The $2.3 Billion Tornado Cash Case Is a Pivotal Moment for Crypto Privacy

Credit to Author: Andy Greenberg| Date: Mon, 13 May 2024 14:12:03 +0000

Tuesday’s verdict in the trial of Alexey Pertsev, a creator of crypto-privacy service Tornado Cash, is the first in a string of cases that could make it much harder to skirt financial surveillance.

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How Did Authorities Identify the Alleged Lockbit Boss?

Credit to Author: BrianKrebs| Date: Mon, 13 May 2024 11:26:27 +0000

Last week, the United States joined the U.K. and Australia in sanctioning and charging a Russian man named Dmitry Yuryevich Khoroshev as the leader of the infamous LockBit ransomware group. LockBit’s leader “LockBitSupp” claims the feds named the wrong guy, saying the charges don’t explain how they connected him to Khoroshev. This post examines the activities of Khoroshev’s many alter egos on the cybercrime forums, and tracks the career of a gifted malware author who has written and sold malicious code for the past 14 years.

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