Hackers who breached Microsoft Outlook have reportedly used the email service to steal cryptocurrency users’ funds. Motherboard reported Tuesday that hackers had managed to gain access to Microsoft customer support employee’s…
Tag: crypto theft
Brazilian Police Arrest Suspect for Money Laundering With Bitcoin
Brazilian police have arrested a man for operating a clandestine drug laboratory and using the leading cryptocurrency bitcoin (BTC) to launder the proceeds, Cointelegraph Brasil reported on April 24. The State Department…
FinCEN Takes First Enforcement Action Against P2P Cryptocurrency Exchanger
The United States Financial Crimes Enforcement Network (FinCEN) has assessed a civil money penalty for a California resident accused of wilfully violating money transmission laws in his work as a peer-to-peer…
US Justice Dept. Convicts Two Romanians of Cybercrimes Including Cryptojacking
A federal jury has convicted two Romanian alleged cybercriminals of spreading malware to steal credit card credentials and illicitly mine cryptocurrency, an announcement from the official website of the United States Department of Justice revealed on April 11. The malware allegedly…
Alleged BTC-e Operator Alexander Vinnik Seeks Extradition to Russia
Alleged BTC-e exchange operator Alexander Vinnik, who is accused of laundering billions of dollars, is officially seeking extradition to Russia. According to a report from local news source e-Kathimerini on Thursday,…
Texas: Crypto AriseBank CEO Pleads Guilty to Deceiving Investors in $4.2 Million Case
The former CEO of reported cryptocurrency scam AriseBank has pleaded guilty to defrauding victims of over $4.2 million, Texas-based daily news outlet Dallas News reported March 21. Jared Rice, whom the FBI arrested over securities and wire…
Australia: Clients Take Crypto Fund Manager to Court, Cite $14.2 Million in Losses
The founder of what reportedly claims to be Australia’s first online mattress retailer OzMattress and cryptocurrency fund manager Stefanos Papanastasiou is about to be brought to court by his clients over the loss of over…
Crypto Crime Trends Evolving as Users Wise Up: Exchange Hacks, Darknet and Money Laundering
Two prominent research papers have shed light on the latest crime trends affecting the cryptocurrency community over the past two years. Crypto analytics companies Chainalysis and CipherTrace released reports at the end of January that…
The Collapse of QuadrigaCX: What We Know (And What We Don’t)
QuadrigaCX, the Canadian cryptocurrency exchange, made headlines the world over last week when it announced it was filing for creditor protection and owed upwards of $130 million or more…
Government Death Certificate Says QuadrigaCX CEO Died in India
An Indian government-issued death certificate obtained by CoinDesk corroborates QuadrigaCX’s account of the passing of CEO Gerald Cotten in early December. Cotten’s death is at the center of the…
