Cybercrime
Europol seizes €27M in cryptocurrencies from drug traffickers
Europol has announced that it took down underground bankers suspected of moving and laundering the proceeds of large-scale drug trafficking.
Read more about Europol seizes €27M in cryptocurrencies from drug traffickers
Hacker behind Racoon Infostealer sentenced to 5 years in federal prison
An operator of the Racoon Infostealer malware, who previously faked his own death, was sentenced to 60 months in federal prison for one count of conspiracy to commit computer intrusion.
Read more about Hacker behind Racoon Infostealer sentenced to 5 years in federal prison
Authorities arrest 800 crypto romance scammers in Nigeria targeting Americans, Europeans
Nearly 800 fraudsters, allegedly responsible for working a sophisticated romance scam targeting mostly Americans and Europeans on Instagram and WhatsApp, have been busted by Nigeria’s Economic and Financial Crimes Commission (EFCC).
Read more about Authorities arrest 800 crypto romance scammers in Nigeria targeting Americans, Europeans
First man in the US sent to prison for hiding bitcoin profit
For the first time, a man in the US has been sentenced to prison for cryptocurrency tax evasion.
Read more about First man in the US sent to prison for hiding bitcoin profit
Cybercrime platform selling PII busted by law enforcement, admins face 40+ years behind bars
Law enforcement agencies have shut down Rydox, an illegal platform known for selling personal information.
Read more about Cybercrime platform selling PII busted by law enforcement, admins face 40+ years behind bars
Another pastor charged with crypto fraud after setting up marketing scheme worth $5.9M
The year 2024 began and now ends with news that a pastor has been caught in a fraudulent crypto scheme.
Read more about Another pastor charged with crypto fraud after setting up marketing scheme worth $5.9M
Crypto scammers target victims via fake Telegram groups
A sophisticated new method to scam crypto users has been discovered on Telegram.
Read more about Crypto scammers target victims via fake Telegram groups
European police shut down major stolen data marketplace
European police authorities have dismantled a criminal network running an online marketplace described as a "central hub" for trading stolen data.
Read more about European police shut down major stolen data marketplace
Cyber bandits rely on AI to bypass biometric security measures in financial institutions
Biometric security was once heralded as a foolproof solution for any business. Now, bad actors can easily bypass these measures using deepfake technology.
Read more about Cyber bandits rely on AI to bypass biometric security measures in financial institutions
Founder of collapsed crypto giant Celsius admits to manipulations and fraud
Alex Mashinsky, the 59-year-old founder of the failed multibillion-dollar crypto lender Celsius Network, has pleaded guilty to two counts of fraud.
Read more about Founder of collapsed crypto giant Celsius admits to manipulations and fraud
“It’s inevitable,” says authorities after dismantling criminal-made “Matrix” platform
European authorities have dismantled Matrix, an encrypted messaging platform made by criminals for criminals.
Read more about “It’s inevitable,” says authorities after dismantling criminal-made “Matrix” platform
South Korean firm caught exporting satellite receivers with DDoS capabilities
A South Korean company has allegedly exported 240,000 satellite receivers with Distributed Denial-of-Service (DDoS) attack capabilities to an overseas client.
Read more about South Korean firm caught exporting satellite receivers with DDoS capabilities
Cyber drug empire mogul to spend life behind bars
Stanislav Moiseev, a darknet platform runner, has received a life sentence in a Russian prison for setting up the Hydra platform.
Read more about Cyber drug empire mogul to spend life behind bars
Notorious cybercriminal Wazawaka arrested in Russia
Russian authorities have arrested the notorious hacker Mikhail Pavlovich Matveev, better known by his alias, Wazawaka. With his help, three ransomware gangs collected over $200 million in ransom payments. The US State Department is offering a $10 million reward for information leading to his capture.
Read more about Notorious cybercriminal Wazawaka arrested in Russia
Former Fortnite player accused of meme coin scam
An Australian former professional Fortnite player has been accused of helping to steal $3.5 million via meme coin scams.
Read more about Former Fortnite player accused of meme coin scam
Snowflake hacker still on the loose – close to being identified
Hacking operations reach new heights as one of three Snowflake hackers defies capture.
Read more about Snowflake hacker still on the loose – close to being identified
€1.6M seized in illegal streaming network takedown
European authorities have dismantled one of the largest illegal streaming networks operating within and outside the European Union (EU).
Read more about €1.6M seized in illegal streaming network takedown
Election official, public figures ‘terrorized’ online by Florida dentist for years, FBI says
A Florida dentist pled guilty on Tuesday to making violent online threats to multiple public figures, including an election official, in what the FBI called a “year-long campaign of terror.”
Read more about Election official, public figures ‘terrorized’ online by Florida dentist for years, FBI says
Interpol busts major cybercrime centers in Africa, over 1000 arrested
Police in 19 African countries have dealt a major blow to cybercriminals behind ransomware, business email compromise, credit card frauds, and other types of scams that have affected more than 35,000 people and caused $193 million in financial losses worldwide.
Read more about Interpol busts major cybercrime centers in Africa, over 1000 arrested
Japan’s dark side hustles: yamibaito explained
Social media and encrypted apps are luring Japan’s youth into crime through “yamibaito schemes,” while AI tools help authorities crack down on them.
Read more about Japan’s dark side hustles: yamibaito explained
