Bitcoin hacker steals money and passwords from Dark Web users, jailed

Blockchain and cryptocurrency related crimes are something heard about in a very scarce quantity. But this week, a 37 year-old man in the US has been sentenced to one year and one day in prison for fraud in connection with a Bitcoin $BTC▲2.4% phishing scheme designed to rob victims of their cryptocurrency.

Michael Richo was allegedly running an elaborate bitcoin phishing scheme, all with the purpose of stealing confidential information from unaware victims, including various sums of cryptocurrency which they held.

Richo, of New Haven, was also ordered to forfeit $352,000 in cash, various computers and electronic devices, such as digital and hardware-based wallets, which contained a vast array of different precious metals and virtual coins that he purchased with the proceeds of his offense.

It was during the trial that evidence, such as court documents from the trial in question, as well as supplementary statements, illustrate just where Richo was going in order to target individuals for his Phishing attacks – The Dark Web.

Per court documents associated with Richo’s case, he will be subject to three years of supervised release once he’s out of prison. His operation involved targeting individuals on the dark web using marketplaces.

He did so by posting fake links to online marketplaces on dark web forums. Once users clicked on them, these links would then direct users to fake login pages that resembled the real login pages for various dark web marketplaces. Once the victim entered his credentials, the hacker would steal them. He would then monitor the individual’s Bitcoin balance at the real marketplace and would withdraw the coins once the person deposited the funds. He would then either deposit the funds directly to his bitcoin wallet, or sell them on cryptocurrency exchanges for US dollars. The US dollars obtained as a result were deposited into bank accounts under his control or provided to him through Green Dot Cards, Western Union transfers, and MoneyGram transfers.

Feds charge Anonymous spokesperson Barrett Brown for sharing link to stolen credit card data


Is it crime to share a link to data leaks? The Today indictment of Anonymous spokesperson shows sharing link to data leaks is crime.

Barrett Brown , the former spokesperson for the Anonymous hacktivist, has been charged of one count of trafficking stolen authentication features, one count of access device fraud, and ten counts of aggravated identity theft.

The charges are related to the Stratfor hack carried out by hacktivists at the end of 2011.

Brown isn’t charged with committing the stratfor hack but for posting links to file contains the 5,000 credit card details that were stolen in the incident.

" By transferring and posting the hyperlink, Brown caused the data to be made available to other persons online, without the knowledge and authorization of Stratfor and the card holders." The Feds says.

From the story, We can come to a conclusion that all Journalist who covers the hacking incident and links to data leaks are making crime.

At that time of stratfor hacking incident, links to the stolen credit card details were widely shared on twitter - are all the users who shared the links going to be rounded up and arrested, too?

Anonymous hacker convicted for attack on PayPal, Visa and MasterCard as part of Operation Payback

Anonymus hacker

A British Student hacker associated with the Anonymous hacktivist has been convicted in UK for his involvement in series of cyber attacks against the Paypal, Mastercard, Visa in 2010 as part of 'Operation Payback'

Christopher Weatherhead, 22 year-old, online handle 'Nerdo', was found guilty following the guilty pleas of three others — Jake Birchall, Ashley Rhodes and Peter Gibson.

The four hackers were arrested for orchestrating denial of service attacks against the companies because they had stopped processing payments for WikiLeaks. The attacks cost PayPal £3.5m.

The hacker also overwhelmed the servers of the British Recorded Music Industry and replaced with a message :

"You've tried to bite the Anonymous hand. You angered the hive and now you are being stung."

Weatherhead, who will be sentenced at a later date, could face up to 10 years in prison.