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U.S. Sanctions Cloud Provider ‘Funnull’ as Top Source of ‘Pig Butchering’ Scams

Krebs on Security

a Philippines-based company that provides computer infrastructure for hundreds of thousands of websites involved in virtual currency investment scams known as pig butchering.” ” The Treasury Department said Funnull’s operations are linked to the majority of virtual currency investment scam websites reported to the FBI.

Scams 227
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How to Lose a Fortune with Just One Bad Click

Krebs on Security

Adam Griffin is still in disbelief over how quickly he was robbed of nearly $500,000 in cryptocurrencies. Unfortunately for Griffin, years ago he used Google Photos to store an image of the secret seed phrase that was protecting his cryptocurrency wallet. Image: Shutterstock, iHaMoo. io ) that mimicked the official Trezor website.

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A Day in the Life of a Prolific Voice Phishing Crew

Krebs on Security

KrebsOnSecurity recently told the saga of a cryptocurrency investor named Tony who was robbed of more than $4.7 Before we get to the Apple scam in detail, we need to revisit Tony’s case. million in cryptocurrencies from Tony was verify-trezor[.]io. Image: Shutterstock, iHaMoo. million in an elaborate voice phishing attack.

Phishing 338
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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. The attacks were facilitated by scams targeting employees at GoDaddy , the world’s largest domain name registrar, KrebsOnSecurity has learned. 2019 that wasn’t discovered until April 2020. PST on Nov.

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The Fake Browser Update Scam Gets a Makeover

Krebs on Security

New research shows the attackers behind one such scheme have developed an ingenious way of keeping their malware from being taken down by security experts or law enforcement: By hosting the malicious files on a decentralized, anonymous cryptocurrency blockchain. Previously, the group had stored its malicious update files on Cloudflare, Guard.io

Scams 337
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Two Charged in SIM Swapping, Vishing Scams

Krebs on Security

That allowed them to seize control over a target’s incoming phone calls and text messages, which were used to reset the password for email, social media and cryptocurrency accounts tied to those numbers. Interestingly, the conspiracy appears to have unraveled over a business dispute between the two men.

Scams 357
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Massive Losses Define Epidemic of ‘Pig Butchering’

Krebs on Security

The term “pig butchering” refers to a time-tested, heavily scripted, and human-intensive process of using fake profiles on dating apps and social media to lure people into investing in elaborate scams. In a more visceral sense, pig butchering means fattening up a prey before the slaughter.

Scams 330