Binance hit with $4.3 Billion Penalty

Binance hit with $4.3 Billion Penalty

Based on federal sentencing guidelines, the punishment amount is determined. According to the agency, in order to give the company credit for its cooperation following the start of the inquiry and for making improvements to its compliance program, it imposed a 20%...
Ransomware Group Files SEC Complaint: Data Breach not reported

Ransomware Group Files SEC Complaint: Data Breach not reported

The US Securities and Exchange Commission (SEC) has received a complaint from a well-known ransomware group alleging that a victim failed to notify of a purported data breach that was the consequence of an attack carried out by the cybercrime gang itself. The systems...
US Government seizes $54 million in Cryptocurrency

US Government seizes $54 million in Cryptocurrency

The head of a well-known narcotics gang in New Jersey has had $54 million worth of cryptocurrency taken by federal law enforcement, according to a statement released on Thursday by U.S. Attorney Philip R. Sellinger. Federal officials claim that the money was found in...
US Takes $54 million in cryptocurrency connected to a drug scam

US Takes $54 million in cryptocurrency connected to a drug scam

In order to reclaim $54 million in bitcoin from an illicit darknet narcotics network in New Jersey, the U.S. Attorney’s Office initiates a civil forfeiture lawsuit. “The civil action we are taking today seeks to recover millions of dollars of...
DC Election Voting Roll Stolen By Ransomware

DC Election Voting Roll Stolen By Ransomware

Election officials in the US Capital claim a ransomware gang may have stolen their full voter list, which contains the personal data of all District of Columbia registered voters. The DC Board of Elections (DCBOE) initially learned about the attack on October 5, when...
Navy IT manager goes to jail for leaking data

Navy IT manager goes to jail for leaking data

A former US Navy IT manager who illegally accessed a database holding personally identifiable information (PII) and sold it on the dark web was given a five years and five months prison sentence. When Marquis Cooper, 32, of Selma, California, registered an account...