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Two Russians Charged in $17M Cryptocurrency Phishing Spree

Krebs on Security

authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. Separately, the U.S.

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Decarbonizing Cryptocurrencies through Taxation

Schneier on Security

Maintaining bitcoin and other cryptocurrencies causes about 0.3 As many cryptocurrencies crash and the FTX bankruptcy moves into the litigation stage, regulators are likely to scrutinize the cryptocurrency world more than ever before. The good news is that cryptocurrencies don’t have to be carbon intensive.

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Feds Charge Five Men in ‘Scattered Spider’ Roundup

Krebs on Security

That Joeleoli moniker registered on the cybercrime forum OGusers in 2018 with the email address joelebruh@gmail.com , which also was used to register accounts at several websites for a Joel Evans from North Carolina. According to prosecutors, the group mainly sought to steal cryptocurrency from victim companies and their employees.

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DMM Bitcoin $308M Bitcoin heist linked to North Korea

Security Affairs

authorities attributed the theft of $308 million cryptocurrency from DMM Bitcoin to North Korean cyber actors. authorities linked the $308 million cyber heist targeting cryptocurrency company DMM Bitcoin to North Korea-linked threat actors. On June 1st, the Japanese cryptocurrency exchange DMM Bitcoin announced that crooks stole 4,502.9

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U.S. Indicts North Korean Hackers in Theft of $200 Million

Krebs on Security

Secret Service and Department of Homeland Security told reporters on Wednesday the trio’s activities involved extortion, phishing, direct attacks on financial institutions and ATM networks, as well as malicious applications that masqueraded as software tools to help people manage their cryptocurrency holdings. Image: CISA.

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Man Robbed of 16 Bitcoin Sues Young Thieves’ Parents

Krebs on Security

In 2018, Andrew Schober was digitally mugged for approximately $1 million worth of bitcoin. In a lawsuit filed in Colorado, Schober said the sudden disappearance of his funds in January 2018 prompted him to spend more than $10,000 hiring experts in the field of tracing cryptocurrency transactions. universities).

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NY Man Pleads Guilty in $20 Million SIM Swap Theft

Krebs on Security

A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Following the theft, Terpin filed a civil lawsuit against Truglia with the Los Angeles Superior court.