Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and has been sentenced to four months in prison. Kwon’s colleague and former Terraform Labs …
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Hive ransomware group was not your average crime syndicate. Formed by a conglomeration of elite hacking teams, instead of scattered individuals, the group operated more like a parent company, …
Cryptocurrency crime is flourishing, according to multiple year-end reports. For starters, cryptocurrency losses due to cyber theft rose to $3.7 billion last year. That’s a 58% increase over the $2.3 …
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The cryptocurrency phishing scammer behind some of the most high-profile and high-value Web3 thefts claims to have packed up shop, saying it was “time to move on to something better.” The scammer with …
Continue Reading about Notorious Monkey Drainer crypto scammer says they’re ‘shutting down’
After filing for a plea change last week, Reginald Fowler pled guilty today to bank fraud, bank fraud conspiracy, operation of an unlicensed money transmitting business, conspiracy to operate an …
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Crypto exchange Binance has recovered a small fraction of the $622 million stolen from Sky Mavis’s Ethereum sidechain Ronin last month, according to a tweet by exchange CEO Changpeng “CZ'' Zhao early …
Continue Reading about Binance Recovers $5.8M Linked to Axie Infinity Hack
Fraudsters are targeting cryptocurrency account holders with Bots designed to steal two-factor authentication tokens and steal money from the compromised accounts. The bots contact the victims on the …
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It’s not just lucky investors getting rich from crypto. Hackers have made off with billions of dollars in virtual assets in the past year by compromising some of the cryptocurrency exchanges that have …
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Cryptocurrency exchange Poloniex has enforced a password reset for all customers after it was impacted by a data leak. However, many users believed that the password reset email was a phishing …
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Research shows that the majority of cryptocurrency exchanges are not equipped to handle basic KYC. Nations only have seven months left to pass laws and virtual asset service providers to comply with …
Continue Reading about 2019 experienced massive spate of crypto crimes, $4.4 billion to date
