After the Biggest Cryptocurrency Hack Ever, Bitcoin, Ethereum, and Ripple Are All Up -- Why?

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A New Jersey pastor and a Florida software engineer were today found guilty of bribery, wire fraud, bank fraud, and fraud conspiracy. Their trial, which unfolded in a US district court in New York, exposed the murky world of illegal Bitcoin exchanges.

Pastor Trevon Gross and Florida coder Yuri Lebedev helped launder Bitcoins that were used in dark net drug deals and ransomware scams by disguising them as legitimate cash transactions.

They face up to 20 years behind bars when sentenced in July. The case [PDF] revolves around Coin. Between and the trio set blockchain got hacked on yahoocom bank accounts to process the funds raised from the Bitcoin transactions and lied to the banks about where the money was coming from by recoding the transaction records to make it look as though it was coming from credit and debit cards. Then, it seems, they decided to get into the banking business themselves and approached Pastor Gross, who ran the now defunct Helping Other People Excel Federal Credit Union.

The scam worked for a while, but then Uncle Sam's financial regulators caught on — and the FBI moved in. The Murgios have already pled guilty as part of a plea deal with prosecutors. Gross and Lebedev contested the charges against them, insisting they were innocent. Their trial jury disagreed, and on Friday found blockchain got hacked on yahoocom guilty on all counts. However the case against Coin. Gery Shalon, an Israeli national, also owned a stake in the Bitcoin exchange blockchain got hacked on yahoocom is currently facing charges [PDF] that he used customer data from the massive JP Morgan hackin which 76 million households' and 7 million small businesses' records were snaffled.

Shalon is said to have used the email account data to run pump-and-dump scams, whereby worthless penny stocks are purchased, then hyped up in email campaigns to get dupes to try to get in on the action. Once the price has blockchain got hacked on yahoocom, the scam operator dumps their stock and leaves investors with worthless shares. Blockchain got hacked on yahoocom face 23 charges related to the scams and Coin.

Their trial was put on hold by prosecutors until the Gross and Lebedev trial was concluded, but is now expected to move forward swiftly. Minds Mastering Machines - Call for papers now open. The Register - Independent news and views for the tech community. Part of Situation Publishing. Join our daily or weekly newsletters, subscribe to a specific section or set News alerts.

The Register uses cookies. Not a yoga class, silly, Nutanix's move into copy data management Score one for the bats blockchain got hacked on yahoocom badgers! Brit govt told to do its homework ahead of talks over post-Brexit spy laws and data flows IBM bans all removable storage, for all staff, everywhere Every major OS maker misread Intel's docs.

Now their kernels can be hijacked or crashed Second wave of Spectre-like CPU security flaws won't be fixed for a while. Policy The Channel Consent, datasets and avoiding a visit from the information commissioner There will be blood: And you like stability?

We'll see you in December, then And lo, Qualcomm hath declared that a new chip for wearables is coming. You can keep asking the same question, but it won't change the answer NASA boss insists US returning to the Moon after Peanuts to show for past four decades SpaceX Bangabandhu-1 launch held up while Dragon splashes blockchain got hacked on yahoocom on time.

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The priest, the coder, the Bitcoin drug deals — and today's guilty verdicts What would Jesus do? Most read Every major OS maker misread Intel's docs. Now their kernels can be hijacked or crashed Windows Notepad fixed after 33 years: More from The Register. Potentially a hazardous waste dump of child abuse, malware, etc Boffins warn of legal risks from arbitrary data distribution. Blockchain nears peak hype: UK politicos to probe crypto-coin Digi blockchain got hacked on yahoocom falling under glare of Treasury committee.

Blockchain rebrand sends Stapleton Capital's shares soaring Shares only double in value this time. Scammers become the scammed: Ransomware payments diverted with Tor proxy trickery Of course this does nothing for victims' encrypted files. EU hitches its cart to the blockchain bandwagon Let's set up an observatory, maybe think about governance. Whoa, Gartner drops a truth bomb: Blockchain is overhyped and top IT bods don't want it Didn't you know it's panacea to all corporate woes, bro?!

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What an ugly thing to do! Below is more information about the hack, and a PGP signed message from the hackers who call themselves "ShadowBrokers". Read more about the hack here. How much you pay for enemies cyber weapons? Not malware you find in networks. We find cyber weapons made by creators of stuxnet, duqu, flame.

Kaspersky calls Equation Group. We follow Equation Group traffic. We find Equation Group source range. We hack Equation Group. We find many many Equation Group cyber weapons. We give you some Equation Group files free, you see. This is good proof no? You break many things. You find many intrusions. You write many words. But not all, we are auction the best files. We auction best files to highest bidder.

Auction files better than stuxnet. Auction files better than free files we already give you. The party which sends most bitcoins to address: When you send bitcoin you add additional output to transaction. We suggest use bitmessage or I2P-bote email address.

No other information will be disclosed by us publicly. Do not believe unsigned messages. We will contact winner with decryption instructions. Winner can do with files as they please, we not release files to public. Why I want auction files, why send bitcoin?

If you like free files proof , you send bitcoin. If you want know your networks hacked, you send bitcoin. If you want hack networks as like equation group, you send bitcoin. If you want reverse, write many words, make big name for self, get many customers, you send bitcoin.

If want to know what we take, you send bitcoin. What is in auction files? Equation Group not know what lost. We want Equation Group to bid so we keep secret. You bid against Equation Group, win and find out or bid pump price up, piss them off, everyone wins.

What if bid and no win, get bitcoins back? Sorry lose bidding war lose bitcoin and files. But maybe not total loss. Instead to losers we give consolation prize. If our auction raises 1,, million btc total, then we dump more Equation Group files, same quality, unencrypted, for free, to everyone.

When does auction end? When we feel is time to end. Keep bidding until we announce winner. Why I trust you? You like reward, you take risk, maybe win, maybe not, no guarantees. There could be hack, steal, jail, dead, or war tomorrow. You worry more, protect self from other bidders, trolls, and haters. We have final message for "Wealthy Elites". We know what is wealthy but what is Elites? Elites is making laws protect self and friends, lie and fuck other peoples.

Elites is breaking laws, regular peoples go to jail, life ruin, family ruin, but not Elites. Elites is breaking laws, many peoples know Elites guilty, Elites call top friends at law enforcement and government agencies, offer bribes, make promise future handjobs, but no blowjobs.

Elites top friends announce, no law broken, no crime commit. Reporters not call journalist make living say write only nice things about Elites, convince dumb cattle, is just politics, everything is awesome, check out our ads and our prostitutes. Then Elites runs for president. Why run for president when already control country like dictatorship? What this have do with fun Cyber Weapons Auction? We want make sure Wealthy Elite recognizes the danger cyber weapons, this message, our auction, poses to their wealth and control.

Let us spell out for Elites. Your wealth and control depends on electronic data. You see what "Equation Group" can do. You see what cryptolockers and stuxnet can do.

You see free files we give for free. If Equation Group lose control of cyber weapons, who else lose or find cyber weapons? If electronic data go bye bye where leave Wealthy Elites?

Maybe with dumb cattle? Whilst this is amusing on many levels, I don't fully agree with it; the fact is, there are people who want to kill us because of the actions of our governments, and a hatred of our way of life. Beware when downloading such things.

Of course they'll instruct you to turn off the FW because it are 'hack' tools. Not saying that fyrstikken is spreading them! Just saying to be aware when downloading external 'hacking' tools. I checked out the article you linked to in the post, and it seems to be legitimate. Really curious to see how this will play out.

We will know more as time continues. Lots of stuff is coming out. Maybe Snowden really did hit the dead mans switch when he posted the 64 hexadecimal code on twitter. This could have all been orchestrated in order to show how awesome Steemit really is. I think time will tell if these are the real files or not.

Could be a scam, false-flag, or bait. A serious contender would send authentic proof and likely go through a 3rd party. I am a content-detection robot.

This post is to help manual curators; I have NOT flagged you. Here is similar content: Yes cheetah - it is called spreading the information, it is part of what is called global awareness. D - cheetah is OK, and he is right - a lot of people are writing similar content about the same case - and a paste is a paste, I did not want to re-write the pastebin from the hackers who claim to have hacked the NSA. If this is true, it was bound to happen eventually.

Most of their best stuff comes from white hat guys trying to get some brownie points with the feds. That being said, this doesn't hurt NSA much, as the tools will still be functional on their end for awhile, with one exception If this is real, whoever buys it is going to find out which servers NSA has been running on the TOR network to find exit nodes. Thank god for that.

I'm as patriotic as the next guy, but sometimes the government needs to mind their own damn business!!! If the rumors are true, heads will roll. First will be the security folks, who allowed a breach. Then the detection and hunters who should have caught the activity before ex-filtration of the code.

Then it will be a hunt for the perpetrators. If they are found, oh my! But the chaos will not end there.