Tag: sanctions evasion
8 articles
US Duo Sentenced for Hosting Laptop Farms for North Korean IT Workers
The FBI, along with its partners, is cracking down on North Korea's efforts to evade sanctions and fund its regime, with two US nationals recently sentenced to 18 months in prison for running laptop farms that enabled North Korean IT workers to operate remotely. The duo, Matthew Issac Knoot and Erick Ntekereze Prince, were also ordered to pay restitution and forfeit gains made from their scheme.
Triad Nexus Evades Sanctions, Bolsters Global Fraud Network
Meet Triad Nexus, a cunning organized fraud operation that has not only evaded US sanctions but has actually expanded its global reach, now running scams worth a staggering $200 million. Despite efforts to choke off its activities, the group continues to thrive using clever tactics like infrastructure laundering and localized fraud.
Myanmar Junta Exploits Shadow Networks for Jet Fuel Lifeline
In a desperate bid to maintain its grip on power, Myanmar's junta relies on a clandestine network to keep its aircraft fueled and flying, delivering devastating air strikes on its own people. A recent investigation, From Tehran to Naypyidaw, exposes the shadowy supply chains that provide the regime's strategic lifeline: imported jet fuel.
Europol Exclusive: Costly Crypto Mixer Crushed
Think crypto leaves no trail? Europol’s takedown of Cryptomixer shows how cross‑border police work plus on‑chain forensics can unmask cryptocurrency mixers and cripple the networks that hide criminal proceeds.
US: Exclusive Five Plead Guilty in Damaging NK IT Fraud
Five people in the U.S. pleaded guilty this year to helping North Korean hackers secure remote IT jobs with American companies — a wake-up call that remote hiring can be manipulated to mask origins, launder pay, and funnel talent and cash back to Pyongyang.
Canada Fines Cryptomus $176M in Harsh, Stunning Crackdown
Canada’s regulators leveled CAD 236 million (about USD 176 million) in penalties against Cryptomus after finding the payments platform acted as a stealthy on‑ramp/off‑ramp for cybercrime—an eye‑opening crackdown that signals tougher times for crypto‑enabled money laundering.
Bulletproof Host Exclusive: Stark’s Controversial EU Evasion
When the EU froze Stark Industries Solutions — a notorious bulletproof hosting provider tied to Kremlin-linked cyberattacks — the aim was to choke off dangerous infrastructure, but months later the same IPs and services resurfaced under new shells. That rapid reconstitution shows how sanctions on paper can fail when operators lean on bulletproof hosting to keep malware, botnets, and disinformation campaigns alive.
Bulletproof Host Evades EU Sanctions: Exclusive Controversy
EU sanctions couldnt stop a notorious bulletproof hosting provider—it reconstituted under new names and kept serving the same clients. Our exclusive reporting shows how shell companies, domain and IP migrations, and rapid rebrands preserved a hostile infrastructure, a wake-up call for regulators and defenders.