Bitcoin
Hackers steal $3.6 million from crypto ATM giant Bitcoin Depot
Bitcoin Depot, which operates one of the largest Bitcoin ATM networks, says attackers stole $3.665 million worth of Bitcoin from its crypto wallets after breaching its systems last month. The company manages more than 25,000 Bitcoin ATMs and BDCheckout locations worldwide and reported revenue of $615 million in 2025. As revealed in a filing with […]
Fake Grubhub emails promise tenfold return on sent cryptocurrency
Grubhub users received fraudulent messages, apparently from a company email address, promising a tenfold bitcoin payout in return for a transfer to a specified wallet. The emails claimed to be part of a ‘Holiday Crypto Promotion’ and came from an email address on ‘b.grubhub.com’, which is a legitimate subdomain that Grubhub uses to communicate with […]
“Bitcoin Queen” gets 11 years in prison for $7.3 billion Bitcoin scam
A Chinese woman known as the “Bitcoin Queen” was sentenced in London to 11 years and eight months in jail for laundering Bitcoin from a £5.5 billion ($7.3 billion) cryptocurrency investment scheme. The sentence follows a seven-year investigation by the Met’s Economic Crime team into international money laundering, which revealed that the 47-year-old woman, Zhimin Qian […]
UK convicts “Bitcoin Queen” in world’s largest cryptocurrency seizure
The Metropolitan Police has secured a conviction in what is believed to be the world’s largest cryptocurrency seizure, valued at more than £5.5 billion ($7.3 billion). Zhimin Qian, 47, also known as Yadi Zhang, pleaded guilty today at Southwark Crown Court to acquiring and possessing criminal property under the Proceeds of Crime Act. Police said […]
US govt seizes $1 million in crypto from BlackSuit ransomware gang
The U.S. Department of Justice (DoJ) seized cryptocurrency and digital assets worth $1,091,453 at the time of confiscation, on January 9, 2024, from the BlackSuit ransomware gang. The authorities tracked the crypto as the cybercriminals moved it repeatedly across virtual currency exchange accounts, depositing and withdrawing it to obfuscate the trace. Eventually, the amount was […]
FBI seizes $2.4M in Bitcoin from new Chaos ransomware operation
FBI Dallas has seized approximately 20 Bitcoins from a cryptocurrency address belonging to a Chaos ransomware member that is linked to cyberattacks and extortion payments from Texas companies. The crypto was seized on April 15, 2025, and was traced to an affiliate named “Hors,” who is suspected of launching the attacks against the companies. “The seized funds […]
Bitcoin Depot breach exposes data of nearly 27,000 crypto users
Bitcoin Depot, an operator of Bitcoin ATMs, is notifying customers of a data breach incident that has exposed their sensitive information. In the letter sent to affected individuals, the company informs that it first detected suspicious activity on its network last year on June 23. Although the internal investigation was completed on July 18, 2024, […]
Hacker pleads guilty to SIM swap attack on US SEC X account
Today, an Alabama man pleaded guilty to hijacking the U.S. Securities and Exchange Commission (SEC) account on X in a January 2024 SIM swapping attack. This comes after the defendant, 25-year-old Eric Council Jr., first pleaded not guilty to hacking the account and enabling his co-conspirators to make a fake announcement that Bitcoin ETFs were approved. “Today […]
North Korean hackers stole $1.3 billion worth of crypto this year
North Korean hackers have stolen $1.34 billion worth of cryptocurrency across 47 cyberattacks that occurred in 2024, according to a new report by blockchain analysis company Chainalysis. This amount represents 61% of the total stolen funds for the year, marking a year-over-year increase of 21%. Although the total number of incidents in 2024 reached a […]
Bitcoin ATM firm Byte Federal hacked via GitLab flaw, 58K users exposed
US Bitcoin ATM operator Byte Federal has disclosed a data breach that exposed the data of 58,000 customers after its systems were breached using a GitLab vulnerability. Byte Federal is the largest US operator of Bitcoin ATMs across the United States, with over 1,200 ATMs located in forty-two states, allowing people to exchange cash for cryptocurrency. […]