Ransomware creators arrested in Romania

Five people, alleged in creating of CTB-Locker and Cerber ransomware were arrested by Europol
22 December 2017   760

In Bucharest, five gang members suspected of creating CTB-Locker and Cerber ransomware and organizing the largest computer attacks in the United States and Europe were arrested. For the unlocking of operating systems, hackers extorted crypto currency from their victims. This is reported by the Forbes.

As the publication notes, CTB-Locker was one of the first ransomware controlled through Tor's anonymous network, which allowed attackers to sweep up traces. According to the developer of the anti-virus software McAfee, in 2016 this ransomware became the most popular.

Cybercrime is an area of crime like no other, where it is perceived as low risk, and high returns, which contributes greatly to its growth. Today a clear message has been sent that not only addresses this misconception, but emphasizes the value in public-private partnerships.

Raj Samani

CTO, McAfee

In addition, two arrested members of the gang were implicated in the spread of the Cerber virus, the main victims of which were Americans. This year Google called Cerber the most profitable virus for its owners, because by July 2017 they earned $ 6.9 million with it.

During the searches, police seized equipment for mining, laptops and hundreds of SIM-cards. The identity of the detainees has not yet been disclosed.

US Authorities to Sell $4.3M Worth Seized BTC

As reported, the Bitcoins were seized during different federal investigations
18 October 2018   97

The US Federal Penitentiary and Marshals Service has announced an auction, during which 660 Bitcoins will be sold, previously confiscated by law enforcement agencies. The current market value of the coins put up for sale is about $ 4.3 million, CoinDesk reports.

Bitcoins offered for sale were seized during federal criminal, civil and administrative investigations.

The auction will be held on November 5, and to participate in it, you must register no later than October 31 and make a deposit of $ 200,000.

The trades will be divided into two parts and include the sale of six blocks of 100 BTC and one more block of 60 BTC. Auction participants will not be able to view other people's rates or change their own.

The Office clarified that part of the assets put up for auction includes Bitcoins, which were seized during the recent investigations into the cases of the traders Teresa Tetley and Thomas Mario Costanzo. Teresa Tetley was sentenced in July to a year in prison on charges of trading in cryptocurrency without the necessary license and laundering money obtained from drug trafficking.

The Marshals do not report which part of the bitcoins seized from Tetley and Costanzo is put up for auction, however, it was previously known that 40 BTC were withdrawn from the first, and 80 BTC from the second.

Two previous major auctions for the sale of confiscated bitcoins were held in the United States in January and March of this year. In the first case, 3813 BTC was sold, in the second - 2170 BTC.