Remove 2016 Remove Cryptocurrency Remove Identity Theft
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Nine Charged in Alleged SIM Swapping Ring

Krebs on Security

million stealing cryptocurrencies and extorting people for restoring access to social media accounts that were hijacked after a successful SIM-swap. They face a fifteen count indictment, including charges of wire fraud, conspiracy and aggravated identity theft (a charge that carries a mandatory two-year sentence).

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U.S. authorities seized cybercrime marketplace Rydox

Security Affairs

The Rydox marketplace has been active since February 2016, it facilitated over 7,600 sales of stolen PII, access devices, and cybercrime tools, generating $230,000 since 2016. The US authorities also seized $225,000 in cryptocurrency. Thousands of U.S. victims were affected.

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Alexander Vinnik, the operator of BTC-e exchange, pleaded guilty to money laundering

Security Affairs

Alexander Vinnik , a Russian national, pleaded guilty to conspiracy to commit money laundering for his involvement in operating the cryptocurrency exchange BTC-e from 2011 to 2017. Greek Police arrested the Russian national in 2017, and they accused the man of running the BTC-e Bitcoin exchange to launder billions worth of cryptocurrency.

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DoJ charged 19 individuals in a transnational cybercrime investigation xDedic Marketplace

Security Affairs

The black marketplace has been active since 2014, it was first analyzed by experts at Kaspersky Lab in 2016. In 2016 the service was offering up to 70,000 hacked servers for as little as $6, and with 416 registered sellers in 173 countries, the platform was operating a highly successful global business model.

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85 Millions of voter records available for sale ahead of the 2018 US Midterm Elections

Security Affairs

” The availability of such kind of data exposes voters to sophisticated identity theft. “Thousands of Instagram followers, Facebook likes, YouTube views and Twitter retweets are available for a small amount of cryptocurrency on the dark web. Most of the records belong to New York, 15 million voters, and Florida, 12.5

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Global Law Enforcement Shuts Down Two of the Largest Cybercrime Forums

SecureWorld News

Nulled: 5 million users and identity theft at scale Operating since 2016, Nulled specialized in selling stolen identification documents, hacking tools, and access to compromised accounts. Authorities have placed seizure banners on all affected domains, notifying users that the platforms have been taken down by law enforcement.

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The State of Blockchain Applications in Cybersecurity

eSecurity Planet

Since blockchain’s arrival, cryptocurrency has framed the technology as permissionless, or a public blockchain. Beyond financial exchange, permissionless blockchains offer strong security through decentralization, and potential use cases include identity verification, voting, and fundraising. Cryptocurrency Risks for Coins.