Tornado Cash Founders Charged in Billion-Dollar Crypto Laundering Scandal

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The U.S. Justice Department (DoJ) charged two founders of the Tornado Cash cryptocurrency mixer business with laundering more than $1 billion in illegal proceeds in an indictment that was unsealed on Wednesday. Roman Storm and Roman Semenov have both been accused of conspiring to commit money laundering, to violate sanctions, and to run an unregistered […]

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FBI Alert: Crypto Scammers are Masquerading as NFT Developers

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The U.S. Federal Bureau of Investigation (FBI) has issued a warning about online thieves who pose as non-fungible token (NFT) creators in order to steal cryptocurrencies and other digital assets from unwary consumers. In these fraudulent schemes, fraudsters frequently use deceptive advertising strategies to generate a sense of urgency to pull them off, either by

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Couple Pleads Guilty to Money Laundering in $3.6 Billion Bitfinex Hack

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In connection with the 2016 hack of cryptocurrency stock exchange Bitfinex, which resulted in the theft of around 120,000 bitcoin, a married couple from New York City has admitted guilt on counts of money laundering. The news comes more than a year after Ilya Lichtenstein, 35, and his wife Heather Morgan, 33, were taken into

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HotRat: New AsyncRAT Malware Variant Spreading Via Pirated Software

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A new variant of AsyncRAT malware dubbed HotRat is being distributed via free, pirated versions of popular software and utilities such as video games, image and sound editing software, and Microsoft Office. According to Martin a Milánek, security researcher at Avast, “HotRat malware gives attackers a wide range of capabilities, including stealing login credentials, cryptocurrency

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Apple Plans To Stop FaceTime and iMessage For iPhones in the UK.

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In reaction to new measures that would increase the amount of digital surveillance that state intelligence agencies are allowed to conduct, Apple has issued a warning that it would prefer to discontinue providing iMessage and FaceTime services in the U.K. than give in to pressure from the government. The iPhone manufacturer is the most recent

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INTERPOL Nabs West African Hacking Crew Leader Behind $11 Million Cybercrime

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According to Interpol, a suspected senior member of the French-speaking hacker group OPERA1ER has been detained as part of a global law enforcement investigation known as Nervone. “The group is believed to have stolen an estimated USD 11 million — potentially as much as 30 million — in more than 30 attacks across 15 countries

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Hackers Steal $20 Million From Revolut Bank

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Early in 2022, malicious actors took advantage of an undiscovered weakness in Revolut’s payment infrastructure to steal more than $20 million from the business. The Financial Times reported the situation and cited numerous unnamed sources who were aware of the occurrence. The breach hasn’t been made publically known. The problem was caused by differences between

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Cyclops Ransomware Gang Offers Go-Based Info Stealer to Cybercriminals

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Threat actors linked to the Cyclops ransomware have been seen promoting malware that is intended to steal sensitive information from compromised PCs. In a recent analysis, Uptycs noted that “the threat actor behind this [ransomware-as-a-service] promotes its offering on forums.” There, it demands a cut of the money made by anyone who use its virus

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Globus Bank Gets Hacked – 1 Billion Naira Stolen By Hackers

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Globus Bank Limited has requested a court order for the recovery of N962,019,843.35 that was hacked and fraudulently moved electronically from its vault into accounts held at eight commercial banks in an application that was filed before the Lagos Magistrate Court. The entire amount of N1,755,376,156.34 that was moved from the bank between Monday, June

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Fleckpe Android Malware Sneaks onto Google Play Store with Over 620,000 Downloads

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Since 2022, there have been over 620,000 downloads of Fleckpe, a new Android subscription virus, from the Google Play Store. According to Kaspersky, which discovered 11 apps on the official app storefront, the virus was portrayed as authentic picture editing, camera, and smartphone wallpaper packs. The apps have since been taken down. Although the Russian

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