Category : Scams, Hacks & Breaches
U.S. Treasury Sanctions Russian Crypto Wallet Linked to Ransomware Operations
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has just added the bulletproof hosting (BPH) services provider Aeza Group to its Specially Designated...
Alex Mashinsky Facing 20 Years in Prison – DOJ Slams Celsius Founder for ‘Massive Fraud’
Celsius founder and ex-CEO Alex Mashinsky is facing two decades in prison for his role in the multibillion collapse of the former crypto lending firm....
27% of Bybit Hacked Funds Have ‘Gone Dark’ After Flowing Through Mixers and Bridges, According to CEO Ben Zhou
More than 27% of the roughly $1.4 billion worth of crypto stolen from Bybit earlier this year has “gone dark,” according to the digital asset...
Controversial Exchange eXch To Shutter in May Amid Allegations the Project Laundered Crypto Stolen in Bybit Hack
The controversial exchange eXch plans to close its doors in May after facing allegations that it laundered crypto stolen in the record-setting Bybit exploit earlier...
Ethereum Layer-2 ZKsync Suffers Exploit As $5,000,000 in ZK Tokens Drained
Ethereum (ETH) Layer-2 scaling solution ZKsync (ZK) has suffered a significant exploit, resulting in the loss of $5 million worth of ZK tokens. The breach,...
Cybercriminals Hijacking Popular Crypto Software To Steal Digital Assets From Wallets: Security Researchers
Security researchers are warning that threat actors are using less noticeable techniques to compromise and steal funds from crypto wallets. Cybersecurity firm ReversingLabs says that...
Hackers Hammer Android and iPhone Users As Bank Account Attacks Surge 258% in One Year: Kaspersky
The number of Android and iPhone users hit by bank malware is skyrocketing as criminals increasingly shift to mobile devices. In a new report, the...
London Police Team Up With International Law Firm After Elderly Victim Defrauded for $2,580,000
Law enforcement authorities in the city of London are joining forces with an international law firm to help fraud victims recover their stolen assets. In...
Wells Fargo Ordered To Pay $832,000,000 in Damages After Jury Finds Lender Mismanaged and Charged Unauthorized Fees on Trust Fund for 2,000 Children
Wells Fargo is on the hook for hundreds of millions of dollars after a jury in Florida found the bank charged unauthorized fees and mishandled...
New Malware Targeting Banks and Crypto Platforms With Remote Control and Black Screen Overlays Spreads: Report
A new strain of malware has been targeting mobile banking apps and crypto wallets on Android phones. The fraud prevention firm ThreatFabric says the new...