US Court Sentences Russian Crypto Ransom Launderer to Probation and Fine

A 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 … Read more

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

A 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 … Read more

Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US

A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved in the criminal activity for a period of three years before his arrest in Amsterdam last November. Alleged Russian Money Launderer Handed Over to U.S. … Read more

US ‘Kidnapped’ Russian Crypto Businessman Denis Dubnikov, Lawyer Says

U.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told Russian media. Dubnikov is suspected of money laundering and faces up to 20 years in prison if extradited to the United States. FBI Accused of Kidnapping Russian Citizen With Cryptocurrency … Read more

Second Major Ransomware Attack in Louisiana Causes Significant Problems

A good ransomware attack can cause significant problems. The city of Louisiana knows that all too well, as its problems have only just begun. The initial Ryuk ransomware attack against the Louisiana infrastructure dates back to November 18. Louisiana is a Ransomware Target Nearly two weeks after being hit, very little progress has been made. … Read more

Ryuk Ransomware Snatches $640,000 Worth of Bitcoin From Major Corporations

Although ransomware attacks seem to create a lot fewer media headlines these days, there are still plenty of concerns out there. The Ryuk malware is quite potent and is mainly designed to target large corporations around the world. Criminals have already earned over half a million dollars in payments from Ryuk, and that may only be … Read more