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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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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. And in May of this year, GoDaddy disclosed that 28,000 of its customers’ web hosting accounts were compromised following a security incident in Oct. 2019 that wasn’t discovered until April 2020.

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Man sentenced to six years in prison for stealing millions in cryptocurrency via SIM swapping

Security Affairs

Daniel James Junk (22) of Portland was sentenced to 72 months in federal prison for his role in a scheme that resulted in the theft of millions of dollars of cryptocurrency using a SIM swapping. Once hijacked a SIM, the attacker can steal money, cryptocurrencies and personal information, including contacts synced with online accounts.

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Cryptocurrency trading bots: Strengthening Cybersecurity and minimizing risks

CyberSecurity Insiders

billion in cryptocurrency was stolen by criminals in 2020, a recent report by Finaria reveals. Fortunately, despite the growth of the crypto market, crypto crime has decreased by 57% since 2019, dropping to $1.9 Strengthening cybersecurity when using trading bots is key to protecting your accounts and money from hackers.

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New Zealand-based cryptocurrency exchange Cryptopia hacked again

Security Affairs

The New Zealand-based cryptocurrency exchange Cryptopia suffered a new cyber heist while it is in liquidation due to a 2019 security breach. In 2019, the New Zealand-based cryptocurrency exchange Cryptopia discloses a cyber attack that took place on January 14th. According to the local news site Stuff , a creditor, U.S.

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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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CoinHive Cryptocurrency Mining Service will shut down on March 8, 2019

Security Affairs

The popular in-browser cryptocurrency mining service Coinhive has announced that it will shut down on March 8, 2019. Security firms spotted several hacking campaigns aimed at compromising websites to install JavaScript-based Monero (XMR) cryptocurrency mining scripts and monetize their efforts. Pierluigi Paganini.