The U.S. Department of Justice stated that BTC-e was a primary method for cybercriminals to transfer and launder illegal proceeds. Vinnik's actions led to a loss of at least $121 million through BTC-e.

The criminal network was responsible for defrauding thousands of victims through fake police calls, investment fraud, or romance scams, Europol said. Scam callers posed as victims’ close relatives, bank employees, customer service, or police.

Vincent Cannady, a former cybersecurity consultant, was arrested for allegedly extorting a publicly traded IT company by threatening to disclose confidential data unless they paid him $1.5 million.

Yaroslav Vasinskyi, a 24-year-old Ukrainian national and affiliate of the notorious REvil ransomware-as-a-service (RaaS) group, has been sentenced to 13 years and 7 months in prison by a US court.

The scam involved call center workers impersonating the victims' relatives, claiming they were in legal trouble or had been in an accident, and convincing the victims to send thousands of dollars to help them.

The district court of Länsi-Uusimaa, Finland, sentenced Aleksanteri Kivimäki, 26, on Tuesday for crimes against the Vastaamo center and those in its care, which included more than 20,000 extortion attempts.

The FCC has fined four major U.S. wireless carriers - AT&T, Sprint, T-Mobile, and Verizon - a total of nearly $200 million for unlawfully selling access to their customers' real-time location data without consent.

The cards are labeled "Virus Trojan Horse Removal Payment Card" and "Unpaid Bill Late Fee Payment Card," and were created by the Echizen Police in the Fukui prefecture in Japan as an alert mechanism.

The FTC is sending $5.6 million in refunds to Ring users whose private video feeds were accessed without consent by Amazon employees and contractors, or had their accounts and devices hacked because of insufficient security protections.

The two founders of a cryptocurrency mixing service that allegedly obfuscated the origins of at least $100 million in criminal proceeds have been arrested, the Department of Justice announced Wednesday.