Lauri Love, known for hacking US government computers will be extradited.
The British hacker Lauri Love who was arrested for hacking a number of US government computers will be extradited from the United Kingdom to the United States to face charges.
A judge at Westminster Magistrates’ Court made the extradition ruling however at the same time, the judge has advised Lauri that he can appeal the decision.
https://twitter.com/DoubleJake/status/776769581977374720
https://twitter.com/DoubleJake/status/776769847392931841
https://twitter.com/goldennike11/status/776771253847855105
Once extradited, Mr. Love will be tried in different US states he, therefore, believes that if found guilty at each of the courts including in New Jersey, New York, and Virginia, then he is bound to get approx. 99 years.
Earlier, his lawyer said his alleged hacking had “embarrassed” US authorities. Tor Ekeland said the US government “had very, very bad security and these hacks utilized exploits that were publicly known for months”.
Last week HackRead reported that if extradited, Mr. Lauri Love fears it is quite possible that he will spend the rest of his life behind bars and might even die sooner than expected as he is suffering from Asperger’s Syndrome. Asperger’s Syndrome is a mental health condition, which is categorized as a for of Autism.
Stay tuned, more to follow…
![[hlink][/hlink] The Slovakian crypto exchange suffered a targeted hack attack on Monday night. Crypto exchanges are the favorite targets of cybercriminals because let's face it, it can make you multi-millionaire within seconds and which is why attacking them is such common practice among hackers. This time, Eterbase, a Bratislava, Slovakia based cryptocurrency exchange was attacked, and a whopping $5 million were stolen. The notorious cybercriminals emptied several of its Hot Wallets and stole different types of cryptocurrencies. Hot wallets are those storages connected to the internet, whereas Cold Wallets aren’t accessible via the internet. Eterbase confirmed the news on its Telegram and Twitter channels on Tuesday, stating that six hot wallets of the exchange containing ether (ETH), ERC-20 tokens, bitcoin (BTC), XRP, Algorand (ALGO), and Tezos (XTZ) were compromised. In its official announcement, the exchange has also confirmed assets worth approximately $ 5.4 million were stolen. [wp_ad_camp_1] [wp_ad_camp_2] According to reports, the majority of the stolen crypto, roughly $3.9m, were stored in ERC-20 tokens and Ethereum. The second most affected cryptocurrency is XTZ since the value of stolen currency amounts to $417,000. The funds were transferred to different exchanges. Reportedly, the ETH funds went into the US’s Stablecoin, Tether, Compound, which is a non-custodial lending protocol, Uniswap, a decentralized exchange, and the centralized exchange Binance. Eterbase has suspended its trading operations until 10 Sep and has informed all ‘centralized exchanges’ that may receive the stolen funds. The exchange’s statement posted on Telegram read: “We have reported the matter to law enforcement and we are cooperating closely in the investigation. We want to assure our clients that we are taking all necessary steps to ensure that the amount of their deposit does not suffer any damage as a result of a hacker attack.” [hlink][/hlink] The exchange’s social media channels controller Nenad Ristic stated that personal information wasn’t stolen, and the company has enough funds available to oblige its customers. Did you enjoy reading this article? Do like our page on Facebook and follow us on Twitter.](https://www.hackread.com/wp-content/uploads/2020/09/hackers-attacked-european-crypto-exchange-eterbase-5-4-million-stolen.jpg)
