November 15, 2024 at 01:39AM Ilya Lichtenstein has been sentenced to five years in prison for his role in the 2016 Bitfinex hack, which stole nearly 120,000 bitcoins. His wife, Heather Morgan, also pleaded guilty and will be sentenced soon. Authorities linked their arrests to laundering schemes involving fake identities and cryptocurrency exchanges. ### Meeting … Read more
November 7, 2024 at 01:16PM North Korean cryptocurrency hackers have been targeting macOS users by using deceptive PDF applications, backdoors, and innovative persistence techniques to infiltrate systems. ### Meeting Takeaways: 1. **Threat Overview**: North Korean cryptocurrency thieves are actively targeting macOS users. 2. **Method of Attack**: Attackers are utilizing fake PDF applications to execute their … Read more
November 1, 2024 at 05:45PM AU10TIX released its Q3 2024 Global Identity Fraud Report at Money 20/20, highlighting a surge in automated bot attacks targeting social media, particularly before the US presidential election. The report notes advancements in AI-driven fraud techniques, including synthetic selfies, emphasizing the need for behavior-based detection and enhanced verification systems. **Meeting … Read more
October 11, 2024 at 01:32AM The FBI created a cryptocurrency, NexFundAI, to monitor and apprehend suspected fraudsters, resulting in arrests in three countries. The initiative targeted alleged “wash trading” schemes aimed at misleading investors. Charges were filed against several individuals and organizations, including Saitama, for manipulating crypto markets and making false statements. ### Meeting Takeaways: … Read more
October 7, 2024 at 05:54PM LEGO website was briefly hacked by cryptocurrency scammers on Friday. The breach lasted 75 minutes, promoting a fake LEGO token purchasable with Ethereum. The scam linked visitors to Uniswap to buy the token. LEGO confirmed the breach, assuring no compromised user accounts and implementing measures to prevent future breaches. The … Read more
September 19, 2024 at 06:57PM Two suspects, Malone Lam and Jeandiel Serrano, were arrested in Miami for stealing over $230 million in cryptocurrency. They gained unauthorized access to victims’ crypto accounts, laundered the proceeds, and financed lavish lifestyles. Investigators identified a third conspirator known as “Wiz.” The FBI tracked the suspects through their spending and … Read more
September 17, 2024 at 05:02PM The Marko Polo cybercrime gang is an escalating global financial threat, orchestrating at least 30 concurrent fraud campaigns and utilizing advanced malware to compromise tens of thousands of devices. They impersonate popular brands like Zoom and Discord to target individuals and organizations in gaming, virtual meetings, and cryptocurrency markets, employing … Read more
June 26, 2024 at 02:52PM Remy St Felix, a 24-year-old leader of an international robbery crew, was convicted in the US for carrying out violent home invasions to steal cryptocurrency tokens. He led the gang in stealing hundreds of millions of dollars’ worth of crypto through kidnappings and terrorizing wealthy victims. St Felix faces a … Read more
June 6, 2024 at 09:35AM The US Justice Department seeks to recover over $5 million stolen from a trade union by cyber scammers through a BEC scam. The fraud involved spoofing emails, recruiting money mules, and rapidly moving funds between bank accounts. The department aims to stop such scams, which cause estimated daily losses of … Read more
May 28, 2024 at 09:33AM Chirag Tomar, an Indian national, has pleaded guilty to wire fraud conspiracy in the U.S. for stealing over $37 million by creating a fake cryptocurrency exchange website. The site tricked users into disclosing login details, enabling the theft. The case is part of a wider crackdown on international cybercrime, including … Read more