1 / 3 Relevant items tagged with #Cybercrime

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Spectral Labs identifies Syntax vulnerability, pauses contracts

[Dec 1 8:18 PM] According to Immunefi, year-to-date losses from crypto hacks, exploits, and scams have topped $1.4 billion as of November 2024.

Canadian police praise Tether for 'swift' recovery of stolen funds

[Nov 8 9:45 PM] The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.

North Korean hacker BlueNoroff targets crypto firms with new malware

[Nov 8 7:28 PM] According to cybersecurity firm Recorded Future, North Korean hacker groups have stolen approximately $3 billion in funds since 2017.

Bitfinex wallet hacker returns most of the $20 million back to US gov’t

[Oct 25 5:04 PM] According to security firm CertiK, crypto losses in Q3 2024 are up 9.5%, with more than $750 million in total funds stolen by threat actors.

Ambient Finance website hacked, team warns users to wait for fix

[Oct 17 4:25 PM] In 2024, malware spread through the Python Package Index, text messages, fraudulent macOS programs and even automated email threads.

Bitfinex hacker should get 5 years jail for 120K BTC heist: Feds

[Oct 17 5:59 AM] Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say. 

Old MEV bot scam rides AI hype to return with new name: SlowMist

[Oct 15 4:49 AM] Blockchain security firm SlowMist said an increasing number of people have lost funds to fake trading bots that use OpenAI’s ChatGPT in their names to suggest legitimacy.

Ohio’s New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam

[Oct 10 12:30 AM] The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of cyber financial crimes…

TON-based wallet drainer shuts down, eyes Bitcoin

[Oct 7 10:14 AM] A TON-based wallet drainer said it was shutting down operations due to a lack of whales in the network. 

DHS says it thwarted over 500 crypto ransom attacks in 3 years

[Oct 7 4:02 AM] The US Homeland Security Investigations (HIS) Cyber Crimes Center reported it disrupted hundreds of ransom attacks since its formation in 2021.

US gov files complaints to seize assets from North Korean hackers

[Oct 6 9:45 PM] According to PeckShieldAlert, losses from crypto hacks and exploits accounted for over $120 million in losses during September 2024.

US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint

[Oct 6 7:10 PM] Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean…

4 Arrests, Sanctions Follow Global Operation Against Lockbit Group

[Oct 5 8:30 AM] Europol and multiple countries have taken a significant step against the notorious Lockbit ransomware group with four key arrests and international sanctions. A collaborative effort between France, the UK, and Spain led to the detainment of…

Russia-Based Evil Corp Faces New US Sanctions

[Oct 4 3:30 AM] The U.S. Treasury has sanctioned members of Russia’s Evil Corp in collaboration with the UK and Australia, continuing a crackdown on cybercriminals. Targeting seven individuals, the group is infamous for deploying Dridex malware and Bitpaymer…

DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist

[Oct 4 2:30 AM] A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement…

Polymarket users complain of mysterious Google login wallet attacks

[Sep 29 2:15 PM] The attacker used a “proxy” function to swipe victims’ USDC balances, but only a small number of Google login users have been affected.

User loses $32 million spWETH in a sophisticated phishing attack

[Sep 28 9:41 PM] According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result.

US Authorities Bust Billion-Dollar Crypto Laundering Network, Charge 2 Russians

[Sep 27 6:30 AM] Two Russian nationals have been charged with running a massive money laundering network that processed billions through cryptocurrency exchanges, the U.S. Department of Justice (DOJ) announced. These exchanges, including Cryptex and Joker’s Stash…

US sanctions Russian crypto platforms for money laundering ties

[Sep 26 9:33 PM] Two crypto exchanges and two individuals have been sanctioned for ties to underground finance.

Russia’s Cybercrime Damage Exceeds $1.25 Billion in 2024, Minister Says

[Sep 26 3:30 AM] Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted…

Been scammed? ‘Crypto crimestoppers’ claim to help get crypto back

[Sep 25 1:45 PM] Private investigation firm Lionsgate claims it can help recover stolen crypto when going straight to the police fails.

BingX confirms the resumption of withdrawal services following hack

[Sep 20 9:53 PM] Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.

Bull cycles spark ‘some seemingly rational reason’ to compromise security: Ledger exec

[Sep 20 12:25 PM] Ian Rogers of Ledger stresses the importance of self-custody and warns against complacency during crypto market booms.

German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown

[Sep 20 12:30 AM] German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies…

US prosecutors oppose Mango Market exploiter's motion for acquittal

[Sep 19 9:48 PM] Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money.

Indian crypto exchange WazirX struggles to recover funds 60 days after hack

[Sep 19 1:00 PM] WazirX’s $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs. 

US Lawmaker Urges Release of Jailed Binance Employee

[Sep 19 9:30 AM] A U.S. lawmaker is calling for the release of a detained Binance executive in Nigeria. Representative James Hill believes the executive, Tigran Gambaryan, has significantly contributed to combating cybercrime in the U.S. and should not be…

Bitcoin Extortion Emails Demand Ransom, Show Google Maps of Victims’ Homes

[Sep 13 8:30 AM] The Douglas County Sheriff’s Office has alerted Minden, Nevada, residents to a scam involving threatening emails aimed at extorting money through bitcoin. The emails claim to possess personal details such as the victim’s home address…

New Android malware steals private keys from screenshots and images

[Sep 6 9:59 PM] According to a recent FBI warning, North Korean hackers are "aggressively targeting" the crypto industry with “well-disguised” attacks.

Penpie protocol exploited, suffers $27M loss

[Sep 3 9:39 PM] Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023.