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US Pig Butchering Victims ‘Will’ Get Refunds — Feds Seize $225M Cryptocurrency

Security Boulevard

The post US Pig Butchering Victims ‘Will’ Get Refunds — Feds Seize $225M Cryptocurrency appeared first on Security Boulevard. DoJ, FBI, USSS yoinked USDT: Pretty girls plus investment fraud equals forfeiture recovery (eventually).

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North Korean Hackers Stole $1.34 Billion in Crypto in 2024

Security Boulevard

billion in cryptocurrency in 2024, more than half of the $2.2 Billion in Crypto in 2024 appeared first on Security Boulevard. North Korean hackers stole $1.34 billion stolen in all crypto hacks, and the attacks by threat groups linked to the rogue nation are becoming more frequent and are happening more quickly.

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North Korea’s Lazarus Group Hacks Bybit, Steals $1.5 Billion in Crypto

Security Boulevard

billion in cryptocurrency from the Bybit exchange in what is being called the largest hack in the controversial market's history. Billion in Crypto appeared first on Security Boulevard. North Korea's notorious Lazarus Group reportedly stole $1.5 The post North Koreas Lazarus Group Hacks Bybit, Steals $1.5

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Scams Lost US $10 BILLION in 2022 — Crypto Fraud Grows Fast

Security Boulevard

Ben is disappointed: FBI reports huge rise in cryptocurrency investment scams. The post Scams Lost US $10 BILLION in 2022 — Crypto Fraud Grows Fast appeared first on Security Boulevard. Why am I not surprised?

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Ex-Security Engineer Gets Three Years in Prison for $12 Million Crypto Hacks

Security Boulevard

A former Amazon engineer who scammed more than $12 million from two decentralized cryptocurrencies exchanges in 2022 was sentenced to three years in prison in a case that the U.S. The post Ex-Security Engineer Gets Three Years in Prison for $12 Million Crypto Hacks appeared first on Security Boulevard.

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The Dark Web Economy

Security Boulevard

Even the recent plummet in value of cryptocurrency–the dark web’s currency. The post The Dark Web Economy appeared first on Security Boulevard. While the western world struggles with rising grocery bills and gas prices, the economy of the dark web–the digital black market–is chugging along as usual.

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DOJ Created NexFundAI Crypto Firm in Crypto Scamming Sting

Security Boulevard

The DOJ created NexFundAI, a false cryptocurrency company and token, in a sting that nabbed 19 people and companies accused of scamming investors by falsely creating the illusion of activity around their crypto and then selling at the inflated price in what investigators call "pump and dump" and "market maker" schemes.

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