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How Cryptocurrency Turns to Cash in Russian Banks

Krebs on Security

A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. wtf, and PQHosting ; -sites selling aged email, financial, or social media accounts, such as verif[.]work com and rdp[.]monster;

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FBI: Spike in Hacked Police Emails, Fake Subpoenas

Krebs on Security

based technology companies. One English-speaking cybercriminal who goes by the nicknames “ Pwnstar ” and “ Pwnipotent ” has been selling fake EDR services on both Russian-language and English cybercrime forums. “I cannot 100% guarantee every order will go through,” Pwnstar explained.

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

Krebs on Security

government today imposed economic sanctions on Funnull Technology Inc. , ISPs, and that Ivan Neculiti for many years sold “bulletproof” hosting services that told Russian cybercrime forum customers they would proudly ignore any abuse complaints or police inquiries. Image: Shutterstock, ArtHead.

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Pakistani Firm Shipped Fentanyl Analogs, Scams to US

Krebs on Security

The authorities called it “the biggest money laundering case in the history of Pakistan,” and named a number of businesses based in Texas that allegedly helped move the proceeds of cybercrime. A page from the March 2021 FIA report alleging that Digitonics Labs and Abtach employees conspired to extort and defraud consumers.

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Anti-Money Laundering Service AMLBot Cleans House

Krebs on Security

AMLBot , a service that helps businesses avoid transacting with cryptocurrency wallets that have been sanctioned for cybercrime activity, said an investigation published by KrebsOnSecurity last year helped it shut down three dark web services that secretly resold its technology to help cybercrooks avoid detection by anti-money laundering systems.

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FBI’s Vetted Info Sharing Network ‘InfraGard’ Hacked

Krebs on Security

Federal Bureau of Investigation (FBI) to build cyber and physical threat information sharing partnerships with the private sector, this week saw its database of contact information on more than 80,000 members go up for sale on an English-language cybercrime forum. That InfraGard member, who is head of security at a major U.S.

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E-Crime Rapper ‘Punchmade Dev’ Debuts Card Shop

Krebs on Security

The rapper and social media personality Punchmade Dev is perhaps best known for his flashy videos singing the praises of a cybercrime lifestyle. But until recently, there wasn’t much to support a conclusion that Punchmade was actually doing the cybercrime things he promotes in his songs. Punchmade Dev’s shop.