Wednesday, August 5, 2020

US Government Exposed the Identity of Anonymous Crypto Hacker’s

The U.S. Department of Justice, or DoJ, indicted Andrey Turchin, known under the pseudonym “fxmsp,” with various federal crimes. Turchin allegedly founded a cybercrime group that targeted the computer networks of several companies. After stealing each company’s data, Turchin’s group reportedly sold the data on the dark web.

Turchin, a 37-year-old Kazakhstan national, is affectionately known on the dark web as “the invisible god of networks.” He allegedly sold access to thousands of networks breached with his malware attacks, amassing a million-dollar crypto fortune over three years.

The Western District of Washington is now conducting criminal indictment procedures against Turchin, who is accused of attacking companies based in over 40 countries.

No arrests yet

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The Kazakhstan and British authorities assisted the U.S. to unseal the indictment against “fxmsp.” U.S. Attorney, Brian T. Moran, said:

“Cybercrime knows no international borders, and stopping these crimes requires cooperation between an array of international partners. I commend Kazakhstan for its assistance in this investigation. Although the DoJ’s announcement didn’t specify that the Kazakhstan police had already arrested Turchin,

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an unknown number of alleged co-conspirators were identified by the FBI.

The indictment does not mention their identities.

READ MORE : Bitcoin and Gold’s correlation is growing as higher contrasts

Fxmsp’s cybercriminal structure

U.S. law enforcement detailed the cybercriminal operations allegedly led by “fxmsp” and managed to process the transactions:

Prices ordinarily extended from two or three thousand dollars to, now and again, over a hundred thousand dollars, contingent upon the person in question and the level of framework access and controls.

Numerous exchanges happened through the utilization of an intermediary and escrow, which permitted intrigued purchasers to test the system access for a constrained period to check the quality and unwavering quality of the unlawful access.”

Currency Times, as of late, announced that the all-out USD estimation of Bitcoin (BTC) moved on the dull web rose by 65% in Q1 2020, regardless of a decrease in exchanges during a similar period 2019.

Dolly Deval
Dolly Deval
Dolly Deval is a journalist based in Delhi, INDIA. She has years of experience in writing for a number of print and digital platforms, ranging from sport to technology and of course, Cryptocurrencies.

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