An Armenian man, Hambardzum Minasyan, appeared in federal court in Austin after being extradited from abroad. He is charged with conspiracy to commit access device fraud, conspiracy to violate the Computer Fraud and Abuse Act, and conspiracy to commit money laundering for his alleged role in the RedLine infostealer malware scheme. The indictment says Minasyan helped develop and administer RedLine, which has been used to steal data from corporate computers. He reportedly registered servers and domains for the malware, distributed it to affiliates, and processed payments in cryptocurrency. The case is part of a joint investigation by the FBI Austin Cyber Task Force and other federal agencies. If convicted, he faces up to 10 years for access device fraud and up to 20 years for the other two counts.
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