A Canadian man has been found guilty of scamming approximately 200 victims out of CAD$1 million while on bail for an earlier crypto heist which netted him CAD$48 million. In 2020 the man had performed a SIM swap attack to gain access to the crypto accounts of Josh Jones, theContinue Reading
The Russian cybercrime group GreedyBear has stolen over US$1 million in crypto in just five weeks. The group achieved this by creating over 150 malicious Firefox extensions that impersonate popular crypto wallets like MetaMask and TronLink. According to security firm Koi Security, this campaign represents a new, “industrial scale” ofContinue Reading
A crypto scam campaign is using compromised YouTube channels to promote a fake Ethereum trading bot that steals user funds. The scam tricks users into deploying a malicious smart contract that disguises a hidden wallet address and siphons funds once a deposit is made. The campaign uses unlisted, AI-generated videosContinue Reading
After a 12-year quest, James Howells has abandoned his attempt to recover a hard drive with 8,000 Bitcoin from a Newport landfill. His repeated legal bids and proposals, including an offer to buy the landfill, were blocked by the Newport City Council and ultimately rejected by the UK Court ofContinue Reading
FinCEN has alerted banks about the increasing criminal use of cryptocurrency ATMs (CVC kiosks) in scams and drug trafficking. Scammers trick victims into converting money into crypto via kiosks, exploiting transaction anonymity and speed. Regulatory non-compliance by kiosk operators leaves gaps that transnational crime networks are exploiting. The US Treasury’sContinue Reading
