crypto hackers

US Court Says $250 million stolen from unnamed crypto exchanges

US Court Says $250 Million Stolen from Unnamed Crypto Exchanges

Crypto exchanges and cryptocurrency companies may constantly be trying to improve their usability and security, but when there’s a weakness for hackers to exploit, they go big or go home. According to court documents released by Seamus Hughes at Program on Extremism, the United States District Court for the District of Columbia already convened a […]

lazarus group

US Govt. Sanctions 2 Chinese Nationals in Connection to Lazarus Group

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack. At the same time, the Department of Justice announced an indictment for money laundering against the same two individuals. Their activity is linked to Lazarus Group, […]

UK High Court freezes $1million bitcoin in ransomware case

UK High Court Freezes $1M of Bitcoin in Ransomware Case

A UK High Court ordered a proprietary injunction on Bitcoin obtained through a ransomware attack on a Canadian Insurance Company. The proprietary injunction is an order which prevents a person from dealing with their own assets when it is subject to a proprietary claim. The UK High Court releases documents concerning a ransomware attack on […]

bitcoin scammers

No Stopping for Bitcoin Scammers! Focus Shift to Prepaid Debit Cards

Bitcoin scammers find their way to extort money. If one way shuts for them, other ways tremendously get open for them. Despite strict regulations, the crypto scammers are now abandoning the cryptocurrency stealing and shifting their focus to prepaid debit cards. Kaspersky Lab (the cybersecurity company) releases the original findings. In its recent blog post, […]