The mastermind behind Twitter’s recent massive hack attack has finally been arrested after a nationwide investigation by the FBI, and bail for him has been set at $725,000.
Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.
In the massive Bitcoin scheme that happened earlier this week, reputed coin exchanges such as Binance, Gemini, and Coinbase were targeted by crypto scammers, and officials have been hard at work investigating the digital trail that may lead back to the crypto scammers.
A New York man has been charged in US federal court with defrauding investors out of millions of dollars in crypto assets that he used on offshore gambling sites. A criminal complaint was filed on July 9, and the US Attorney’s Office charged Douglas Jae Woo Kim, 27 years old, with wire fraud in which he allegedly conned three investors out of over $4.5 million of Ethereum and Bitcoin.
Two 17-year-old Italians have been detained under the Delirium operation for instigating child pornography and live torture viewings on the dark web. The two Italians paid Bitcoin (BTC) to a dark site address in order to unlock explicit footage of children being sexually abused.
The US Secret Service is hoping to put an end to the increasing money-laundering cases that have erupted with the rise of COVID-19, by creating a special division, dubbed the Cyber Fraud Task Force (CFTF).
Cardano CEO Charles Hoskinson has once again come forward to address the issue of cryptocurrency scams targeting his ADA empire and has been quick to refute any associations phishers made with the Cardano Foundation.