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Also: Chinese Firms Indicted in Crypto-Linked Fentanyl Supply CaseThis week, charges filed in Uranium Finance hack, indictment of Chinese firms in fentanyl supply case, a class action lawsuit against Nvidia, Drift Protocol exploit, KuCoin operational barriers in the United States and a U.K. sanction filed against Xinbi.
Firms cooperating with cybercrime syndicates in Burma and Cambodia face sanctions by the US government and enforcement actions by China, but the scams continue to grow.
Integrity Technology Group Built Botnet for Chinese Hackers, US Treasury SaysThe Department of Treasury blacklisted Integrity Technology Group, declaring transactions with the company to be off-limits for U.S. financial institutions and persons. The effect will likely have more symbolic than actual disruptive effect.
Hackers Reportedly Target Treasury Department Offices Overseeing Economic SanctionsA Chinese hack of the U.S. Department of Treasury targeted offices tasked with overseeing economic sanctions and financial investigations, as experts warn Beijing is increasingly escalating attacks on American critical infrastructure while preparing for potential future conflict.