Comedian Stephen Colbert spoofs ‘Colbert Coin’ in response to rise in crypto scams
“We’re busy turning your cash into future money — to the moon, apes!” said the Late Show host. Go to Source Powered by WPeMatico
Cybercrime
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How to Protect your Business from Cybercrime
Steps to take to ensure your company doesn’t fall victim to a data breach or cybersecurity scandal. Any modern business has plenty to worry about, but cyber scandals are up there in the top spot. A data breach can cause irreparable damage to a company and its reputation. Can you recall the 2018 Cambridge Analytica … Read more
How will DOJ’s new crypto enforcement team change the game for industry players, good and bad?
In a bid to catch up with cybercriminals, the Justice Department is pooling all crypto expertise in one place. Go to Source Powered by WPeMatico
New Australian ransomware plan allows for seizure of crypto
Australian authorities will be able to seize or freeze cryptocurrencies linked to cybercrime under new legislation. Go to Source Powered by WPeMatico
US Senator Warren introduces bill to study crypto’s role in ransomware
The Ransom Disclosure Act aims to help the Department of Homeland Security gather critical data on ransom payments in cryptocurrency and fiat. Go to Source Powered by WPeMatico
U.S. government goes to court seeking to forfeit almost $10 million in USDT purportedly stolen by fake Coinbase representative
In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse. Go to Source Powered by WPeMatico
US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds
The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous BTC-e exchange. OFAC Adds Russian Crypto OTC Exchange Suex to Blacklist The Office … Read more
Digital intelligence must overcome challenges to solving crypto crimes
Changing an intelligence agency’s perspective on crypto crime is the next step toward a successful crypto investigation. Go to Source Powered by WPeMatico
Anchorage Digital will custody crypto seized by US Marshals
Co-founders Diogo Mónica and Nathan McCauley cited the Anchorage’s “stringent processes and procedures” as likely factors in the decision from the federal agency. Go to Source Powered by WPeMatico
US government delves deeper into crypto accountability with $10M bounty
The Biden administration reportedly intends to ramp up efforts to trace cryptocurrency payments. Go to Source Powered by WPeMatico
