North Korean hackers are exploiting crypto firms with fake resumes

North Korean hackers are exploiting crypto firms with fake resumes

North Korean hackers are hijacking online profiles on LinkedIn to seek remote jobs in crypto companies to gain information for their attacks. North Korean hackers have upgraded their tactics to exploit cryptocurrency companies. Reports have shown that the hackers are now plagiarizing online LinkedIn Resumes. They apply to crypto positions with fake profiles claiming to…

US authorities retrieve $500k ransomware payments to North Korean hackers

US authorities retrieve $500k ransomware payments to North Korean hackers

The FBI recovered nearly $500k from North Korean hackers after tracing ransomware payments made by a health organization to the illicit group. The U.S. law enforcement authorities have intercepted a ransomware payment to the infamous North Korean hackers and recovered nearly $500k. U.S. Deputy Attorney General Lisa Monaco said on July 19th that the funds…

FBI says crypto investors lost $42.7 million in fake apps

FBI says crypto investors lost $42.7 million in fake apps

A recent report from the US Federal Bureau of Investigation (FBI) revealed that cryptocurrency investors lose tons of money to cyber criminals through fake crypto investment applications.  FBI warns of fake crypto apps Scammers took advantage of legitimate investment platforms to defraud investors, the law enforcement agency said. They lured unsuspecting crypto users into downloading…

FBI Says North Korea’s Lazarus Group is Responsible for Ronin's $600M Hack

FBI Says North Korea’s Lazarus Group is Responsible for Ronin Network’s $600M Hack

Just in, the United States Federal Bureau of Investigation (FBI) has traced the infamous Ronin Network hack to the North Korea-based cybercrime group, Lazarus Group.  North Korean is Behind Ronin Network Attack Ronin confirmed the development on Thursday, writing that the US Treasury Department has sanctioned the wallet address (0x098B716B8Aaf21512996dC57EB0615e2383E2f96) involved in the attack.  “We…

NY Man Charged for Running 46 Unlicensed Bitcoin ATMs

NY Man Charged for Running 46 Unlicensed Bitcoin ATMs

On Wednesday, the Manhattan District Attorney’s Office charged a New York man, Robert Taylor, for running an unregistered Bitcoin ATM business. The 35-year-old faces charges of operating an “unlicensed money transmission business, tax fraud, and making false filings,” per Reuters.  Man Facilitated $5.6M Trades Using Unlicensed Crypto Kiosks The prosecutors claimed that Taylor operated about…

Former Ethereum Dev Virgil Griffith Sentenced to 63 Months for Siding North Korea

Former Ethereum Dev Virgil Griffith Sentenced to 63 Months for Siding North Korea

Seven months after pleading guilty, former Ethereum developer Virgil Griffith has been slammed with 63 months jail term for siding and helping the North Korean government evade US sanctions using cryptocurrency. In addition to that, Griffith was fined $100,000 by Judge Kevin Castel of the Southern District of New York. Back in November 2019, Virgil…