Police in Gujarat, India, have arrested a resident of Surat, Chetan Gangani, for his alleged role in facilitating a transfer of ₹10 crore from Indian accounts to a […]
US Government Seizes Stolen Bitcoin from Cambodian Businessman
The US Department of Justice has seized a significant sum of bitcoin worth approximately $15 billion stolen from a Cambodian businessman, Chen Zhi, in 2020. The seizure follows […]
Cryptocurrency Investor Safety Under Siege: New Threats Emerge
The world of cryptocurrencies is facing new challenges as cybercriminals devise increasingly sophisticated tactics to exploit investors. A recent example is the Balancer breach, which resulted in a […]
Australia Targets North Korea’s Cybercrime Networks in New Sanctions
The Australian government has implemented financial sanctions and travel bans against four entities and an individual accused of involvement in cybercrime to fund North Korea’s illegal weapons programs. […]
Australia Targets North Korean Hackers in Crypto Theft Sanctions
Australia has imposed sanctions on four North Korean hacking groups, including Lazarus, accused of stealing $1.25 billion worth of cryptocurrency last year, targeting Ethereum and Bitcoin. These entities […]
U.S. Targets DPRK Cybercriminals Laundering Cryptocurrency Funds
The U.S. Treasury Department has sanctioned eight individuals and two organizations for allegedly laundering cryptocurrency funds linked to North Korean state-sponsored cybercrime. These actions are aimed at disrupting […]
U.S. Treasury Targets North Korea’s Crypto Laundering Network
The U.S. Department of the Treasury expanded sanctions against entities linked to North Korean cybercrime and illicit IT work schemes, targeting a network accused of laundering funds for […]
Binance Receives Recognition for Combating Cybercrime in South Korea
Binance, the world’s leading cryptocurrency exchange, has been lauded by South Korea for its efforts in combating cybercrime. The company’s proactive role in securing South Korea’s digital frontier […]
North Korean Cybercrime Costs Billions, Driven by Crypto Heists and Laundering Networks
A new report from the Multinational Sanctions Monitoring Team (MSMT) highlights the alarming scale of North Korean cybercrime, revealing that hackers have stolen a staggering $2.83 billion worth […]
North Korea’s Cybercrime Surge: $2.83 Billion Stolen from Cryptocurrency Exchanges
Recent reports reveal that North Korean cybercriminals have stolen a staggering $2.83 billion in cryptocurrency since the start of 2024. This illicit activity, according to the Multinational Sanctions […]
North Korea Steals Over $2.8 Billion in Cryptocurrency, Driven by Cybercrime
A new report from the Multilateral Sanctions Monitoring Team (MSMT) reveals that North Korean hackers have stolen over $2.83 billion worth of cryptocurrency since January 2024. This amount […]
Europol Dismantles Massive $5.7 Million Cryptocurrency Phishing Ring
A coordinated investigation by Europol has dismantled a sophisticated cryptocurrency phishing operation responsible for defrauding victims of at least $5.7 million. The network, operating from Latvia and utilizing […]
Europol Dismantles Global Cybercrime Network SIMCARTEL
A global operation spearheaded by Europol has dismantled the infamous SIMCARTEL cybercrime syndicate, targeting fraudulent accounts and disrupting financial crimes worldwide. The takedown saw authorities seize millions in […]
Nigeria Recovers Funds From Cybercrime to Fund Social Programs
Nigerian Vice President Kashim Shettima announced that recovered funds from cybercrimes and corruption by the Economic and Financial Crimes Commission (EFCC) are being used to support social programs. […]
64 South Korean Citizens Deported from Cambodia Over Cybercrime Charges
Sixty-four South Koreans were recently repatriated from Cambodia, facing arrest for their involvement in online scams targeting both locals and international victims. The event highlights the complex intersection […]