Apr 25, 2024NewsroomCryptocurrency / Cybercrime The U.S. Department of Justice (DoJ) on Wednesday announced the arrest of two co-founders of a cryptocurrency mixer called Samourai and seized the service for allegedly facilitating over $2 billion in illegal transactions and for laundering more than $100 million in criminal proceeds. To that end, Keonne Rodriguez, 35, and […]
Apr 22, 2024NewsroomCryptocurrency / Artificial Intelligence Microsoft has revealed that North Korea-linked state-sponsored cyber actors have begun to use artificial intelligence (AI) to make its operations more effective and efficient. “They are learning to use tools powered by AI large language models (LLM) to make their operations more efficient and effective,” the tech giant said […]
Apr 22, 2024NewsroomCryptocurrency / Artificial Intelligence Microsoft has revealed that North Korea-linked state-sponsored cyber actors has begun to use artificial intelligence (AI) to make its operations more effective and efficient. “They are learning to use tools powered by AI large language models (LLM) to make their operations more efficient and effective,” the tech giant said […]
Apr 13, 2024NewsroomCryptocurrency / Regulatory Compliance A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency exchanges in July 2022 and stealing over $12.3 million. Shakeeb Ahmed, the defendant in question, pled guilty to one count of computer fraud in December 2023 […]
Apr 13, 2024NewsroomCryptocurrency / Regulatory Compliance A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency exchanges in July 2022 and stealing over $12.3 million. Shakeeb Ahmed, the defendant in question, pled guilty to one count of computer fraud in December 2023 […]
Apr 01, 2024NewsroomCryptocurrency / Financial Fraud The Indian government said it has rescued and repatriated about 250 citizens in Cambodia who were held captive and coerced into running cyber scams. The Indian nationals “were lured with employment opportunities to that country but were forced to undertake illegal cyber work,” the Ministry of External Affairs (MEA) […]
Feb 13, 2024NewsroomCryptocurrency / Rootkit The Glupteba botnet has been found to incorporate a previously undocumented Unified Extensible Firmware Interface (UEFI) bootkit feature, adding another layer of sophistication and stealth to the malware. “This bootkit can intervene and control the [operating system] boot process, enabling Glupteba to hide itself and create a stealthy persistence that […]
Feb 05, 2024NewsroomCryptocurrency / Financial Fraud A 42-year-old Belarusian and Cypriot national with alleged connections to the now-defunct cryptocurrency exchange BTC-e is facing charges related to money laundering and operating an unlicensed money services business. Aliaksandr Klimenka, who was arrested in Latvia on December 21, 2023, was extradited to the U.S. If convicted, he faces […]
Feb 01, 2024NewsroomCryptocurrency / Botnet Cybersecurity researchers have detailed an updated version of the malware HeadCrab that’s known to target Redis database servers across the world since early September 2021. The development, which comes exactly a year after the malware was first publicly disclosed by Aqua, is a sign that the financially-motivated threat actor behind […]