US Senator Gary Peters (D-MI) says a Senate committee he chairs will study methods that discourage the use of cryptocurrencies in cybercrime. Senator Peters, who chairs the Committee on...
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Scams
Suspect in Alleged $ 330,000,000 Crypto Fraud Offers to Refund Victims in Exchange for Temporary Release
A suspect accused of plotting a $ 330,000,000 encryption scheme says he could pay his victims if the courts allow him to get out of jail. Javier Biosca, a...
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Authorities Catch Hacker Who Compromised Musk, Biden, Gates, Bezos, And Obama’s Twitter Accounts In Bitcoin Giveaway Scam
Authorities arrested a UK citizen who is allegedly connected to a massive Twitter hack in 2020 that compromised more than 100 popular accounts. Joseph O’Connor is the fourth person...
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US government offers crypto bounty to combat state sponsored cybercrime
The US government says that those who offer information that helps combat malicious activity online can now receive payments in cryptocurrency. A statement from the US State Department says...
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UK Police Seize $ 250,000,000 In Cryptocurrency In Money Laundering Investigation
The UK Metropolitan Police (Met) says it has just set a new record for the largest crypto seizure in the country’s history, breaking the previous record documented just a...
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FBI Issues Warning To Crypto Stakeholders About Potential Cyberattacks
The Federal Bureau of Investigation (FBI) has issued a warning that cybercriminals are increasingly targeting crypto exchanges, third-party payment platforms, and private owners of digital assets. In a warning...
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Cryptocurrency-Related Cyberattacks Rise Along With Rise in Bitcoin Price: Report
Cryptocurrency-related cyberattacks are skyrocketing as fast as Bitcoin’s rise to prominence, according to a new report from digital security firm Barracuda Networks. Barracuda CTO Fleming Shi says the company...
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Largest Cryptocurrency Theft Involving $ 3,600,000,000 In Missing BTC Takes An Unexpected Turn
The largest heist in crypto history involving tens of thousands of lost BTC has taken an unexpected turn after the suspects’ lawyers were fired. The two suspects, Ameer Cajee,...
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