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How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. A machine-translated version of Flymoney, one of dozens of cryptocurrency exchanges apparently nested at Cryptomus.

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Dutch police dismantled dual dark web market ‘Bohemia/Cannabia’

Security Affairs

Dutch police dismantled Bohemia/Cannabia, two major dark web markets for illegal goods, drugs, and cybercrime services. It is the largest and longest running international dark web market of all time worldwide.” The authorities also seized two vehicles and €8 million worth of cryptocurrency.

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Feds Take Down 13 More DDoS-for-Hire Services

Krebs on Security

Federal Bureau of Investigation (FBI) this week seized 13 domain names connected to “ booter ” services that let paying customers launch crippling distributed denial-of-service (DDoS) attacks. Ten of the domains are reincarnations of DDoS-for-hire services the FBI seized in December 2022, when it charged six U.S.

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DDoS attacks in Q4 2020

SecureList

While the resource was down, cryptocurrency newbies were invited to download a copy of Bitcoin Core via a torrenting service. Cybercriminals used the names of well-known APT groups to intimidate victims, demanded ransoms in cryptocurrency, and carried out demonstration attacks to back up their threats.

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Empire Market owners charged with operating $430M dark web marketplace

Security Affairs

Federal authorities charged two individuals with operating the dark web marketplace Empire Market that facilitated over $430 million in illegal transactions. currency on AlphaBay before starting Empire Market. “They began operating Empire Market on Feb. “They began operating Empire Market on Feb.

Marketing 130
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Conti Ransomware Group Diaries, Part IV: Cryptocrime

Krebs on Security

This final post on the Conti conversations explores different schemes that Conti pursued to invest in and steal cryptocurrencies. This wealth allowed Conti to do things that regular investors couldn’t — such as moving the price of cryptocurrencies in one direction or the other. “Cryptocurrency article contest!

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German police seized the darknet marketplace Nemesis Market

Security Affairs

The German police seized the infrastructure of the darknet marketplace Nemesis Market disrupting its operation. The law enforcement confiscated about 94,000 euros worth of cryptocurrencies. The Nemesis Market recently reached over 150,000 users and over 1,100 seller accounts registered worldwide.

Marketing 131