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A Russian national pleaded guilty today to conspiracy to commit money laundering related to his role in operating cryptocurrency exchange BTC-e from 2011 to 2017, the U.S. Department of Justice reported. According to court documents, Alexander Vinnick, 44, was one of the operators of BTC-e, which was one of the world’s largest virtual currency exchanges. From its inception in or
The U.S. Department of Justice (DOJ) has arrested two individuals for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, a virtual currency exchange. According to the DOJ, the cryptocurrency that was seized is presently valued at $4.5 billion. Law enforcement has seized over $3.6 billion in cryptocurrency linked to the Bitfinex hack. “Today’s
A few years ago, a hacker decided to be a jerk right around Christmas time. He launched DDoS attacks against several gaming companies. The purpose seemed to be to prevent children (and adults) who received new video games and/or consoles as gifts from being able to use them. This mean-spirited hacker has now been sentenced to 27 months in prison.
Given that George Orwell was English, one might think the British would be all too aware of the dangers of a police state. Despite being one of the most surveilled countries in the world with one security camera for every eleven people, politicians in the UK have put forward plans to record the online activities of people in the UK
In the latest cyber moves by the Dept of Homeland Security against a Canadian on-line gambling outfit, it's been confirmed that if it's a .com domain, it falls under US jurisdiction, regardless of where the servers are, where the company is incorporated or who the domain registrar is. Strangely for the "Land of the Free", Americans aren't allowed to gamble on-line but this
The theft of mobile electronic devices has become increasingly attractive as the value of gadgets rises and the economy falls. A particularly easy way to steal is to simply open likely-looking backpacks and rucksacks while they're being worn and remove the gadgetry without the owner noticing. Sometimes the pack can be unzipped quietly, other times it's cut open with a
The murder trial of Jo Yeates is front page news throughout the UK - a neighbour Vincent Tabak is accused of killing her. At the moment, the prosecution is presenting its case and a couple of interesting things have emerged as evidence. In particular, the prosecution has alleged that the defendant: looked at Wikipedia for the definitions of murder and manslaughter.