US Edition
Millions in Crypto Funded Tools to Exploit U.S. Software, Treasury Says in New Sanctions
- On Feb 24, the U.S. Department of the Treasury sanctioned four people and three entities, including Operation Zero, for buying stolen software vulnerabilities with millions in cryptocurrency.
- Australian ex-executive Peter Williams pleaded guilty last year after prosecutors say he sold at least eight stolen exploit components to a Russian buyer for $1.3 million.
- Operation Zero and Advance Security Solutions offered multimillion-dollar bounties up to $20,000,000, and Treasury said they marketed exploits online and recruited hackers via social media.
- The Office of Foreign Assets Control blocked U.S. persons from transacting with Special Technology Services, Vasanovich, Mamashoyev, Kucherov, and affiliates under a 2022 trade-secret theft law.
- OFAC warned the stolen tools could enable ransomware, and sanctions coincide with an FBI investigation; Secretary of the Treasury Scott Bessent said, `Treasury will continue to work alongside the rest of the Trump Administration to protect sensitive American intellectual property and safeguard our national security`.
25 Articles
25 Articles
US Treasury Sanctions Russian National for Allegedly Trading Stolen US Cyber Tools
The U.S. Treasury Department and the U.S. Department of State imposed sanctions on a Russian national and his firm for allegedly acquiring and selling stolen cyber tools originally developed for the U.S. government, officials announced Tuesday. The Office of Foreign Assets Control (OFAC) sanctioned Sergey Sergeyevich Zelenyuk and Matrix LLC, doing business as Operation Zero, as well as five related individuals and entities. The firm traded in st…
The U.S. Department of Foreign Assets Control (OFAC) announced on February 24, which included four individuals and three companies on Russia's sanctions lists.
The sanctions are related to an U.S. investigation into an ex-executive of an undertaking contracted by a government that sold commercial secrets to an entity (now targeted by sanctions) in Russia by US$ 1.3 million
Data published on the website of the Ministry of Finance
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