Nov 09, 2024Ravie LakshmananCryptocurrency / Cybercrime The 36-year-old founder of the Bitcoin Fog cryptocurrency mixer has been sentenced to 12 years and six months in prison for facilitating money laundering activities between 2011 and 2021. Roman Sterlingov, a dual Russian-Swedish national, pleaded guilty to charges of money laundering and operating an unlicensed … [Read more...] about Bitcoin Fog Founder Sentenced to 12 Years for Cryptocurrency Money Laundering
Cryptocurrency
FBI Creates Fake Cryptocurrency to Expose Widespread Crypto Market Manipulation
Oct 12, 2024Ravie LakshmananCryptocurrency / Cybercrime The U.S. Department of Justice (DoJ) has announced arrests and charges against several individuals and entities in connection with allegedly manipulating digital asset markets as part of a widespread fraud operation. The law enforcement action – codenamed Operation Token Mirrors – is the result of the U.S. Federal Bureau … [Read more...] about FBI Creates Fake Cryptocurrency to Expose Widespread Crypto Market Manipulation
Indian National Pleads Guilty to $37 Million Cryptocurrency Theft Scheme
An Indian national has pleaded guilty in the U.S. over charges of stealing more than $37 million by setting up a website that impersonated the Coinbase cryptocurrency exchange platform. Chirag Tomar, 30, pleaded guilty to wire fraud conspiracy, which carries a maximum sentence of 20 years in prison and a $250,000 fine. He was arrested on December 20, 2023, upon entering the … [Read more...] about Indian National Pleads Guilty to $37 Million Cryptocurrency Theft Scheme
New Phishing Kit Leverages SMS, Voice Calls to Target Cryptocurrency Users
Mar 01, 2024NewsroomPhishing Kit / Cryptocurrency A novel phishing kit has been observed impersonating the login pages of well-known cryptocurrency services as part of an attack cluster designed to primarily target mobile devices. "This kit enables attackers to build carbon copies of single sign-on (SSO) pages, then use a combination of email, SMS, and voice phishing to trick … [Read more...] about New Phishing Kit Leverages SMS, Voice Calls to Target Cryptocurrency Users
RustDoor macOS Backdoor Targets Cryptocurrency Firms with Fake Job Offers
Feb 16, 2024NewsroomEndpoint Security / Cryptocurrency Several companies operating in the cryptocurrency sector are the target of a newly discovered Apple macOS backdoor codenamed RustDoor. RustDoor was first documented by Bitdefender last week, describing it as a Rust-based malware capable of harvesting and uploading files, as well as gathering information about the … [Read more...] about RustDoor macOS Backdoor Targets Cryptocurrency Firms with Fake Job Offers
North Korea’s Lazarus Group Launders $900 Million in Cryptocurrency
Oct 06, 2023NewsroomCyber Crime / Cryptocurrency As much as $7 billion in cryptocurrency has been illicitly laundered through cross-chain crime, with the North Korea-linked Lazarus Group linked to the theft of roughly $900 million of those proceeds between July 2022 and July of this year. "As traditional entities such as mixers continue to be subject to seizures and sanctions … [Read more...] about North Korea’s Lazarus Group Launders $900 Million in Cryptocurrency
New Stealthy Bandit Stealer Targeting Web Browsers and Cryptocurrency Wallets
A new stealthy information stealer malware called Bandit Stealer has caught the attention of cybersecurity researchers for its ability to target numerous web browsers and cryptocurrency wallets. "It has the potential to expand to other platforms as Bandit Stealer was developed using the Go programming language, possibly allowing cross-platform compatibility," Trend Micro said … [Read more...] about New Stealthy Bandit Stealer Targeting Web Browsers and Cryptocurrency Wallets
Cryptocurrency Stealer Malware Distributed via 13 NuGet Packages
Apr 11, 2023Ravie LakshmananSoftware Security / Cryptocurrency Cybersecurity researchers have detailed the inner workings of the cryptocurrency stealer malware that was distributed via 13 malicious NuGet packages as part of a supply chain attack targeting .NET developers. The sophisticated typosquatting campaign, which was detailed by JFrog late last month, impersonated … [Read more...] about Cryptocurrency Stealer Malware Distributed via 13 NuGet Packages
Parallax RAT Targeting Cryptocurrency Firms with Sophisticated Injection Techniques
Mar 01, 2023Ravie LakshmananCryptocurrency / Cyber Attack Cryptocurrency companies are being targeted as part of a new campaign that delivers a remote access trojan called Parallax RAT. The malware "uses injection techniques to hide within legitimate processes, making it difficult to detect," Uptycs said in a new report. "Once it has been successfully injected, attackers can … [Read more...] about Parallax RAT Targeting Cryptocurrency Firms with Sophisticated Injection Techniques
How scammers steal cryptocurrency from Twitter users
The best way to avoid falling for scams is to always think critically, even skeptically. What would you do, say, if someone sent you a DM on Twitter with the login credentials for some cryptocurrency account asking for help to withdraw money from it? The right thing to do would be to ignore the message. But maybe, just maybe, it’s for real? What if this is your chance to get … [Read more...] about How scammers steal cryptocurrency from Twitter users