November 9, 2024 at 01:12AM Roman Sterlingov, founder of the Bitcoin Fog cryptocurrency mixer, was sentenced to 12.5 years in prison for money laundering between 2011 and 2021. He must forfeit $395.56 million and his interest in a wallet holding 1,345 bitcoins. Bitcoin Fog laundered over $400 million for various cybercriminal activities. **Meeting Takeaways – … Read more
October 15, 2024 at 04:10PM The Finnish Customs office dismantled the darknet marketplace ‘Sipulitie’ by taking down its website and seizing its servers. This action targeted the platform where criminals anonymously sold illegal narcotics. **Meeting Takeaways:** 1. **Action Taken by Finnish Customs**: The Finnish Customs office has successfully shut down the darknet marketplace ‘Sipulitie’. 2. … Read more
October 4, 2024 at 03:02PM Russian law enforcement detained nearly 100 suspects connected to the Cryptex cryptocurrency exchange, UAPS anonymous payment service, and other platforms for illegal payments and stolen credentials. The individuals were arrested for organizing criminal activities, illegal payment processing, and banking activities. They made over $1.1 billion in 2023 and were linked … Read more
July 26, 2024 at 10:30AM Russian-speaking threat actors accounted for over two-thirds, surpassing $500 million, of all ransomware crypto proceeds in the previous year, according to TRM Labs. North Korea leads in cryptocurrency theft, with Asia leading in scams and fraud. Russians dominate in malicious crypto activities, encompassing cybercrime, illicit exchanges, and darknet markets. From … Read more
July 15, 2024 at 07:09AM Cybersecurity threat actors are exploiting the cyber ecosystem, offering services ranging from developing and selling infostealer malware to spreading and monetizing stolen data. Specialization and market evolution have lowered the barrier of entry, providing opportunities for anyone to profit from cybercrime. The pervasive problem calls for vigilance and proactive measures … Read more
March 26, 2024 at 04:45PM Cybercriminals are selling GEOBOX, a custom Raspberry Pi software, on Telegram for $80/month or $700/lifetime in cryptocurrency. The tool, discovered by Resecurity, enables anonymous cyberattacks using mini-computers, complicating tracking and investigation. GEOBOX provides fraud and anonymization capabilities, including GPS spoofing, network setting emulation, anti-fraud tools, routing through proxies, and user-friendly … Read more
March 24, 2024 at 01:33AM German authorities seized the digital infrastructure of Nemesis Market, an underground marketplace selling narcotics, stolen data, and cybercrime services. The operation, conducted with support from the U.S. and Lithuania, recovered €94,000 in cryptocurrency assets. Investigations are ongoing, but no arrests have been made. This follows recent law enforcement actions against … Read more
March 22, 2024 at 11:00PM German authorities dismantled a major online marketplace for drugs, cybercrime services, and fraudulently obtained credit card data. The Nemesis Market platform’s server infrastructure and 94,000 euros in cryptocurrency were seized in Germany and Lithuania. The platform operated on the darknet and had over 150,000 user accounts and 1,100 seller accounts. … Read more
March 22, 2024 at 12:19PM German police seized infrastructure for the Nemesis Market cybercrime marketplace in Germany and Lithuania, disrupting the site’s operation. The platform allowed illegal transactions, except for child abuse material, contract killings, weapons, and Fentanyl-based substances. Investigations began in October 2022, involving multiple agencies. Recent seizures of similar darknet marketplaces by German … Read more
March 19, 2024 at 02:22PM The Ukrainian cyber police, in collaboration with national police, have arrested three individuals accused of hijacking over 100 million emails and Instagram accounts worldwide, using specialized software to brute-force account passwords. The cybercriminals sold access to compromised accounts and are charged with unauthorized interference in information systems, with a potential … Read more