World News | US Charges Russian Oligarch, Dismantles Cybercrime Operation
Get latest articles and stories on World at LatestLY. The Justice Department announced Wednesday that it had charged a Russian oligarch with sanctions violations and that officials have dismantled a cybercrime operation controlled by a Russian military intelligence agency.
Washington, Apr 6 (AP) The Justice Department announced Wednesday that it had charged a Russian oligarch with sanctions violations and that officials have dismantled a cybercrime operation controlled by a Russian military intelligence agency.
The case against against Konstantin Malofeyev accuses him of trying to evade earlier Treasury Department sanctions by seeking to secretly acquire media organisations across Europe. Officials also seized millions of dollars they say are traceable to the sanctions violations.
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The announcement comes two days after US officials seized a yacht in Spain belonging to a Russian oligarch, Viktor Vekselberg, with close ties to Russian President Vladimir Putin.
The Justice Department in the last year has taken aim against Russia-based cybercrime, recovering in June most of a multimillion-dollar ransom that Colonial Pipeline paid to hackers after a ransomware attack that halted operations and announcing charges last fall against two suspected ransomware operators. (AP)
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)