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Us Doj

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Adani clears three US cases as charges are dropped and settlements reached
business12 days ago

Adani clears three US cases as charges are dropped and settlements reached

The US Department of Justice has dropped criminal fraud charges against Gautam Adani and several Adani Group officials after civil settlements; Adani Enterprises also agreed to pay $275 million to the US Treasury to settle sanctions violations related to Iran, and the SEC civil case was resolved with an $18 million settlement, collectively clearing three US cases and paving the way for Adani to travel to the United States without ongoing legal risk.

"US DOJ Considers Breaking Up Live Nation: Bloomberg"
businesslegal2 years ago

"US DOJ Considers Breaking Up Live Nation: Bloomberg"

The U.S. Department of Justice and several states are set to sue Live Nation Entertainment, potentially seeking to break up the company due to its dominance in concert ticket sales through Ticketmaster. This follows years of complaints from concert fans and politicians, especially after Ticketmaster's mishandling of Taylor Swift concert ticket sales. The lawsuit, expected to be filed in the Southern District of New York, highlights the Biden administration's aggressive antitrust stance. Live Nation's shares fell over 6% in extended trade following the news.

Global Takedown: FBI and Allies Seize LockBit Ransomware Group
cybersecurity2 years ago

Global Takedown: FBI and Allies Seize LockBit Ransomware Group

The US and UK authorities have disrupted the LockBit ransomware group, seizing their assets and obtaining decryption keys to help victims regain access to their systems. The US Department of Justice unsealed an indictment against two Russian nationals believed to be responsible for the attacks, and urged victims to reach out to the FBI for potential decryption assistance. The group is accused of targeting over 2,000 victims and extorting more than $120 million in ransom payments, with attacks ranging from businesses to government entities.

FBI and DOJ Dismantle Warzone RAT Infrastructure, Arrest Key Operators
cybersecurity2 years ago

FBI and DOJ Dismantle Warzone RAT Infrastructure, Arrest Key Operators

The U.S. Department of Justice (DoJ) has seized online infrastructure used to sell the Warzone RAT, a remote access trojan, and arrested two individuals in Malta and Nigeria for their involvement in selling and supporting the malware. The defendants have been charged with unauthorized damage to protected computers, illegal selling and advertising of electronic interception devices, and participating in a conspiracy to commit computer intrusion offenses. The coordinated international effort involved authorities from multiple countries and revealed that the malware was used by cybercriminals to secretly access and steal data from victims' computers.