Breaking
FRRéorganisation de la gouvernance de SNCF Voyageurs : Christophe Fanichet remplacéFRDidier Deschamps quitte l'équipe de France après la défaite en «petite finale»FRLe fonds américain CapVest acquiert une participation majoritaire dans TSG pour 1,8 milliard d'eurosFRLe maire d’Alès, menacé de mort par la DZ Mafia, exfiltré de son domicile par le RaidCRYPTO-FRLa SEC attaque Mining Automatic et son fondateur pour un schéma de Ponzi présuméFRLe prix du SP95-E10 repasse au-dessus de 2 euros le litre : les facteurs de la flambéeCRYPTO-FRAnalyse Technique Crypto : Le Marché Atteint un Point d'Inflexion MajeurFRLoi d'urgence agricole: l'Assemblée nationale adopte la réintroduction dérogatoire de certains pesticidesCRYPTO-FRFeu vert de Trump pour une clause clé du Clarity Act sur les cryptoactifsFRLa proposition de loi « Duplomb 2 » réintroduit des pesticides interdits et l'INRAE explore des alternativesFRRéorganisation de la gouvernance de SNCF Voyageurs : Christophe Fanichet remplacéFRDidier Deschamps quitte l'équipe de France après la défaite en «petite finale»FRLe fonds américain CapVest acquiert une participation majoritaire dans TSG pour 1,8 milliard d'eurosFRLe maire d’Alès, menacé de mort par la DZ Mafia, exfiltré de son domicile par le RaidCRYPTO-FRLa SEC attaque Mining Automatic et son fondateur pour un schéma de Ponzi présuméFRLe prix du SP95-E10 repasse au-dessus de 2 euros le litre : les facteurs de la flambéeCRYPTO-FRAnalyse Technique Crypto : Le Marché Atteint un Point d'Inflexion MajeurFRLoi d'urgence agricole: l'Assemblée nationale adopte la réintroduction dérogatoire de certains pesticidesCRYPTO-FRFeu vert de Trump pour une clause clé du Clarity Act sur les cryptoactifsFRLa proposition de loi « Duplomb 2 » réintroduit des pesticides interdits et l'INRAE explore des alternatives
Newsgather
BackTwo 'Scattered Spider' Hackers Sentenced in UK
Two 'Scattered Spider' Hackers Sentenced in UK
Developing
CointelegraphyesterdayCrime1 min read

Two 'Scattered Spider' Hackers Sentenced in UK

Quick Look

  • Two men linked to the "Scattered Spider" hacking group received five-year, six-month prison sentences in the UK after pleading guilty to cybercrime charges.
  • The group is tied to high-profile ransomware, cryptocurrency extortion, and attacks on UK and US companies, including London's transport network and Caesars Entertainment.

AI-generated summary

Why It Matters

Two members of the "Scattered Spider" hacking group were sentenced in the UK for their involvement in cybercrime activities, including ransomware and cryptocurrency extortion targeting companies in the UK and US.

Font size

The United Kingdom National Crime Agency (NCA) and City of London Police said two men associated with the “Scattered Spider” hacking group were sentenced to five years and six months in prison.

The two pleaded guilty during their first court appearance at Woolwich Crown Court on June 22 and were sentenced on Thursday, according to a press release from the NCA.

British authorities said the pair were part of the Scattered Spider cybercrime group, which investigators have linked to high-profile ransomware and cryptocurrency extortion attacks targeting companies in the UK and the US.

The hacking group was linked to the infiltration of London’s public transport network in September 2024, leading to a reported 29 million British pounds ($38.9 million) in losses and recovery costs.

US prosecutors linked the Scattered Spider group to collecting $115 million in crypto ransom payments from at least 47 US companies, according to a September press release from the Department of Justice (DOJ).

The group was also accused of breaching Caesars Entertainment and stealing a large customer database in September 2023, prompting the company to pay a $15 million ransom in Bitcoin (BTC).

US prosecutors said the group’s attacks disrupted businesses and organizations nationwide, including critical infrastructure and the federal court system.

In July 2024, the FBI seized about $36 million worth of cryptocurrency from Scattered Spider-linked wallets, according to the DOJ’s September release.

According to the DOJ, investigators linked the group to at least 120 computer network intrusions. It said the FBI traced and seized digital assets tied to wallets allegedly controlled by members of the group as part of its investigation.

“These malicious attacks caused widespread disruption to US businesses and organizations, including critical infrastructure and the federal court system, highlighting the significant and growing threat posed by brazen cybercriminals,” said Matthew Galeotti, then acting assistant attorney general of the Justice Department’s Criminal Division.

Open Questions

  • What are the names of the two sentenced men?
  • What specific charges did the men plead guilty to?
  • What is the current status of other Scattered Spider members?

Related Topics

This article was originally published by Cointelegraph.

Related Stories

South Korea Investigates Over 40 Cases of Unfair Crypto Trading, Including Market Manipulation
Crime·yesterday

South Korea Investigates Over 40 Cases of Unfair Crypto Trading, Including Market Manipulation

South Korea's financial authorities investigated over 40 cases of unfair crypto trading, including market manipulation and fraudulent activities, in the last two years. Since the Virtual Asset User Protection Act took effect in July 2024, 30 cases were reported to investigative agencies, leading to 25 identified suspects and average unlawful gains of ₩1.4 billion.

Cointelegraph
1 min read
More on this topicscattered spider