In a multinational operation, more than $24 million in cryptocurrency was seized from the Russian leader of a group of cyber criminals who developed and deployed the Qakbot malware.
A federal indictment was charged against Rustam Rafailevich Gallyamov, 48, of Moscow, as part of an ongoing multinational investigation involving the United States, France, Germany, the Netherlands, Denmark, the United Kingdom, and Canada to combat cybercrime.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.