October 7, 2024 at 08:30PM The US government filed two lawsuits to recover over $2.67 million stolen by North Korea’s Lazarus Group. The first lawsuit stems from the 2022 Deribit hack, where about $28 million was drained and $1.7 million worth of Tether was recovered. The second lawsuit involves the alleged theft of $41 million … Read more
March 13, 2024 at 08:33AM US law enforcement seized $1.4 million worth of Tether tokens in a tech support scam targeting elderly victims. Perpetrators posed as tech support employees and bank representatives to fraudulently obtain victims’ funds, totaling over $12.5 billion in reported losses for 2023. The FBI identified and froze the fraudsters’ accounts, with … Read more
March 5, 2024 at 10:56AM The BlackCat ransomware gang is attempting to pull an exit scam by announcing the sale of their malware source code for $5 million, claiming the FBI seized their site. This follows complaints from affiliates and rumors of an exit scam, demonstrating the gang’s untrustworthiness and questionable operations in the past. … Read more
January 18, 2024 at 11:10AM The U.S. government proposed a 15-year prison sentence for Conor Brian Fitzpatrick, the administrator of the BreachForums hacking platform. He was arrested for facilitating the trade of stolen data and using unauthorized access devices. The government also seeks penalties for possession of child pornography and restitution to victims. Fitzpatrick’s final … Read more