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WASHINGTON – The woman who dubbed herself the “Crocodile of Wall Street” and “Razzlekhan” in rap videos was ordered to serve 18 months behind bars for helping her hacker husband launder cryptocurrency he stole from the Bitfinex exchange.
Heather Morgan, 34, was sentenced on Nov 18 in Washington federal court. Last week, her husband, Ilya Lichtenstein, got five years in prison for his role in the scheme, which stemmed from his 2016 hack of the exchange and the theft of Bitcoin currently worth billions of dollars. Both pleaded guilty last year.
Morgan wasn’t involved in the hack, and her husband said he recruited her to help hide the loot he’d stolen. They could have faced more prison time, but he agreed to aid the United States in other crypto prosecutions and she persuaded him to cooperate with the authorities.
The Verge, which called her “crypto’s most embarrassing rapper”, said she made crypto-themed rap videos under the name Razzlekhan. The whole story is expected to be immortalized in a Netflix documentary series and a film called Dutch & Razzlekhan, the tech news website said.
According to prosecutors, Morgan and Lichtenstein engaged in complex money-laundering techniques, including creating accounts under fictitious identities, moving the stolen proceeds in small amounts, and breaking up the trail of transactions by depositing and withdrawing funds from crypto exchanges and darknet markets. They purchased nonfungible tokens, gold and Walmart gift cards, court records show.
At the time of the hack, the stolen Bitcoin was worth about US$71 million (S$95 million). Now it’s valued in the billions of dollars as the price of Bitcoin has surged from US$580 to more than US$90,000. The couple laundered 21 per cent of what was stolen in the Bitfinex hack, according to the government. BLOOMBERG
WASHINGTON – A U.S. Senate Judiciary subcommittee overseeing technology issues will hold a hearing Tuesday on Chinese hacking incidents, including a recent incident involving American telecom companies.
The hearing to be chaired by Senator Richard Blumenthal will review the threats “Chinese hacking and influence pose to our democracy, national security, and economy,” his office said, adding the senator plans “to raise concerns about Elon Musk’s potential conflicts of interest with China as Mr. Musk becomes increasingly involved in government affairs.”
Musk, the head of electric car company Tesla, social media platform X and rocket company SpaceX, emerged during the election campaign as a major supporter of U.S. President-elect Donald Trump. Trump appointed him as co-head of a newly created Department of Government Efficiency to “slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.”
Musk, who was in China in April and reportedly proposed testing Tesla’s advanced driver-assistance package in China by deploying it in robotaxis, did not immediately to requests for comment.
The hearing will include CrowdStrike Senior Vice President Adam Meyers and Telecommunications Industry Association CEO David Stehlin, Strategy Risks CEO Isaac Stone Fish and Sam Bresnick, research fellow at the Center for Security and Emerging Technology at Georgetown University,
Last week, U.S. authorities said China-linked hackers have intercepted surveillance data intended for American law enforcement agencies after breaking in to an unspecified number of telecom companies, U.S. authorities said on Wednesday.
The hackers compromised the networks of “multiple telecommunications companies” and stole U.S. customer call records and communications from “a limited number of individuals who are primarily involved in government or political activity,” according to a joint statement released by the FBI and the U.S. cyber watchdog agency CISA.
The announcement confirmed the broad outlines of previous media reports that Chinese hackers were believed to have opened a back door into the interception systems used by law enforcement to surveil Americans’ telecommunications.
It follows reports Chinese hackers targeted telephones belonging to then-presidential and vice presidential candidates Donald Trump and JD Vance, along with other senior political figures, raised widespread concern over the security of U.S. telecommunications infrastructure.
Beijing has repeatedly denied claims by the U.S. government and others that it has used hackers to break into foreign computer systems.
Last month, a bipartisan group of U.S. lawmakers asked AT&T, Verizon Communications and Lumen Technologies to answer questions about the reporting hacking of the networks of U.S. broadband providers. REUTERS
WASHINGTON – Chinese hackers are positioning themselves in US critical infrastructure in the event of a clash with the United States, a top American cybersecurity official said on Nov 22.
Ms Morgan Adamski, the executive director of US Cyber Command, said ongoing Chinese-linked cyber operations are aimed at gaining “an advantage in the event of a major crisis or conflict with the US.”
Ms Adamski made the comments to researchers at the Cyberwarcon security conference in Arlington, Virginia.
On Nov 21, US Senator Mark Warner told the Washington Post that a suspected China-linked hack on US telecommunications firms was “the worst telecom hack in our nation’s history – by far.”
That cyberespionage operation, dubbed “Salt Typhoon,” has included stolen call records data, the compromise of communications of top officials of both major US presidential campaigns before the Nov 5 election, and telecommunications information related to US law enforcement requests, the FBI said, in a recent statement.
Beijing routinely denies cyber operations targeting US entities.
The Chinese Embassy in Washington did not immediately respond to a request for comment. REUTERS
A child in California has become the first in the United States to test positive for bird flu infection, authorities said on Nov 22, as health officials offered checks and preventive treatment to exposed contacts at the child’s day-care centre.
The child, from Alameda County in the San Francisco Bay area, had mild symptoms and was said to be recovering at home following treatment with flu antivirals, according to the US Centres for Disease Control and Prevention (CDC) and the California Department of Public Health (CDPH).
As a precaution, close family members of the child were tested, with all results coming back negative.
Local officials have also contacted caregivers and families at the day-care facility, where the child showed mild symptoms before testing positive.
Chinese hackers preparing for conflict, says US cyber official
Chinese hackers are positioning themselves in US critical infrastructure IT networks for a potential clash with the United States, a top American cybersecurity official said on Nov 22.
Ms Morgan Adamski, executive director of US Cyber Command, said Chinese-linked cyber operations are aimed at gaining an advantage in case of a major conflict with the US.
Officials have warned that China-linked hackers have compromised IT networks and taken steps to carrying out disruptive attacks in the event of a conflict.
Ukraine to step up air defence development after missile ‘test’
President Volodymyr Zelensky said on Nov 22 that Ukraine was working on developing new types of air defence to counter “new risks” following Russia’s deployment of a new medium-range missile in the 33-month war.
Mr Zelensky, in his nightly video address, said testing a new weapon for purposes of terror in another country was an “international crime” and issued a new call for a world-wide “serious response” to keep Russia from expanding the war.
He was speaking a day after Russia fired a new intermediate-range weapon – called Oreshnik (hazel tree) – into Ukraine for the first time. Ukraine said the missile reached a top speed of more than 13,000kmh and took about 15 minutes to reach its target from its launch.
Americans say you need a $364,000 salary to be ‘successful’
The price of success? About US$270,000 (S$364,000) a year.
That is the annual salary it takes to be considered financially successful, according to a survey released on Nov 22 by financial services company Empower. The hurdle for net worth is US$5.3 million, according to respondents.
Those numbers are well beyond the reach of most Americans.
New Ultimate Championship will be athletics ‘gamechanger’
World Athletics president Sebastian Coe said on Nov 22 the new Ultimate Championship team event, officially unveiled by the sport’s governing body, would be a “gamechanger” for track and field.
The inaugural event will be held in Budapest on Sept 11-13, 2026, and it will be staged every two years to fulfil World Athletics’ ambition of holding a global championship every year.
The federation said the event would provide “a spectacular conclusion to the summer athletics season, in the years where there is no World Athletics Championships”.
WASHINGTON – Chinese state-affiliated hackers intercepted audio from the phone calls of US political figures including an unnamed campaign adviser of Republican presidential candidate Donald Trump, the Washington Post reported on Oct 27.
The FBI and the US Cybersecurity and Infrastructure Security Agency said on Oct 25 they were investigating unauthorised access to commercial telecommunications infrastructure by people associated with China.
Trump’s campaign and the FBI did not immediately respond to a request for comment.
The Post also reported the hackers were able to access unencrypted communications like text messages, of the individual.
Reuters reported on Oct 25 that Chinese hackers also targeted phones used by people affiliated with the campaign of Democratic presidential candidate Kamala Harris.
Trump and his running mate, J.D. Vance, were targeted, various media outlets reported last week.
The Trump campaign was made aware last week that Trump and Mr Vance were among a number of people inside and outside of government whose phone numbers were targeted through the infiltration of Verizon phone systems, the New York Times reported on Oct 25.
The Trump campaign was hacked earlier in 2024. The US Justice Department charged three members of Iran’s Revolutionary Guard Corps with the hack, accusing them of trying to disrupt the Nov 5 election.
Verizon said on Oct 25 it was aware of a sophisticated attempt to target US telecoms and gather intelligence and is working with law enforcement.
Congress is also investigating and earlier this month U.S. lawmakers asked AT&T, Verizon and Lumen Technologies to answer questions about reports Chinese hackers accessed the networks of U.S. broadband providers.
The Chinese embassy in Washington said last week it was unaware of the specific situation but said China opposes and combats cyber attacks and cyber thefts in all forms. REUTERS
WASHINGTON – Members of former U.S. President Donald Trump’s family and officials from the Biden administration were among those targeted by China-linked hackers who were able to break into telecommunications company systems, the New York Times reported on Tuesday, citing people familiar with the matter.
The Times said State Department officials, Trump family members including Eric Trump and Jared Kushner, and prominent Democrats including Senate majority leader Chuck Schumer were among those targeted by the spies.
Concerns about the hacking group have grown since media reports disclosed its activities last month.
On Oct. 6, the Wall Street Journal reported that the group, nicknamed “Salt Typhoon”, had accessed the networks of broadband providers and obtained information from systems the federal government uses for court-authorized wiretapping.
The State Department, as well as aides for Trump family members, did not immediately respond to Reuters’ questions. The White House, the National Security Agency, and the cybersecurity watchdog agency CISA did not immediately return messages. A Schumer aide did not immediately reply to an email. The Chinese Embassy in Washington did not immediately respond to an email, although Beijing routinely denies being behind cyberespionage campaigns. REUTERS