Owe Martin Andresen, the suspected main administrator of Dream Market, one of the largest illicit darknet marketplaces before its 2019 shutdown, has been indicted for an alleged scheme to launder funds from Dream Market’s administrator accounts. Andresen was arrested last week in Germany on parallel charges brought by the German government.
“Andresen allegedly channeled commissions earned from selling illegal drugs, stolen personally identifiable information, counterfeit identification documents, and other items through cryptocurrency wallets and even converted his ill-gotten gains into gold bars,” said U.S. Attorney Theodore S. Hertzberg. “Thanks to the close coordination between federal and German law enforcement, Andresen and his co-conspirators will no longer profit from the online sales of narcotics and fraud services, and Andresen will be prosecuted in both Germany and the United States as a result of his actions.”
Read more…
Source: U.S. Drug Enforcement Administration
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Beware Feb. 3, 2025 – Diabolic Ransomware Gang Issues New Attack Warning
December 21, 2024
If you thought law enforcement had not only disrupted the LockBit ransomware operation, alongside trolling the criminal gang behind it but taken it out of business altogether, then you are likely in for a shock: LockBitSupp, the group’s alleged leader, has warned LockBit 4 will return next year. In fact, a dark web posting said the ...
- Third member of LockBit ransomware gang has been arrested
December 20, 2024
U.S. prosecutors in New Jersey on Friday publicly announced charges against Rostislav Panev, 51, a dual Russian-Israeli national accused of being a key developer in the LockBit ransomware gang. Panev is currently in Israeli custody and faces extradition to the United States. LockBit is one of the most prolific ransomware gangs, accused of launching crippling data-stealing ...
- How the ransomware attack at Change Healthcare went down – a timeline
December 18, 2024
A ransomware attack earlier this year on UnitedHealth-owned health tech company Change Healthcare likely stands as one of the largest data breaches of U.S. health and medical data in history. Months after the February data breach, a “substantial proportion of people living in America” are receiving notice by mail that their personal and health information was ...
- Europol spearheads largest referral action against online hate speech
December 16, 2024
Europol has supported 18 European law enforcement agencies in the 2024 Referral Action Day (RAD) on hate speech and incitement to violence targeting ethnoreligious groups. Spanish and Hungarian authorities led the action, which resulted in a record number of online content being identified. In total, 12 countries collected over 6 350 links from 46 online platforms ...
- Six arrested in South Thailand for call centre scams and firearms
December 13, 2024
Police apprehended six people suspected of being involved in call centre scams and the illegal trade of firearms. The Cyber Crime Investigation Bureau (CCIB) announced the arrest on Tuesday, December 10, indicating possible connections between the suspects and insurgency financing in Thailand’s southern regions. The arrests took place on December 10 in Songkhla and Yala provinces ...
- Europol: Law enforcement shuts down 27 DDoS booters ahead of annual Christmas attacks
December 11, 2024
Law enforcement agencies worldwide have disrupted a holiday tradition for cybercriminals: launching Distributed Denial-of-Service (DDoS) attacks to take websites offline. As part of an ongoing international crackdown known as PowerOFF, authorities have seized 27 of the most popular platforms used to carry out these attacks. Known as ‘booter’ and ‘stresser’ websites, these platforms enabled cybercriminals and hacktivists ...