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Lazarus Cryptocurrency Hacks Estimated To Be $3 Billion

Security Boulevard

Threat actors from North Korea have been increasingly targeting the cryptocurrency sector since 2017 as a source of generating revenue. In this article, we’ll dive into […] The post Lazarus Cryptocurrency Hacks Estimated To Be $3 Billion appeared first on TuxCare.

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A man faces up to 25 years in prison for his role in operating unlicensed crypto exchange BTC-e

Security Affairs

A Belarusian and Cypriot national linked with the cryptocurrency exchange BTC-e is facing charges that can lead maximum penalty of 25 years in prison. “According to the indictment, between 2011 and July 2017, Aliaksandr Klimenka, 42, allegedly controlled BTC-e, a digital currency exchange, with Alexander Vinnik and others.”

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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.

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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.

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CryptoCore hacker group stole over $200M from cryptocurrency exchanges

Security Affairs

The CryptoCore hacker group that is believed to be operating out of Eastern Europe has stolen around $200 million from online cryptocurrency exchanges. Experts from ClearSky states that a hacker group tracked as CryptoCore, which is believed to be operating out of Eastern Europe, has stolen around $200 million from cryptocurrency exchanges.

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Alexander Vinnik, the operator of BTC-e exchange, pleaded guilty to money laundering

Security Affairs

Alexander Vinnik , a Russian national, pleaded guilty to conspiracy to commit money laundering for his involvement in operating the cryptocurrency exchange BTC-e from 2011 to 2017. In July 2017 law enforcement shut down the virtual currency exchange. reported the Associated Press. In February, the U.S.

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North Korea-linked hackers stole $626 million in virtual assets in 2022

Security Affairs

billion worth of cryptocurrency and other virtual assets in the past five years. billion) in cryptocurrency and other virtual assets in the past five years. The Government of Pyongyang focuses on crypto hacking to fund its military program following harsh U.N. North Korea-linked threat actors have stolen an estimated $1.2