Vietnamese Hackers Indicted in US for $71M Cybercrime Involving Cryptocurrency

Four Vietnamese nationals were charged in a U.S. court for a series of cyber intrusions causing over $71 million in losses. The defendants, part of the cybercrime group “FIN9,” allegedly hacked U.S. companies from May 2018 to October 2021, stealing non-public information, employee benefits, and funds. They used stolen personal and credit card information to create accounts at cryptocurrency exchanges, masking their identities. They also sold stolen gift cards through peer-to-peer cryptocurrency marketplaces. Charges include conspiracy to commit fraud, wire fraud, intentional damage to protected computers, money laundering, and identity theft, with penalties up to 20 years in prison.