article thumbnail

Two Estonian citizens arrested in $575M cryptocurrency fraud scheme

Security Affairs

Two Estonian citizens were arrested in Tallinn for allegedly running a $575 million cryptocurrency fraud scheme. Two Estonian nationals were arrested in Tallinn, Estonia, after being indicted in the US for running a fraudulent cryptocurrency Ponzi scheme that caused more than $575 million in losses. Pierluigi Paganini.

article thumbnail

Russians charged with hacking Mt. Gox exchange and operating BTC-e

Security Affairs

Two Russian nationals have been charged with the hack of the cryptocurrency exchange Mt. Russian nationals Alexey Bilyuchenko (43) and Aleksandr Verner (29) have been charged with the hack of the cryptocurrency exchange Mt. Gox in 2011 and the operation of the illicit cryptocurrency exchange BTC-e. ” reads the DoJ.

Hacking 81
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

US authorities behind $1 billion Bitcoin transaction of Silk Road funds

Security Affairs

“The seizure represents the largest seizure of cryptocurrency in the history of the Department of Justice.” filed a civil complaint to forfeit the funds, this is the largest seizure of cryptocurrency funds the Department of Justice has ever made. ” On November 5, the U.S. million USD. . ” continues the DoJ.

article thumbnail

Law enforcement shutdown a long-standing DDoS-for-hire service

Security Affairs

Polish police, as part of the international law enforcement operation PowerOFF, dismantled a DDoS-for-hire service that has been active since at least 2013. An international operation codenamed PowerOff led to the shutdown of a DDoS-for-hire service that has been active since at least 2013.

DDOS 81
article thumbnail

North Korea-linked TA406 cyberespionage group activity in 2021

Security Affairs

The TA406 cyber espionage group was first spotted by Kaspersky researchers in 2013. At the end of October 2020, the US-CERT published a report on Kimusky’s recent activities that provided information of their TTPs and infrastructure. ” reads the report.

article thumbnail

Financially motivated Earth Lusca threat actors targets organizations worldwide

Security Affairs

According to the security firm, the group is financially motivated, its cyberespionage campaign hit high value targets such as government and educational institutions, religious movements, pro-democracy and human rights organisations in Hong Kong, Covid-19 research organisations, gambling and cryptocurrency companies, and the media.

article thumbnail

Vietnam-linked Bismuth APT leverages coin miners to stay under the radar

Security Affairs

Microsoft warns of Vietnam-linked Bismuth group that is deploying cryptocurrency miner while continues its cyberespionage campaigns. Researchers from Microsoft reported that the Vietnam-linked Bismuth group, aka OceanLotus , Cobalt Kitty , or APT32 , is deploying cryptocurrency miners while continues its cyberespionage campaigns.