Remove 2020 Remove Cryptocurrency Remove Cybercrime
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Two Russians Charged in $17M Cryptocurrency Phishing Spree

Krebs on Security

authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. Separately, the U.S.

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How Does One Get Hired by a Top Cybercrime Gang?

Krebs on Security

This post explores answers to those questions, as well as some of the ways Trickbot and other organized cybercrime gangs gradually recruit, groom and trust new programmers. For starters, it appears at one point in 2020 Witte actually hosted Trickbot malware on a vanity website registered in her name — allawitte[.]nl. Image: DOJ.

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Lawmakers Should Update The Anti-Money-Laundering Act Of 2020 To Account For Inflation

Joseph Steinberg

1, 2021, the United States government enacted as federal law the Anti-Money Laundering Act of 2020 (“the AML Act”), thereby instituting mandates that should enhance the ability of the United States to collaborate more effectively with the rest of the international community in efforts to reduce financial crimes.

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North Korea-linked threat actors stole $1.7 billion from cryptocurrency exchanges

Security Affairs

North Korea-linked threat actors are behind some of the largest cyberattacks against cryptocurrency exchanges. North Korea-linked APT groups are suspected to be behind some of the largest cyberattacks against cryptocurrency exchanges. billion (2 trillion won) worth of cryptocurrency from multiple exchanges during the past five years.

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Anti-Money Laundering Service AMLBot Cleans House

Krebs on Security

AMLBot , a service that helps businesses avoid transacting with cryptocurrency wallets that have been sanctioned for cybercrime activity, said an investigation published by KrebsOnSecurity last year helped it shut down three dark web services that secretly resold its technology to help cybercrooks avoid detection by anti-money laundering systems.

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Here’s Some Bitcoin: Oh, and You’ve Been Served!

Krebs on Security

A California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds. Dellone says the crooks then used his phone number to break into his account at Coinbase and siphon roughly $100,000 worth of cryptocurrencies. federal court.”

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Cryptocurrency exchange BuyUcoin hacked, data of 325K+ users leaked

Security Affairs

Indian cryptocurrency exchange Buyucoin suffered a security incident, threat actors leaked sensitive data of 325K users. A new incident involving a cryptocurrency exchange made the headlines, the India-based cryptocurrency exchange suffered a security incident, threat actors leaked sensitive data of 325K users on the Dark Web.