Canadian police praise Tether for ‘swift’ recovery of stolen funds
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities. Go to Source
Cybercrime
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North Korean hacker BlueNoroff targets crypto firms with new malware
According to cybersecurity firm Recorded Future, North Korean hacker groups have stolen approximately $3 billion in funds since 2017. Go to Source
Bitfinex wallet hacker returns most of the $20 million back to US gov
According to security firm CertiK, crypto losses in Q3 2024 are up 9.5%, with more than $750 million in total funds stolen by threat actors. Go to Source
Ambient Finance website hacked, team warns users to wait for fix
In 2024, malware spread through Python Package Index, text messages, fraudulent macOS programs, and even automated email threads. Go to Source
Bitfinex hacker should get 5 years jail for 120K BTC heist: Feds
Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on the Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say. Go to Source
MEV bot scam rides AI hype to return under new name, says SlowMist
Blockchain security firm SlowMist found a growing number of people lost funds to fake trading bots that use OpenAI’s ChatGPT in the name to build legitimacy. Go to Source
Ohio’s New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam
The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of cyber financial crimes, particularly those involving cryptocurrency. Ohio’s New Fraud Unit Recovers $130K From Crypto Scam Ohio Attorney General Dave Yost announced on … Read more
TON-based wallet drainer shuts down, eyes Bitcoin
A TON-based wallet drainer claimed it is shutting down operations due to the lack of whales in the network. Go to Source
DHS says it thwarted over 500 crypto ransom attacks in 3 years
The US Homeland Security Investigations (HIS) Cyber Crimes Center reported it disrupted hundreds of ransom attacks since its formation in 2021. Go to Source
US gov files complaints to seize assets from North Korean hackers
According to PeckShieldAlert, losses from crypto hacks and exploits accounted for over $120 million in losses during September 2024. Go to Source
