October 10, 2024 at 02:39AM Dutch police arrested the alleged administrators of the Bohemia and Cannabia dark web marketplaces after they attempted an “exit scam” to flee with €5 million in earnings. These sites facilitated approximately 67,000 illegal transactions monthly, primarily involving cannabis, before being shut down amid an international investigation. ### Meeting Takeaways 1. … Read more
October 2, 2024 at 02:31AM Malicious packages posing as cryptocurrency wallet recovery services were found in the Python Package Index. They targeted users of prominent wallet services, offering utility functions while secretly stealing sensitive wallet data. The attack exploited open-source trust and dynamic malicious capabilities, highlighting the need for comprehensive security measures in the cryptocurrency … Read more
October 1, 2024 at 12:51PM The Rhadamanthys information stealer has incorporated AI for optical character recognition, enabling it to extract cryptocurrency wallet seed phrases from images and sell the sensitive information for $250 per month. Despite facing bans, the malicious software continues to evolve, releasing a new version in June 2024 with enhanced features to … Read more
September 30, 2024 at 06:05PM The U.S. SEC charged U.K. citizen Robert B. Westbrook with hacking into the computer systems of five U.S. public companies, accessing confidential earnings information, and conducting insider trading. Westbrook made illegal profits of approximately $3,750,000 from 14 trades. He now faces civil and criminal charges, which may result in prison … Read more
September 29, 2024 at 09:30PM Cryptocurrency exchange Binance assisted Indian authorities in investigating a scam gaming app. The alleged perpetrators operated accounts on Binance, which helped Indian authorities trace the app’s involvement in a cross-border criminal network. Separately, SpaceX expressed interest in investing $1.5 billion in Vietnam, while Singapore launched submarines to defend its waters … Read more
September 27, 2024 at 02:01PM The U.S. Department of Justice has charged two Russian nationals, Sergey Ivanov and Timur Shakhmametov, for money laundering and cybercrimes, including operating carding markets and cryptocurrency exchanges involving billions of dollars. Authorities also targeted Cryptex and seized servers hosting PM2BTC, leading to rewards for information on the individuals’ whereabouts. Additionally, … Read more
September 10, 2024 at 10:33AM The FBI’s annual report on crypto-related cybercrime highlights a grim reality, with over $5.6 billion in losses in the US in 2023, a 45% increase from the previous year. Those aged 60 and over are the most vulnerable, falling victim to investment scams promising huge returns from cryptocurrency. The FBI … Read more
September 9, 2024 at 05:09AM A recent mobile malware campaign known as SpyAgent is targeting Android device users in South Korea and the U.K. Through deceptive apps, it aims to steal mnemonic keys and gain access to cryptocurrency wallets, potentially leading to fund theft. The campaign demonstrates sophisticated evasion techniques and marks a concerning trend … Read more
September 6, 2024 at 11:45AM A critical security flaw (CVE-2024-36401, CVSS 9.8) in OSGeo GeoServer GeoTools has been exploited in campaigns distributing cryptocurrency miners, botnet malware, and the SideWalk backdoor. The attacks target IT providers in India, U.S. tech firms, Belgian government entities, and telecom companies in Thailand and Brazil. CISA and Fortinet have detected … Read more
September 4, 2024 at 09:23PM The FBI warned of North Korean operatives planning intricate social engineering attacks on DeFi organization employees to steal cryptocurrency. The scammers use sophisticated tactics and target cryptocurrency-related businesses. North Korea’s efforts to obtain digital assets have become more refined, posing cybersecurity risks. The FBI also provided indicators of potential scam … Read more