2 / 3 Relevant items tagged with #Cybercrime

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Missouri Man Arrested for Extorting Former Employer With Bitcoin Ransom

[Aug 29 8:30 AM] A Missouri man, Daniel Rhyne, was arrested for attempting to extort his former employer, a New Jersey-based industrial company. Rhyne, a former core infrastructure engineer for the company, allegedly sent an extortion email on Nov. 25, 2023…

Paris Prosecutor’s Office Reveals Telegram CEO’s Arrest in Major Cybercrime Probe

[Aug 26 6:45 PM] The Paris Public Prosecutor’s Office has disclosed the arrest of Telegram CEO Pavel Durov, who was detained at Le Bourget airport on August 24, 2024. Durov is currently in police custody as part of an extensive judicial investigation. The probe…

Russian Cybercriminal Extradited to US in Crypto Crime Case

[Aug 26 2:30 AM] A Russian cybercriminal, Deniss Zolotarjovs, has been charged in the U.S. with crimes related to his involvement in a cybercrime organization known for extorting victims and laundering cryptocurrency. The 33-year-old Moscow resident was indicted in…

99 Arrested in Philippine Crypto Scam Hub Raid

[Aug 23 8:30 AM] Philippine police have arrested 99 individuals during a raid on a suspected scam hub in Parañaque City, uncovering a fraudulent cryptocurrency and romance scheme involving foreign and local workers. The company was unregistered and forced employees…

Crypto-Stealing Malware ‘Styx Stealer’ Exposed by Hacker’s Critical Mistake

[Aug 17 2:30 AM] Check Point Research (CPR) has uncovered Styx Stealer, a new malware capable of stealing browser data, cryptocurrency, and instant messenger sessions. Styx Stealer is a variant of Phemedrone Stealer and includes new features like auto-start and…

Germany’s Information Security Office champions hardware wallets

[Aug 16 5:49 PM] According to a recent Chainalysis report, thefts resulting from crypto hacks and exploits have totaled $1.58 billion in 2024.

ZachXBT claims 21 North Korea crypto devs are making $500K a month

[Aug 16 1:49 AM] Onchain sleuth ZachXBT claims to have found a network of North Korean developers who have been working on dozens of crypto projects.

Missing 'Cryptoqueen' Ruja Ignatova has assets frozen by UK court

[Aug 7 9:59 PM] The “Cryptoqueen” has not been seen since 2017, as investigative authorities worldwide continue to seek information on her whereabouts.

New York DA’s Office Hiring Full-Time Crypto Analyst for Cybercrime Bureau

[Aug 3 1:35 AM] The New York County District Attorney’s Office is hiring a full-time cryptocurrency analyst for its Cybercrime and Identity Theft Bureau. This role involves analyzing cryptocurrency theft complaints, conducting blockchain transaction…

Bitfinex hacker Heather Morgan spotted at Bitcoin Conference 2024

[Jul 29 3:39 PM] Heather Morgan, aka Razzlekhan, has been spotted in several Bitcoin events, the latest at the Bitcoin Conference 2024.

Investor shares story of falling victim to $100K crypto hack

[Jun 28 6:24 AM] “I thought that my heart would stop,” said Matthias Mende, who told Cointelegraph how he felt when he realized he lost $100,000 in crypto assets to a hacker.

Vietnamese Hackers Indicted in US for $71M Cybercrime Involving Cryptocurrency

[Jun 21 8:17 PM] Four Vietnamese nationals were charged in a U.S. court for a series of cyber intrusions causing over $71 million in losses. The defendants, part of the cybercrime group “FIN9,” allegedly hacked U.S. companies from May 2018 to October…

Fake ID crypto exchange sign-ups attract 2-year prison sentence

[Jun 21 1:41 AM] Australian authorities sentenced a man who had used other people’s identities to open accounts on crypto exchanges.

APAC crypto crime spikes amid legal resource shortages: Chainalysis report

[Jun 20 7:00 AM] APAC’s struggle with increasing crypto crime is exacerbated by a shortage of legal resources and inadequate training for law enforcement.

Crystal Intelligence Report Reveals $19 Billion Lost in Crypto Crimes Over 13 Years

[Jun 12 1:26 PM] In a comprehensive new report, Crystal Intelligence, a blockchain analytics firm, details a significant $19 billion in losses due to cryptocurrency crimes over the past thirteen years. The study covers a timeline from June 19, 2011, to March 6…

Bitcoin is no ‘silver bullet’ for money’s ethical problems

[Jun 10 7:31 AM] Both Bitcoin and fiat currency are often in the firing line over ethical concerns, with a dedicated group of defenders and critics.

U.S. DOJ busts botnet boss for orchestrating $130M cyberscam

[May 30 7:28 AM] Chinese national Yunhe Wang has been accused of hijacking over 19 million private IP addresses and reselling them to criminals for nefarious use.

Blockchain can help eliminate cybercrime threats

[May 29 7:30 AM] Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide.

Indian Citizen Faces 20 Years in US Prison for Stealing Crypto in $37M Coinbase Spoofing Scam

[May 25 7:22 PM] An Indian national has pleaded guilty in the U.S. to wire fraud conspiracy for stealing over $37 million by spoofing crypto exchange Coinbase’s website. He and his co-conspirators created a fake Coinbase Pro site to steal login credentials…

279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown

[May 12 11:15 AM] The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S…

Interpol Nigeria boosts cybersecurity with virtual asset training

[May 11 6:22 AM] The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins.

BIS advises central banks to plan in advance for CBDC security

[Nov 29, 2023 12:30 PM] From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.

Australian regulators will compel businesses to report cyberattacks: Report

[Nov 13, 2023 1:32 AM] This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged.

China declares stealing digital collections like NFTs liable for criminal theft sentence

[Nov 10, 2023 5:44 AM] The Chinese government says theft of digital collections violates the protection law and interests of the crime of illegally obtaining computer information system data.

Can crypto Privacy Pools help balance privacy and regulation?

[Nov 9, 2023 8:01 AM] When it comes to privacy and regulation, could Vitalik Buterin’s Privacy Pools be the answer?

India trained 3,000 police officials on crypto investigations in 2022–2023

[Nov 9, 2023 3:42 AM] The Narcotics Control Bureau and the Indian Cyber Crime Coordination Centre trained 141 officials and over 2,800 officers in the financial year 2022–2023.

UK seeks six crypto investigators to beef up National Crime Agency

[Nov 2, 2023 1:23 AM] The role demands candidates to have the ability to provide strategic and tactical advice to crypto investigations, among other investigative qualities.

October sees a comparative lull in crypto crime with losses of $32.2M: CertiK

[Oct 31, 2023 11:16 AM] There is no clear downward trend in crypto crime, but a quiet month is undoubtedly more than welcome in the Web3 community.

Tether Freezes 32 Crypto Addresses Linked To Terrorism In Israel And Ukraine

[Oct 16, 2023 11:00 AM] Tether, the world’s largest stablecoin company, has reaffirmed its commitment to combating cryptocurrency-funded terrorism and warfare by collaborating with law enforcement agencies worldwide.  The company has frozen 32 addresses containing…

AI can be used in 'every single process' of JPMorgan’s operations, says CEO

[Oct 2, 2023 5:39 PM] JPMorgan’s CEO Jamie Dimon pointed to trading, hedging, research and error detection as just some of the processes that can be streamlined by AI.