A malicious campaign has been observed exploiting the blockchain-based Meson service for illicit gains ahead of the crypto token unlock planned for March 15. The campaign, discovered by the Sysdig Threat Research Team (TRT), saw an attacker swiftly create 6000 Meson Network nodes using a compromised cloud account, setting off alarms for multiple AWS users […]
The agency responsible for monitoring financial sanctions in Britain has never detected an illicit payment to an entity embargoed under the country’s counter-ransomware regime, according to information obtained by Recorded Future News. The sanctions regime explicitly prohibits victims from making any extortion payments to the 29 individuals and 5 entities listed under the United Kingdom’s […]
The value of cryptocurrency flowing into illicit addresses in 2023 was nearly two-fifths lower than the figure a year previously, with sanctioned entities accounting for the vast majority of activity, according to Chainalysis. The blockchain analysis company revealed the news in a teaser of its forthcoming 2024 Crypto Crime Report. It tracks funds stolen in […]
Dec 18, 2023NewsroomCryptocurrency / Online Scam Four U.S. nationals have been charged for participating in an illicit scheme that earned them more than $80 million via cryptocurrency investment scams. The defendants – Lu Zhang, 36, of Alhambra, California; Justin Walker, 31, of Cypress, California; Joseph Wong, 32, Rosemead, California; and Hailong Zhu, 40, Naperville, Illinois […]