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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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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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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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US officials charge two Chinese men for laundering cryptocurrency for North Korea

Security Affairs

The Department of Justice has charged the two Chinese nationals for laundering cryptocurrency for North Korea-linked APT groups. for helping North Korea-linked hackers in laundering cryptocurrency. The cryptocurrency have been stolen by the APT groups from two cryptocurrency exchanges. and Li Jiadong (???),

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US gov sanctions cryptocurrency mixer Blender also used by North Korea-linked Lazarus APT

Security Affairs

Department of Treasury sanctioned cryptocurrency mixer Blender.io Department of Treasury sanctioned the cryptocurrency mixer Blender.io It has been estimated that Blender has helped transfer more than $500 million worth of Bitcoin since its creation in 2017. national security interests. million in illicit proceeds.

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DOJ arrested the founders of crypto mixer Samourai for facilitating $2 Billion in illegal transactions

Security Affairs

Department of Justice (DoJ) announced the arrest of two co-founders of a cryptocurrency mixer Samourai. Department of Justice (DoJ) has arrested two co-founders of the cryptocurrency mixer Samourai and seized the service. Magistrate Judge in the Western District of Pennsylvania. criminal charges. ” continues the DoJ.

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StripedFly, a complex malware that infected one million devices without being noticed

Security Affairs

Researchers from Kaspersky discovered a sophisticated malware, dubbed StripedFly, that remained under the radar for five years masquerading as a cryptocurrency miner. Further analysis revealed that the malware has been used since at least 2017. The malicious code has a complex modular structure that supports both Linux and Windows.

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