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Singapore Police arrest six men allegedly involved in a cybercrime syndicate

Security Affairs

The Singapore Police Force (SPF) has arrested six individuals for their role in the operations of a cybercrime ring in the country. On 9 September 2024, around 160 officers from various Singapore Police Force units conducted raids across the island, leading to the arrests and the seizure of electronic devices and cash.

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Happy 13th Birthday, KrebsOnSecurity!

Krebs on Security

Here’s a look at some of the more notable cybercrime stories from the past year, as covered by KrebsOnSecurity and elsewhere. Super Bowl Sunday watchers are treated to no fewer than a half-dozen commercials for cryptocurrency investing. I will also continue to post on LinkedIn about new stories in 2023. agencies]. .”

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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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Europol arrested cryptocurrency scammers that stole millions from victims

Security Affairs

An international police operation led by Europol led to the arrest of cryptocurrency scammers targeting users all over the world. “The suspects used advertisements on social networks to lure victims to websites covertly operated by the criminals, which offered seemingly exceptional investment opportunities in cryptocurrencies.”

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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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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.

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European law enforcement agencies arrested 6 individuals involved in $27M cryptocurrency theft

Security Affairs

million) cryptocurrency theft. million) cryptocurrency theft. The authorities raided the houses of the suspects and seized a large number of electronic devices, equipment, and valuable assets. The suspects are accused to have committed computer misuse act offences and to have engaged in money laundering activities. .