMCA takedown

Yesterday, following a DMCA complaint, GitHub took down a repository that hosts the official SymPy project documentation website. It turns out the DMCA notice filed by HackerRank's representatives was sent out in error and generated much backlash from the open source community. The DMCA notice has since been rescinded.
- Ax Sharma
- April 21, 2022
- 10:26 AM
- 1
Binance tells Russian users with over €10k to withdraw everything

Binance has announced some significant changes in its services for Russia-based users, which mark the company's effort to align with European Union's fifth wave of sanctions against Russia.
- Bill Toulas
- April 21, 2022
- 09:26 AM
- 1
US eases sanctions that may lead to Russia's Internet isolation

Today, the U.S. has announced exemptions on previously imposed sanctions on Russia related to telecommunications and internet-based communications, likely to prevent Russians from being isolated from Western news sources.
- Bill Toulas
- April 08, 2022
- 09:43 AM
- 3
U.S. sanctions crypto-exchange Garantex for aiding Hydra Market

The U.S. Department of the Treasury's Office has announced sanctions against the cryptocurrency exchange Garantex, which has been linked to illegal transactions for Hydra Market.
- Bill Toulas
- April 06, 2022
- 08:49 AM
- 0
Germany takes down Hydra, world's largest darknet market

The servers of Hydra Market, the most prominent Russian darknet platform for selling drugs and money laundering, have been seized by the German police.
- Bill Toulas
- April 05, 2022
- 08:14 AM
- 1
EU draft law adds security checks to all crypto transactions

The European Parliament has taken the first steps for new legislation against money-laundering that covers cryptocurrency transactions, which are an important part of illicit activities today.
- Bill Toulas
- April 01, 2022
- 08:55 AM
- 0
FBI disrupts BEC cybercrime gangs targeting victims worldwide

A coordinated operation conducted by the FBI and its international law enforcement partners has resulted in disrupting business email compromise (BEC) schemes in several countries.
- Bill Toulas
- March 30, 2022
- 12:13 PM
- 0