News & Analysis as of

Dark Web

StoneTurn

Legal Investigations: Digging Deeper into White-Collar Crime and Financial Crime

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White-collar and financial crimes have risen sharply, with the U.S. DOJ reporting a 300% increase in monetary recoveries in 2024. Successful investigations now require a proactive and adaptable approach to detect and prevent...more

BakerHostetler

Weekly Blockchain Blog - June 2024 #4

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Crypto Companies Announce Licenses, Acquisitions, New Products - According to recent reports, a major Chicago-based digital asset trading desk recently obtained a BitLicense from the New York Department of Financial...more

ArentFox Schiff

Investigations Newsletter: Former Comptroller of Ecuador Convicted in International Bribery and Money Laundering Scheme

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Former Comptroller of Ecuador Convicted in International Bribery and Money Laundering Scheme - On April 24, a Miami jury convicted Carlos Ramon Polit Faggioni, the former Comptroller General of Ecuador, for his role in an...more

Ballard Spahr LLP

Fighting Crypto Crime:  A Guest Blog.

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Today we are very pleased to welcome guest blogger Lili Infante, who is the CEO of CAT Labs – a tech company building digital asset recovery and quantum-resistant cryptography tools to fight crypto crime. Lili previously...more

Foley & Lardner LLP

“Let’s Talk Compliance”: Health Care Privacy and Cybersecurity

Foley & Lardner LLP on

Editor’s Note: PYA and Foley & Lardner hosted the 6th Annual “Let’s Talk Compliance” two-day Virtual Conference on January 18 and 19, 2024. Panelists included Foley & Lardner attorneys and PYA experts. The event was hosted by...more

Ankura

Match-Fixing on the Dark Web: A White Paper by Ankura and U.S. Integrity

Ankura on

1. This white paper sets out the findings of a three-month investigation conducted by Ankura, for U.S. Integrity, into match-fixing on the dark web via a selection of subscription-based and fee services related to betting...more

Dorsey & Whitney LLP

U.S. Treasury Department Takes Action Against Russian Darkmarket Entity as Latest Government Move Against Cybercrime

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On April 5, the U.S. Treasury Department's Office of Foreign Assets Control (“OFAC”) in the U.S. Department of the Treasury named Genesis Market to OFAC’s Specially Designated Nationals List (“SDN List”). Genesis Market is...more

Orrick, Herrington & Sutcliffe LLP

OFAC sanctions darknet marketplace for selling stolen data

On April 5, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions, pursuant to Executive Order (E.O.) 13694, as amended by E.O. 13757, against one of the world’s largest darknet...more

Orrick, Herrington & Sutcliffe LLP

U.S., German law enforcement disable darknet crypto mixer

On March 15, U.S. law enforcement, along with German criminal authorities, disabled a darknet cryptocurrency “mixing” service used to allegedly launder more than $3 billion in cryptocurrency underlying ransomware, darknet...more

White & Case LLP

Bitzlato Founder Charged With Facilitating Money Laundering of More than $700 Million in Dark Web Funds

White & Case LLP on

Anatoly Legkodymov, Russian founder of Hong Kong-registered cryptocurrency exchange Bitzlato Limited ("Bitzlato"), was arrested on January 17 based on an Amended Complaint filed by the Department of Justice ("DOJ") charging...more

Carlton Fields

No Password Required: An FBI Special Agent's Journey from Submarines to Anti-Corruption to Cybersecurity

Carlton Fields on

Andy Sekela is the Private Sector Coordinator for the FBI Tampa Division, who may just be on a mission to have the world’s coolest resumé. In this episode, Andy joins the No Password Required team to talk about his diverse...more

McNees Wallace & Nurick LLC

Imminent and Substantial: The Third Circuit Holds That the Leak of Personal Information onto the Dark Web is Sufficient to...

A recent decision from the Third Circuit suggests that the leak of information onto the Dark Web provides standing to class action plaintiffs in data breach litigation. In Clemens v. ExecuPharm, Inc., 48 F.4th 146 (3d Cir....more

BakerHostetler

DOJ Seizes Over $3 Billion in Historic Crypto Dark Web Fraud Case

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On November 7, 2022, the U.S. Department of Justice (DOJ) announced that it had seized more than $3.36 billion worth of bitcoin as part of a continuing investigation into a 10-year fraud involving the Silk Road dark web...more

ArentFox Schiff

Investigations Newsletter: DOJ Announces $3.3 Billion Cryptocurrency Seizure and Fraud Conviction

ArentFox Schiff on

DOJ Announces $3.3 Billion Cryptocurrency Seizure and Fraud Conviction - On Friday, November 4, James Zhong pled guilty to committing wire fraud in September 2012, when he allegedly executed a scheme to defraud “Silk...more

Vinson & Elkins LLP

Identity Theft is Not a Joke, Jim! — Third Circuit Finds Standing to Sue for Employee Data Breach

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The United States Court of Appeals for the Third Circuit recently held that a plaintiff had standing to sue her former employer for a data breach that exposed her personal information to the “Dark Web” because she...more

Dechert LLP

Dechert Cyber Bits - Issue 21

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US Federal Appellate Court Issues Opinion on Proof of Injury in Data Breach Cases - On September 2, 2022, the U.S. Court of Appeals for the Third Circuit reinstated a class action lawsuit that had previously been dismissed...more

BakerHostetler

DSIR Deeper Dive: Class Certification Jurisprudence

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Over the years, there have been very few class certification rulings in actions arising from data breach incidents. Of those that have been published, most have favored the defense....more

Robinson+Cole Data Privacy + Security Insider

FBI Warns Higher Ed Sector of Compromised Credentials on Dark Web

In a recent Private Industry Notification to the higher education sector, the FBI warned that U.S. college and university credentials are being advertised “for sale on online criminal marketplaces and publically [sic]...more

Troutman Pepper Locke

Dark Web Monitoring - Unauthorized Access Podcast

Troutman Pepper Locke on

Immediately following a three-day stint at the Summer 2022 Net Diligence conference in Philadelphia, Kamran and Sadia welcome Kroll’s Keith Wojcieszek to the Unauthorized Access podcast. In this episode, the trio discuss...more

Cozen O'Connor

AG Moody Bans Eight Synthetic Opioids In Florida

Cozen O'Connor on

On April 26, Florida AG Ashley Moody issued an emergency rule adding eight synthetic opioids to Florida’s Schedule I of controlled substances. The drugs, which are categorized as nitazenes, are available on the dark web and...more

Robinson+Cole Data Privacy + Security Insider

Update on OFAC Cyber Sanctions List: Hydra and Garantex

On April 5, 2022, the U.S. Department of Treasury Office of Foreign Assets Control (OFAC) sanctioned darkweb Hydra Marketplace and virtual currency Garantex and added both to the Specially Designated Nationals List (SDN). ...more

Robinson+Cole Data Privacy + Security Insider

Global Law Enforcement Win: Germany Shuts Down Hydra and U.S. Department of Treasury Follows With Sanctions

In a win for global law enforcement, Germany’s Bundeskriminalamt (BKA) announced on April 5, 2022, that it had officially taken down the infrastructure of Hydra, a Russian-based, illegal dark-web marketplace that has...more

Robinson+Cole Data Privacy + Security Insider

Twenty Most Common Passwords Leaked to the Dark Web: Is Your Password on the List?

Do you use 123456 as a password? We hope not, as it was the number one most common leaked password on the dark web according to a recent article from cnbc.com. Other common passwords were 111111, ABC123, and, of course,...more

K2 Integrity

Crypto and Virtual Currency Risks

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The ABA/ABA Financial Crimes Enforcement Conference took place January 11-13, with K2 Integrity Managing Director Gabriel Hidalgo, who leads the firm’s Crypto and Fintech Advisory practice, leading an important conversation...more

WilmerHale

SEC Insider Trading Enforcement Highlights from 2021

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The Securities and Exchange Commission’s (SEC or Commission) actions in 2021 demonstrate that insider trading remains a key enforcement priority. While the absolute number of insider trading enforcement actions brought by the...more

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