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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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Florida man sentenced to prison for SIM Swapping conspiracy that led to theft of $1M in cryptocurrency

Security Affairs

A man from Orlando was sentenced to prison for SIM Swapping conspiracy that led to the theft of approximately $1M in cryptocurrency. The man was sentenced for his role in a hacking scheme that led to the theft of approximately $1M worth of cryptocurrency from dozens of victims. ” reads the press release published by DoJ.

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Canadian teenager stole $36 Million in cryptocurrency via SIM Swapping

Security Affairs

million worth of cryptocurrency. million worth of cryptocurrency from an American individual. The news of the arrest was disclosed by the Hamilton Police in Ontario, Canada, as a result of a joint investigation conducted by the FBI and the United States Secret Service Electronic Crimes Task Force that started in March 2020.

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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. The widespread recent implementation of stronger security measures also means crypto-criminals stole 160% more in value in 2019 than in 2020, despite the similar number of crimes. This blog was written by an independent guest blogger.

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U.K. Cyber Thug “PlugwalkJoe” Gets 5 Years in Prison

Krebs on Security

Joseph James “PlugwalkJoe” O’Connor , a 24-year-old from the United Kingdom who earned his 15 minutes of fame by participating in the July 2020 hack of Twitter , has been sentenced to five years in a U.S. 02, 2020, pitching O’Connor as a cryptocurrency expert and advisor.

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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.