Source: National Cyber Security – Produced By Gregory Evans
US and Israeli law enforcement officials have arrested four men for suspected involvement in cyber blackmail and stock manipulation scams believed to be tied to the 2014 JPMorgan data breach. The US Federal Bureau of Investigation (FBI) reported the arrests of Anthony Murgio, Yuri Lebedev, Gery Shalon and Ziv Orenstein and late on Tuesday. Bitcoin ‘ransomware’ Murgio and Lebedev are believed to have run an illegal Bitcoin money laundering exchange. (Bitcoins are a cryptographic currency that facilitate semi-anonymous transactions online.) The exchange was reportedly in violation of US federal anti-money laundering (AML) laws and made money by charging customers, many of which the FBI believe are engaged in criminal activity, to swap cash for Bitcoins. The FBI claims Murgio specifically exchanged cash for Bitcoins for victims of “ransomware” – a form of malware that locks victims out of their computer and demands they pay an unlock fee, often in Bitcoins. If true this would make him a co-conspirator in the illegal cyber blackmail operations. The FBI estimates the exchange earned the two at least $1.8m between October 2013 and January 2015. The specific charges against the two are: Conspiracy to operate an unlicensed money transmitting business. Operating an unlicensed money […]
For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net or http://AmIHackerProof.com
The post Police just arrested 4 men suspected of running scams tied to one of the biggest data breaches in history appeared first on National Cyber Security.
View full post on National Cyber Security