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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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U.S. and Australian police arrested Firebird RAT author and operator

Security Affairs

The Australian man faces twelve counts of computer offenses. The RAT allowed customers to access and control their victims’ computers remotely, its author advertised its stealing capabilities. “ According to the indictment, Chakhmakhchyan engaged in electronic communication with buyers after advertising the Hive RAT. .

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Italian mafia cybercrime sting leads to 100+ arrests

Malwarebytes

Europol has summarized the overall results of this sting: 106 arrests, mostly in Spain and some in Italy 16 house searches 118 bank accounts frozen Seizures include many electronic devices, 224 credit cards, SIM cards and point-of-sale terminals, a marijuana plantation and equipment for its cultivation and distribution.

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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. Greek Police arrested the Russian national in 2017, and they accused the man of running the BTC-e Bitcoin exchange to launder billions worth of cryptocurrency.

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Law enforcement shutdown a long-standing DDoS-for-hire service

Security Affairs

The operation was conducted by the Polish Central Bureau for Combating Cybercrime with the support of Europol, the FBI, and law enforcement agencies from the Netherlands, Germany, and Belgium, and the Joint Cybercrime Action Taskforce (J-CAT). user accounts, 76 thousand. zlotys and money in the amount of over 145 thousand.

DDOS 84
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Financial cyberthreats in 2023

SecureList

With trillions of dollars of digital payments made every year, it is no wonder that attackers target electronic wallets, online shopping accounts and other financial assets, inventing new techniques and reusing good old ones. Online shopping brands were the most popular lure, accounting for 41.65% of financial phishing attempts.

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Ukraine police and Binance dismantled a cyber gang behind $42M money laundering

Security Affairs

Ukrainian authorities arrested the members of a cybercrime gang who ran 20 cryptocurrency exchanges involved in money laundering. Police in Ukraine announced the arrest of the members of a cybercrime gang composed of three individuals who ran 20 cryptocurrency exchanges used in money laundering activities.