The U.S. Justice Department this month offered a $5 million bounty for information leading to the arrest and conviction of a Russian man indicted for allegedly orchestrating a vast, international cybercrime network that called itself "Evil Corp" and stole roughly…
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Did Russia pass a tough new cryptocurrency law to help authorities recruit or compel criminal hackers to assist the government?
That s the thesis of a new report from New York-based threat intelligence firm Advanced Intelligence, aka AdvIntel. While a new law in Russia that took effect on Jan. 1 provides a legal framework for using cryptocurrency, it also includes a host of provisions designed to unmask users of bitcoins, monero and other virtual currencies, the report notes. By enforcing the cryptocurrency law, the Russian government builds the legal base for overtaking the power and establishing total control over the dark web market, including the ransomware sector.