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Australian Executive Pleads Guilty to Selling US Cyber Tools for Crypto


by Anisha Pandey
for CoinEdition
Australian Executive Pleads Guilty to Selling US Cyber Tools for Crypto

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AI Overview

Peter Williams, an Australian national, pleaded guilty to selling US cyber intelligence tools for over $1.26 million in crypto, risking national security and causing $35 million in losses. Prosecutors are seeking a prison sentence for his theft of trade secrets from a defense contractor.

Bearish
  • Australian national Peter Williams pleaded guilty to selling US cyber intelligence tools to a Russian broker for crypto.
  • Prosecutors say he received over $1.26 million in crypto and was promised up to $4 million more under contracts.
  • The breach exposed sensitive cyber tools shared with Five Eyes allies and caused over $35 million in losses.

Peter Williams, a 39-year-old Australian national, pleaded guilty in a US District Court to selling sensitive cyber intelligence to a Russian cyber-tools broker. The US Department of Justice confirmed Williams pleaded to two counts of theft of trade secrets.

Prosecutors Seek Prison Sentence

The stolen material came from a US defense contractor where Williams worked. The data included national-security software and at least eight protected cyber-exploit components developed for US government use and select allies.

The tools…

Read The Full Article Australian Executive Pleads Guilty to Selling US Cyber Tools for Crypto On Coin Edition.

Read the article at CoinEdition

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Australian Executive Pleads Guilty to Selling US Cyber Tools for Crypto


by Anisha Pandey
for CoinEdition
Australian Executive Pleads Guilty to Selling US Cyber Tools for Crypto

Share:

AI Overview

Peter Williams, an Australian national, pleaded guilty to selling US cyber intelligence tools for over $1.26 million in crypto, risking national security and causing $35 million in losses. Prosecutors are seeking a prison sentence for his theft of trade secrets from a defense contractor.

Bearish
  • Australian national Peter Williams pleaded guilty to selling US cyber intelligence tools to a Russian broker for crypto.
  • Prosecutors say he received over $1.26 million in crypto and was promised up to $4 million more under contracts.
  • The breach exposed sensitive cyber tools shared with Five Eyes allies and caused over $35 million in losses.

Peter Williams, a 39-year-old Australian national, pleaded guilty in a US District Court to selling sensitive cyber intelligence to a Russian cyber-tools broker. The US Department of Justice confirmed Williams pleaded to two counts of theft of trade secrets.

Prosecutors Seek Prison Sentence

The stolen material came from a US defense contractor where Williams worked. The data included national-security software and at least eight protected cyber-exploit components developed for US government use and select allies.

The tools…

Read The Full Article Australian Executive Pleads Guilty to Selling US Cyber Tools for Crypto On Coin Edition.

Read the article at CoinEdition

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