InfoSec News Nuggets 11/15/2024

Chinese national faces 20 years in US prison for laundering pig-butchering proceeds One of the ringleaders of a scheme to launder millions stolen through cryptocurrency investment scams pleaded guilty in a California courtroom on Tuesday. Daren Li, 41, faces up to 20 years in prison for taking part in an operation that laundered more than $73 million stolen from people duped by so-called “pig-butchering” scams. Pig butchering typically involves a scammer forming a relationship with a…
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