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    Cyberpunk Waives $21,849,087 Well Worth of Bitcoin to Feds, Punished to twenty years behind bars

    Jay ZhuangBy Jay Zhuang06.10.2022Updated:06.10.2022No Comments2 Mins Read
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    Hacker Forfeits $21,849,087 Worth of Bitcoin to Feds, Sentenced to 20 Years in Prison

    A Canadian cyberpunk is waiving countless bucks well worth of Bitcoin (BTC) to the united state federal government while encountering a multi-decade jail sentence.

    According to a brand-new news release from the Division of Justice (DOJ), 35-year-old Sebastian Vachon-Desjardins has actually been punished to two decades behind bars for his duty in the NetWalker ransomware assaults as well as additionally bought to give up $21.5 million well worth of the leading electronic property.

    Authorities affirm that Vachon-Desjardins was the mastermind behind the NetWalker hacks, which targeted targets throughout the globe by securing and also exfiltrating info from Windows-based systems and also requiring a ransom money of BTC for the decryption of the information.

    Amongst the criminal’s targets were firms, communities, police, and also education and learning companies such as universities, colleges and also institution areas.

    The cyberpunk additionally especially targeted doctor throughout the Covid-19 pandemic to capitalize on the unpleasant times to obtain targets, according to journalism launch.

    As mentioned by Aide Attorney general of the United States Kenneth A. Polite, Jr. of the Justice Division’s Bad guy Department,

    “The offender determined and also struck high-value ransomware targets and also benefited from the mayhem triggered by securing and also swiping the targets’ information.

    Today’s sentence shows that ransomware stars will certainly encounter substantial repercussions for their criminal offenses and also exhibits the Division’s unfaltering dedication to seeking stars that join ransomware systems.”

    At the time of his apprehension in January 2021, authorities browsed Vachon-Desjardins residence and also confiscated about $544,000 and also 719 BTC, worth regarding $14.5 million sometimes of composing.

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    Jay Zhuang is a journalist and artist with a background in digital art curation. He started writing about cryptocurrency in 2020 and began contributing to DAOs in 2021.

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