Russian Hacker Convicted of $90 Million Hack-to-Trade Charges

Global joint law enforcement cooperation has been the key to taking down cyber criminals. Often operating out of several countries, threat actors are being exposed more and more due global cooperation among law enforcement. The director of the FBI stated in August 2022, that cyber threat actors have become a top priority for the FBI and other law enforcement partners. The director stated cooperation was the key to success, “We must impose consequences on cyber adversaries and use our collective law enforcement and intelligence capabilities to do so through joint and enabled operations sequenced for maximum impact. And we must continue to work with the Department of State and other key agencies to ensure that our foreign partners are able and willing to cooperate in our efforts to bring the perpetrators of cybercrime to justice or otherwise disrupt such perpetrators’ activities.” In its press release the Department of Justice thanked the Swiss Federal Office of Justice, and the Valais and Zurich Cantonal Police authorities, for providing valuable assistance to the investigation.
Source: https://www.bleepingcomputer.com/news/security/russian-hacker-convicted-of-90-million-hack-to-trade-charges/

https://www.justice.gov/usao-ma/pr/russian-businessman-found-guilty-90-million-hack-trade-conspiracy