Silk Road drugs market hacker pleads guilty, faces 20 years inside

Jurisprudence isn’t like arithmetic… two negatives never make a positive!
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Jurisprudence isn’t like arithmetic… two negatives never make a positive!
Bust in Canada, now bust in the USA as well.
Latest episode – listen and learn!
The cops say they’ve recovered 80% of a $72 million cryptocoin heist… but the recovered funds alone are now worth over $4 billion!
Phew! An audacious crime… that didn’t work out.
by Paul Ducklin The cybersecurity buzz of the week is the intriguing – and highly unusual – aftermath of the Colonial Pipeline ransomware attack. Colonial runs the largest American supply pipeline for refined petroleum products, capable of shifting about 500 million litres of various fuels, including gasoline (petrol), jet fuel, . . . Read more
by Paul Ducklin Nvidia, the graphics chip company that wants to buy ARM, made a unusual announcement last week. The company is about to launch its latest GeForce GPU (graphics processing unit) chip, the RTX 3060, and wants its users know that the chip is “tailored to meet the needs . . . Read more
An examination of the malware gang’s payments reveals insights into its economic operations. The Ryuk ransomware has earned its operators an estimated $150 million, according to an examination of the malware’s money-laundering operations. Joint research released this week from Brian Carter, principal researcher at HYAS, and Vitali Kremez, CEO at . . . Read more
Those buying German Shepherd puppies for Bitcoin online are in for a ruff ride. Puppy photos are undeniably irresistible but beware; researchers have uncovered a scheme selling fake German Shepherd puppies for Bitcoin, leaving buyers crushed and without a tiny fuzzy friend to cuddle on Christmas morning. The scam was . . . Read more
Two malicious software building blocks that could be baked into web applications prey on unsuspecting users. RubyGems, an open-source package repository and manager for the Ruby web programming language, has taken two of its software packages offline after they were found to be laced with malware. RubyGems provides a standard . . . Read more