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5.3

Scattered Spider member pleads guilty; $17.6M in crypto, luxury assets seized

Ahmed Elbadawy, an early member of the Scattered Spider cybercrime group, pleaded guilty to a spree of cybercrimes, with prosecutors seeking forfeiture of $17.6 million in virtual currency, luxury vehicles, and designer goods. The plea marks a notable legal win against a prolific hacking collective, though the full scope of the group's operations and other members' statuses remain unclear. This signals continued U.S. law enforcement focus on cybercriminal networks and their financial proceeds.

CyberScoop2 days agoUSengCredibility 42%View source

Score Breakdown

Mosaic Score5.3
Confidence0.7
Significance0.5
Source credibility0.4
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