DOJ Seizes $4 Million in Assets Tied to Phantom Secure

This Data Breach alert was published at 18.12.2020 09.22 on Data Breach Today.

Feds Say Defunct Service Sold Encryption Technology to Criminal Gangs Assets worth $4 million have been seized by authorities in Singapore from the former CEO of Phantom Secure, a now-defunct encrypted telecommunications services provider that offered services to transnational organized criminal syndicates, according to the U.S. Justice Department.

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