Army – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 06 Sep 2025 05:17:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Army – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 XRP Army Credited for Court Win in Ripple’s SEC Battle https://earlybirdsinvest.com/xrp-army-credited-for-court-win-in-ripples-sec-battle/ https://earlybirdsinvest.com/xrp-army-credited-for-court-win-in-ripples-sec-battle/#respond Sat, 06 Sep 2025 05:17:53 +0000 https://earlybirdsinvest.com/xrp-army-credited-for-court-win-in-ripples-sec-battle/

John Deaton, an attorney who represented XRP
XRP


$2.81

holders during Ripple’s legal dispute with the US Securities and Exchange Commission (SEC), shared in a post on X that community participation helped shape the outcome of the case.

He noted that the thousands of statements submitted by XRP users led the judge to recognize that the token, in some cases, was not sold as a security.

The legal fight began in 2020, when the SEC accused Ripple and two executives of selling XRP without proper registration.

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Over the next few years, XRP buyers formed an online community, often referred to as the “XRP Army“. Deaton said they organized around the case and submitted affidavits to the court to explain how they used the token.

These statements described XRP as a digital asset purchased through exchanges, without direct involvement from Ripple. Many participants argued that their decisions were not based on the company’s actions, and they did not expect to profit from Ripple’s business activities.

Deaton pointed to that reference as proof that community members made a difference. According to him, had the judge not mentioned the affidavits, it would be fair to question their relevance.

However, since they were included, he argued that their efforts had a clear role in shaping the court’s understanding.

Supporters had spent months gathering and submitting their statements. Each affidavit served as a formal declaration, which offered insight into how retail investors approached XRP.

Deaton said these filings showed that many users did not view XRP as an investment in Ripple’s success, which helped the court separate everyday users from institutional buyers.

On August 7, the SEC and Ripple jointly requested that the US Court of Appeals for the Second Circuit dismiss their cases. What did they say? Read the full story.


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XRP Army Helped Sway SEC vs Ripple Case, Says Deaton https://earlybirdsinvest.com/xrp-army-helped-sway-sec-vs-ripple-case-says-deaton/ https://earlybirdsinvest.com/xrp-army-helped-sway-sec-vs-ripple-case-says-deaton/#respond Wed, 03 Sep 2025 16:38:45 +0000 https://earlybirdsinvest.com/xrp-army-helped-sway-sec-vs-ripple-case-says-deaton/

TL;DR 

  • Judge Torres cited XRP holder affidavits, the amicus brief, and Deaton’s oral argument in the final decision.
  • Ripple’s legal team recognized the XRP community’s support and organized legal and public campaigns.

Deaton Cites XRP Holder Input in Court Ruling

Attorney John E. Deaton has pointed to direct involvement from XRP holders as a factor in the SEC vs Ripple case. In a recent post, he stated, 

“No credible person can argue that the XRP Army didn’t make a difference in the Ripple case.” 

He referred to Judge Analisa Torres’s decision, which cited his amicus brief, XRP holder affidavits, and a prior oral argument in the LBRY case.

Deaton noted that while over 2,000 exhibits were submitted, the judge only referenced a small number, some of which included materials from XRP holders. He said that without these citations, the role of the community could have been debated, but added, “The proof is in the decision itself.”

Ripple Legal Team Acknowledges Community Efforts

Ripple’s Deputy General Counsel, Deborah McCrimmon, acknowledged the coordination behind the scenes, saying the case was influenced by a broad effort that included the XRP community. Deaton had mobilized more than 75,000 XRP holders to submit statements and affidavits in support of Ripple’s legal position.

Alongside legal efforts, the XRP community maintained public focus on the case, organizing campaigns and petitions aimed at regulators. The long-running lawsuit saw its conclusion move closer after both sides agreed to a $50 million settlement, with final approval recently confirmed by the Second Circuit.

Meanwhile, XRP’s price traded at $2.85, with a 3% gain in the last 24 hours and a 5% drop over the past week. Some in the community have raised concerns about slow growth in on-chain activity and total value locked (TVL). One user wrote, 

“OK but now we need the big guns to lift the price up apparently.”

However, projects like Doppler and Flare aim to increase XRP’s real-world use. The focus now shifts to whether utility follows legal clarity.

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Russian army targeted by new Android malware hidden in mapping app https://earlybirdsinvest.com/russian-army-targeted-by-new-android-malware-hidden-in-mapping-app/ https://earlybirdsinvest.com/russian-army-targeted-by-new-android-malware-hidden-in-mapping-app/#respond Thu, 24 Apr 2025 05:24:13 +0000 https://earlybirdsinvest.com/russian-army-targeted-by-new-android-malware-hidden-in-mapping-app/

Russia

A new Android malware has been discovered hidden inside trojanized versions of the Alpine Quest mapping app, which is reportedly used by Russian soldiers as part of war zone operational planning.

Attackers promote the trojanized app as a free, cracked version of the premium Alpine Quest Pro, using Telegram channels and Russian app catalogs for distribution.

AlpineQuest is a legitimate GPS and topographic mapping app for Android used by adventurers, athletes, search-and-rescue teams, and military personnel, valued for its offline capabilities and precision.

The app has two versions: a free Lite version with limited features and a paid Pro version that is free of tracking libraries, analytics, and advertisements.

The spyware, which was discovered by researchers at Russian mobile antivirus company Doctor Web, hides inside a fully working Alpine Quest app, reducing suspicion and creating valuable data theft opportunities.

Once launched, it attempts to steal communication data and sensitive documents from the device, potentially revealing details about army operations. Specifically, the spyware performs the following actions:

  • Sends the user’s phone number, contacts, geolocation, file info, and app version to attackers.
  • Monitors location changes in real-time and sends updates to a Telegram bot.
  • Downloads additional modules to steal confidential files, especially those sent via Telegram and WhatsApp.
  • Seeks the ‘locLog’ file from Alpine Quest, which contains location history logs.

Doctor Web tracks the previously undocumented spyware as ‘Android.Spy. 1292.origin’ but did not make any attributions about its origin in its report. Indicators of compromise are available here.

Telegram channel distributing the trojanized AlpineQuest app
Telegram channel distributing the trojanized AlpineQuest app
Source: Doctor Web

Turning the tables

The tactic of targeting soldiers was previously associated with Russian hacking operations, often linked to state-sponsored threat groups collecting intelligence for the Russian army.

In December 2022, hackers using a compromised Ukrainian Ministry of Defense email account attempted subsequent infections by using DELTA, a Ukrainian intelligence collection and management system as bait.

In October 2024, the Russian threat group ‘UNC5812’ targeted Ukrainian conscripts with Windows and Android malware via a fake agency named ‘Civil Defense.’

More recently, in February 2025, Google researchers revealed that Russian threat actors of the APT44 group used malicious QR codes to trick targets into syncing their Signal accounts with unauthorized devices.

The discovery of the trojanized AlpineQuest app shows that these sneaky attacks are orchestrated from both ends of the conflict, as intelligence collection remains crucial in gaining battlefield advantage.

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Russia Jails Citizen for 15 Years for ‘Sending Crypto to Ukrainian Army’ https://earlybirdsinvest.com/russia-jails-citizen-for-15-years-for-sending-crypto-to-ukrainian-army/ https://earlybirdsinvest.com/russia-jails-citizen-for-15-years-for-sending-crypto-to-ukrainian-army/#respond Thu, 20 Mar 2025 05:04:29 +0000 https://earlybirdsinvest.com/russia-jails-citizen-for-15-years-for-sending-crypto-to-ukrainian-army/ A Russian court has sent a man to jail for 15 years after convicting him of sending crypto to the Ukrainian military.

Per a report from the state-run news agency TASS, the man is a resident of the Oryol Oblast, some 370km to the south of Moscow.

The court heard that the man used crypto to “transfer money” to the Armed Forces of Ukraine on “multiple occasions.”

Another Russian Convicted for Sending Crypto to Ukrainian Army

The unnamed man was charged with treason-related offenses by the Federal Security Service (FSB).

The agency has seemingly intensified its crackdown on Russian supporters of Ukraine’s military forces in recent months.

An image from the FSB’s video of a man convicted of sending crypto to Ukrainian military units.

The FSB likely has access to a range of blockchain analytics tools that let law enforcers monitor individual crypto users.

These tools were first put into operation by the Russian anti-AML body Federal Financial Monitoring Service (Rosfinmonitoring) in early 2023.

Last year, Russian scientists also said they had developed a solution that helps law enforcers fight against “criminals” who make use of Bitcoin (BTC) and Ethereum (ETH).

The court also ordered the man to pay a 500,000 ruble (around $6,000) fine.

TASS reported that a branch of the Western District Military Court heard that the man made “multiple transfers of funds” to “armed formations” in based Ukraine.

The FSB’s press service claimed the man was a member of Telegram channels run by “Ukrainian terrorist organizations.”

A monument in central Oryol, Russia.

Man ‘Made Multiple Crypto Transfers’

The agency said the man “repeatedly transferred funds” in “support” of the groups in 2023 and 2024.” The FSB said:

“The [crypto] was used to buy drones, weapons, ammunition, and tactical equipment for the Ukrainian army. These were all intended to help conduct military operations against soldiers of the Russian Armed Forces.”

The court convicted the man of “high treason” and “assisting a terrorist activity,” both “violations of the Criminal Code of the Russian Federation.”

The FSB released scant details about the man, noting only that he was a resident of Oryol, and that he was born in 1976.

However, the FSB released a video “confession” from the man, where he addressed the camera and said:

“I sent […] cryptoassets. […] I knew that I was sending it to [groups] that were fighting on Ukraine’s side.”

FSB’s Crypto Crackdown

The FSB has made scores of similar arrests in recent months. Most recently, it arrested a man in the city of Nizhny Novgorod, accusing him of sending crypto to Ukraine-based militants. The agency said that the militants used the funds to buy drones.

The agency’s arrest report also featured a similar video confession, with the suspect’s face blurred and very little information provided about his identity.

The FSB made another arrest on March 19, swooping on an address in Krasnodar Krai to arrest a man who it says “gave the Ukrainian special services information about a Russian military facility.”

Per a separate TASS report, the man, the agency said, “proactively contacted representatives” of the Ukrainian army.

He then reportedly let them know about the facility, which is located near his home.

The FSB says Ukraine’s military uses Russian crypto donations to buy items including “unmanned thermal imaging sights, aircraft, ammunition, and uniforms.”

Other arrestees, also charged with sending crypto to Ukrainian Armed Forces units and Russian paramilitaries based in Ukraine, include a Moscow-based scientist and a resident of the Russian Far Eastern region of Khabarovsk Krai.

The post Russia Jails Citizen for 15 Years for ‘Sending Crypto to Ukrainian Army’ appeared first on Cryptonews.

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