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Tag: department of justice

FBI says it is investigating about 100 types of ransomware – WSJ

(Reuters) - FBI Director Christopher Wray told the Wall Street Journal that the agency is investigating about 100 different types of ransomware, many...

Alt Lending Week Ended 4th June 2021

Archegos faces probe by department of justice. Family office or hedge fund ,take your pick. What is sure is that Bill Hwang’s leveraged...

Bitcoin Ransomware Payments Set ‘Dangerous Precedent’: House Oversight Chair

Colonial Pipeline paid $4.4 million in Bitcoin to regain control of its systems. CNA reportedly paid $40 million.

Exclusive-U.S. to give ransomware hacks similar priority as terrorism, official says

By Christopher Bing WASHINGTON (Reuters) -The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in...

DOJ to Give Ransomware Attacks Same Priority as Terrorism: Report

It’s a response to an uptick in ransomware-related thefts.

The US will elevate ransomware investigations to a similar priority level as terrorism investigations

The goal is to centralize the coordination of such ransomware investigations at the federal level and streamline information sharing.

The post The US will elevate ransomware investigations to a similar priority level as terrorism investigations appeared first on The Block.

White House Representative Says Expanding Cryptocurrency Analysis is a Part of Strategic Take On Ransomware

White House released a statement that said expanding cryptocurrency analysis to trace transactions tied with ransomware is broader focus on such attacks.

Hamas Records Surge In BTC Donations Amid Palestine Conflict

Hamas records surge in Bitcoin donation amid the Israel-Palestine conflict as a way to circumvent economic sanctions as we can see more in our latest Bitcoin news today. Hamas saw an uptick in BTC donations during the latest conflict as BTC is often used to bypass economic sanctions for parties that are blocked from traditional […]

Hamas Sees Surge in Bitcoin Donations Amidst Israel-Palestine Conflict

The Israel-Palestine conflict has a crypto twist—Hamas has been circumventing sanctions through Bitcoin. 

California man sentenced to two years in jail for operating an illegal BTC ATM.

California man Kais Mohammad will spend two years in jail after he was found guilty of operating an illegal BTC ATM service. The U.S. Department of Justice said the man had processed up to $25 million in BTC for his clients, some of it for criminals, which he was aware of. Kais was sentenced in […]

California man sentenced to two years in prison for operating a bitcoin transmission business

The man allegedly transferred bitcoin for cash through both in-person transactions and bitcoin ATMs, all while failing to properly register his business or following proper anti-money laundering protocols.

The post California man sentenced to two years in prison for operating a bitcoin transmission business appeared first on The Block.

Biden admin rep says ‘expanding cryptocurrency analysis’ is part of strategic review on ransomware

A White House spokesperson said Tuesday that "expanding cryptocurrency analysis" to trace ransomware-tied transactions is part of a broader focus on such attacks. 

The post Biden admin rep says ‘expanding cryptocurrency analysis’ is part of strategic review on ransomware appeared first on The Block.

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