Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press release from the U.S. Department of Justice. Founded in 2018, Nate raised over $50 million from investors like Coatue and Forerunner Ventures, most recently raising…
Category: Department of Justice
charges, china, Department of Justice, fbi, Global Security News, Government, Hackers, hacking, Security, usa
DoJ Busts Alleged Global Hacking-for-Hire Network of ‘Cyber Mercenaries’
Targets included the U.S. Treasury Department, journalists, and religious organisations, and the attacks intended to steal data and suppress free speech.
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Trump 2.0 Brings Cuts to Cyber, Consumer Protections
One month into his second term, President Trump’s actions to shrink the government through mass layoffs, firings and withholding funds allocated by Congress have thrown federal cybersecurity and consumer protection programs into disarray. At the same time, agencies are battling an ongoing effort by the world’s richest man to wrest control over their networks and…
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US Justice Department sues to block HPE’s $14B acquisition of Juniper Networks
U.S. prosecutors are seeking to block the deal citing antitrust concerns. © 2024 TechCrunch. All rights reserved. For personal use only.
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Law enforcement action deletes PlugX malware from thousands of machines
U.S. and international law enforcement agencies have removed the PlugX malware from thousands of computers worldwide in a coordinated campaign to blunt the effectiveness of one of the most infamous pieces of malware used by malicious cyber actors. According to recently unsealed court documents from the Eastern District of Pennsylvania, the U.S. Department of Justice…
Crypto, CryptoCurrency, Department of Justice, fbi, Global IT News, Global Security News, money laundering, North Korea, Ransomware, sanctions, Security
US government charges operators of crypto mixing service used by North Korea and ransomware gangs
Three Russian citizens were charged with money laundering for their role in operating Blender.io and Sinbad.io crypto mixing services. © 2024 TechCrunch. All rights reserved. For personal use only.
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Third member of LockBit ransomware gang has been arrested
LockBit is believed tobe responsible for at least $500 million in ransom payments alone. © 2024 TechCrunch. All rights reserved. For personal use only.
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Arizona man arrested for alleged involvement in violent online terror networks
Baron Martin, a 20-year-old resident of Tucson, Arizona, was arrested Wednesday on charges of producing child sexual abuse material and cyberstalking. His arrest is connected to his involvement in online terror networks, specifically 764 and CVLT, which are known for violent extremist activities. Martin, also known under the alias “Convict,” is charged with significant involvement…
Cybercrime, Department of Justice, Global Security News, Government, kosovo, rydox
Cybercriminal marketplace Rydox seized in international law enforcement operation
The Justice Department announced Thursday that it had participated in a coordinated effort to seize and dismantle Rydox, an online marketplace for stolen personal information and cybercrime tools. The operation led to the arrest of three individuals alleged to be the site’s administrators. Rydox has been linked to over 7,600 illicit sales and generated substantial…
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Court indicts 14 North Korean IT workers tied to $88 million in illicit gains
A federal court has indicted 14 more North Korean IT workers as part of an ongoing U.S. government campaign to crack down on Pyongyang’s use of tech professionals to swindle American companies and nonprofits. The Justice Department said the 14 indicted workers generated at least $88 million throughout a conspiracy that stretched over approximately six…