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Cryptocurrency Cybercrime Digital Trust

The $40 Billion Scam Economy: Eroding Trust and The Need for Secure Digital Systems

Posted on: June 2, 2025

A recent UN report reveals that scam networks across East and Southeast Asia generate nearly $40 billion annually. This illicit economy exploits weaknesses in infrastructure, regulatory frameworks, and […]

Blockchain Cryptocurrency Cybercrime

Cryptocrime on the Rise: Professional Networks Fueling Illicit Activity

Posted on: June 2, 2025

The cryptocurrency market is experiencing a surge in criminal activity. Sophisticated organized crime networks are leveraging blockchain technology to launder money, extort funds, and disrupt exchanges. While illicit […]

Blockchain Crypto Cybercrime Money Laundering Ransomware

Ransomware Evolves in the Web3 Era: Crypto-Chain Fuels New Attacks and Money Laundering

Posted on: June 2, 2025

While ransomware payment volume dropped 35% in 2024, a deeper look reveals that criminals have shifted tactics. Blockchain’s pseudonymity enables financial infrastructure for cyber extortion through new attack […]

Cryptosecurity Cybercrime Teens

ZachXBT Calls for Stricter Penalties After Teenager Steals $37 Million in Crypto

Posted on: June 1, 2025

Crypto sleuth ZachXBT has called for stronger penalties against cyber criminals targeting digital assets, citing a recent high-value case involving the alleged theft of $37 million. ZachXBT’s comments […]

Cryptocurrency Cybercrime France

France Unveils Suspects in Cryptocurrency Kidnappings Spree

Posted on: June 1, 2025

In a dramatic escalation, French authorities have arrested 25 individuals suspected of orchestrating a series of violent kidnappings targeting cryptocurrency owners. These incidents, primarily centered around affluent Paris […]

Cybercrime Legal Reform SIM Card Fraud

SIM Card Fraud: Call for Stronger Penalties in Canada & EU

Posted on: June 1, 2025

Crypto investigator ZachXBT has sparked a debate on the need for stricter punishments for SIM card fraud, specifically highlighting the loopholes within current legal frameworks in both Canada […]

Cryptocurrency Cybercrime Sanctions

US Sanctions Philippine Tech Firm Over Crypto Scams

Posted on: June 1, 2025

The US Treasury has imposed sanctions on Funnull Technology Inc., a Philippine-based tech firm accused of facilitating over $200 million in crypto scams. These sanctions effectively freeze assets […]

Crypto Security Cybercrime Lazarus Group

BitMEX Identifies Vulnerabilities Exposed by Lazarus Group in Cryptocurrency Security

Posted on: May 31, 2025

Cryptocurrency exchanges face a constant threat from cyberattacks, and recent findings by BitMEX reveal new vulnerabilities exploited by the notorious Lazarus Group. This shadowy cybercrime syndicate, linked to […]

Cybercrime Lazarus Group North Korea

BitMEX Uncovers Security Gaps in Lazarus Group’s Operations

Posted on: May 31, 2025

A security investigation conducted by BitMEX has revealed vulnerabilities within the operational security of Lazarus Group, a North Korean-backed cybercrime syndicate. This investigation uncovered IP addresses, database entries, […]

Cryptocurrency Cybercrime Kidnapping

Crypto Kidnap Gone Wrong: Russian Couple Escapes From Ransom, Spurring International Hunt

Posted on: May 30, 2025

A shocking case of crypto-related kidnapping has unfolded in Argentina, with a Russian couple escaping from their captors after being lured into a scheme involving fake investments. The […]

Coinbase Cryptosecurity Cybercrime

Teen Hackers Exploit Indian Call Center to Compromise Coinbase

Posted on: May 30, 2025

A massive security breach at Coinbase has left over 69,000 users vulnerable. Instead of sophisticated hacking tactics, the attackers leveraged a cost-cutting strategy: bribing call center workers in […]

Cryptocurrency Cybercrime Scam

U.S. Treasury Targets Philippine Firm in $200 Million Crypto Scam Network

Posted on: May 30, 2025

The U.S. Treasury Department has announced sanctions against Funnull, a Philippine firm linked to a major cryptocurrency scam operation that reportedly fleeced victims of over $200 million. The […]

Cryptocurrency Laundering Cybercrime Huione Group

U.S. Treasury Targets Huione Group for $4 Billion Laundering Scheme

Posted on: May 30, 2025

The U.S. Treasury Department has announced sanctions against the Cambodia-based Huione Group, accused of laundering over $4 billion in illicit funds, including substantial amounts linked to North Korean […]

Cryptocurrency Cybercrime Kidnapping

Crypto Couple Kidnapped in Buenos Aires, $43K Bitcoin Ransom Paid

Posted on: May 30, 2025

A Russian crypto couple was abducted in Buenos Aires on May 23, 2025, after being lured to a residence under false pretenses. They were ultimately released following the […]

Cryptocurrency Cybercrime Digital Security

Crypto Entrepreneur Arrested After Torture Scheme Targeting Italian Tourist’s Cryptocurrency

Posted on: May 28, 2025

Miami cryptocurrency entrepreneur William Duplessie has surrendered to authorities following a three-week kidnapping and torture scheme targeting an Italian tourist’s bitcoin wallet. Police discovered disturbing images documenting the […]

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