US Court Sentences Russian Crypto Ransom Launderer to Probation and Fine

US Court Sentences Russian Crypto Ransom Launderer to Probation and FineA Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the Netherlands and extradited to the U.S. last year. Oregon Court Sentences Russian for Processing Ryuk Payments A Russian national […]

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Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US

Russian Charged With Laundering Ransom Proceeds in Crypto Pleads Guilty in USA Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in mid-August, last year, will be sentenced in April. Russian Crypto Launderer Pleads Guilty in US Court, May Get Up to 20 Years in Prison An […]

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Hive Ransomware Network Dismantled by American, European Law Enforcement

Hive Ransomware Network Dismantled by American, European Law EnforcementLaw enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted various organizations worldwide in the past couple of years, often extorting payments in cryptocurrency. Captured Decryption Keys […]

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Hackers Hit Romanian Hospital, Demand Bitcoin Ransom

Hackers Hit Romanian Hospital, Demand Bitcoin RansomA hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its database. The hack prevents the medical institution from reporting to the country’s health insurance fund in order to receive due funding. Botoşani Hospital Blackmailed for Bitcoin, Romanian Media Reports The Saint Gheorghe Recovery Hospital […]

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Kidnappers Kill Venezuelan Citizen for Not Paying Ransom Requested in Bitcoin

venezuelanA Venezuelan merchant was kidnapped and killed after his family failed to gather a ransom that kidnappers explicitly asked to be paid in bitcoin. The perpetrators asked for a sum of 1.5 bitcoin to release the hostage, later lowering the ransom to 0.5 bitcoin. The family of the victim finally was unable to gather the […]

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