US, UK, and Australia sanction Russian ‘bulletproof’ web host used in ransomware attacks

The governments of the United States, United Kingdom, and Australia have sanctioned a Russian “bulletproof” web hosting company and several of its related firms for allegedly being used to launch ransomware attacks against U.S. victims and critical infrastructure. In a Read More …

Dutch government is relinquishing control of Chinese-owned chipmaker Nexperia

The Dutch government said it’s relinquishing control of Chinese-owned chipmaker Nexperia, easing a standoff between China and the Netherlands that threatened supplies of semiconductors vital for global auto manufacturing. Economics Affairs Minister Vincent Karremans said Wednesday that he was suspending Read More …

Trump pardons Binance founder Changpeng Zhao

President Donald Trump has pardoned Binance founder Changpeng Zhao, who pleaded guilty to a money laundering charge in 2023, the White House said Thursday. White House press secretary Karoline Leavitt said in a statement that Trump “exercised his constitutional authority Read More …

Russia slaps sanctions on UK IT sector

Moscow has blacklisted 22 British government officials, members of the IT sector and legal service market as a measure of retaliation, the Russian Foreign Ministry said in a statement. Those blacklisted particularly include employees of British companies, namely Micro Focus, Read More …

Microsoft Announces Suspension of Cloud Services in Russia Amid EU Sanctions

Microsoft has announced that it will suspend access to its cloud services for companies based in Russia, effective March 20. This move comes as a direct response to the European Union’s 12th package of sanctions against Russia, specifically EU regulation Read More …

Binance CEO pleads guilty to money laundering charges

The Binance chief executive, Changpeng Zhao, has resigned after pleading guilty to money laundering violations. The Justice Department said it was requiring Binance, the largest crypto-exchange in the world, to pay $4.3bn (£3.4bn) in penalties and forfeitures. It said Binance Read More …

Do government sanctions against ransomware groups work?

Earlier this year, the U.S. government imposed sanctions against Russian national Mikhail Matveev, an FBI most-wanted cybercriminal, who authorities accuse of being a “prolific ransomware affiliate” involved in cyberattacks in the United States and overseas. Authorities say Matveev played a Read More …

US charges crypto founders over alleged support for North Korean hackers

The United States has charged two cofounders of the cryptocurrency mixer Tornado Cash with money laundering and other crimes a year after authorities banned the Russian-founded platform over its alleged support of North Korean hackers. Roman Semenov and Roman Storm Read More …

Intellexa and Cytrox are latest spyware firms to face U.S. wrath

The Biden administration struck its latest blow against foreign spyware makers on Tuesday, placing two Europe-based companies on its list that restricts U.S. companies’ business dealings with them. Greece-based Intellexa and the Hungarian company Cytrox are now on the Commerce Read More …