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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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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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Reading the FBI IC3’s ‘2020 Internet Crime Report’

Security Affairs

The FBI’s Internet Crime Complaint Center has released its annual report, the 2020 Internet Crime Report , which includes data from 791,790 complaints of suspected cybercrimes. Data that emerged from the report are worrisome, in 2020 the reported losses exceeded $4.2 ” reads 2020 Internet Crime Report. billion in losses.

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3CX Supply chain attack allowed targeting cryptocurrency companies

Security Affairs

Threat actors behind the 3CX supply chain attack have targeted a limited number of cryptocurrency companies with a second-state implant. The Gopuram backdoor was first discovered by Kaspersky in 2020, but the researchers observed a surge in the number of infections in March 2023, likely coinciding with the attack on 3CX.

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Interview With a Crypto Scam Investment Spammer

Krebs on Security

Social networks are constantly battling inauthentic bot accounts that send direct messages to users promoting scam cryptocurrency investment platforms. The messages said recipients had earned an investment credit at a cryptocurrency trading platform called moonxtrade[.]com. A DIRECT QUOT The domain quot[.]pw

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Crooks steal $130 million worth of cryptocurrency assets from Cream Finance

Security Affairs

Threat actors have stolen $130 million worth of cryptocurrency assets from the Cream Finance decentralized finance (DeFi) platform. Threat actors have stolen $130 million worth of cryptocurrency assets from the decentralized finance (DeFi) platform. increase from 2020. DeFi-related fraud continues to rise, as well.