CryptoCurrency
Canada dismantles TradeOgre exchange, seizes $40 million in crypto
The Royal Canadian Mounted Police has shut down the TradeOgre cryptocurrency exchange and seized more than $40 million believed to originate from criminal activities. This is the first time a crypto exchange has been shut down by Canadian law enforcement, and it also marks the largest asset seizure in the country’s history. TradeOgre was a […]
Hackers left empty-handed after massive NPM supply-chain attack
The largest supply-chain compromise in the history of the NPM ecosystem has impacted roughly 10% of all cloud environments, but the attacker made little profit off it. The attack occurred earlier this week after maintainer Josh Junon (qix) fell for a password reset phishing lure and compromised multiple highly popular NPM packages, among them chalk and degub-js, that cumulatively have more than 2.6 billion weekly downloads. […]
Brokewell Android malware delivered through fake TradingView ads
Cybercriminals are abusing Meta’s advertising platforms with fake offers of a free TradingView Premium app that spreads the Brokewell malware for Android. The campaign targets cryptocurrency assets and has been running since at least July 22nd through an estimated 75 localized ads. Brokewell has been around since early 2024 and features a broad set of capabilities that […]
US targets North Korean IT worker army with new sanctions
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two individuals and two companies associated with North Korean IT worker schemes that operate at the expense of American organizations. These schemes involve placing in U.S. firms skilled tech workers with stolen or fabricated identities and using so-called “laptop farms” to hide the true location of the […]
Nebraska man gets 1 year in prison for $3.5M cryptojacking scheme
A Nebraska man was sentenced to one year in prison for defrauding cloud computing providers of over $3.5 million to mine cryptocurrency worth nearly $1 million. Charles O. Parks III (also known as “CP3O”) was arrested and charged in April with wire fraud, money laundering, and engaging in unlawful monetary transactions. He was facing up to 20 […]
US sanctions Grinex crypto-exchange, successor to Garantex
The U.S. Department of the Treasury has announced sanctions against Grinex, the successor to Russian cryptocurrency exchange Garantex, which was previously sanctioned for helping ransomware gangs launder their money. A TRM Labs report, released in April, revealed that Grinex has strong ties to Garantex’s previous operations, but stopped short of providing evidence that it was being used […]
Over $300 million in cybercrime crypto seized in anti-fraud effort
More than $300 million worth of cryptocurrency linked to cybercrime and fraud schemes has been frozen due to two separate initiatives involving law enforcement and private companies. One initiative is the T3+ Global Collaborator Program launched by the T3 Financial Crime Unit (T3 FCU), a joint effort deployed almost a year ago by intelligence firm TRM […]
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 […]
Wave of 150 crypto-draining extensions hits Firefox add-on store
A malicious campaign dubbed ‘GreedyBear’ has snuck onto the Mozilla add-ons store, targeting Firefox users with 150 malicious extensions and stealing an estimated $1,000,000 from unsuspecting victims. The campaign, discovered and documented by Koi Security, impersonates cryptocurrency wallet extensions from well-known platforms such as MetaMask, TronLink, and Rabby. These extensions are uploaded in a benign form […]
Cryptomixer founders pled guilty to laundering money for cybercriminals
The founders of the Samourai Wallet (Samourai) cryptocurrency mixer have pleaded guilty to laundering over $200 million for criminals. Samourai CEO Keonne Rodriguez and CTO William Lonergan Hill admitted to their involvement in the Samourai money laundering operation, pleading guilty to conspiracy for operating a money transmitting business that handled criminal proceeds, and are now facing a […]