A 63-year-old former Malaysian engineer lost RM9.47 million (over $2 million) in a cryptocurrency investment scam, according to local police authorities. Local news outlet The Edge Malaysia reported that Police Chief Datuk M Kumar stated it received the victim's...
The United Kingdom has launched a consultation to explore a nationwide ban preventing operators of critical national infrastructure from paying ransomware cybercriminals. The proposed "targeted ban," announced on January 14 by the Home Office, would apply to public sector...
In 2024, crypto laundering associated with hacking surged to $1.3 billion, a 280% increase from $342 million in 2023, according to a January 13 report by PeckShield. The rise is primarily attributed to the significant increase in cryptocurrency prices,...
Three Russian nationals, Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov, have been charged by a U.S. federal grand jury for their roles in running cryptocurrency mixing services Blender.io and Sinbad.io. These platforms allegedly facilitated money laundering...
Orange Finance, a major liquidity management protocol on the Arbitrum network, has suffered a significant breach, losing over $840,000. The team disclosed the hack on January 8 through a post on X, urging users to refrain from interacting with...
Thai authorities are conducting an intensive search for two Russian nationals following a violent assault and robbery at a hotel in Karon Phuket, as reported by a local newspaper, highlighting the growing intersection of cryptocurrency and violent crime. The...
Law enforcement authorities in Limassol, Cyprus, are reportedly investigating a fraudulent cryptocurrency trading platform that scammed a 50-year-old man out of over $58,000. The victim discovered the platform in December 2024, drawn in by its professional design and interactive...
The Indian Ministry of Home Affairs, through its Cyber Crime Coordination Centre, has teamed up with Google and Facebook as part of its efforts to address the growing issue of cryptocurrency scams across the country. In its 2024 annual...
Vietnamese authorities have allegedly prevented losses of nearly 30 billion Vietnamese dong ($1.17 million) and saved 300 potential victims from fraudulent investments in a major cryptocurrency scam token. Hanoi City Police arrested individuals linked to Million Smiles, the company...
On-chain investigator Taylor Monahan exposed a scheme where scammers pose as recruiters from top crypto firms. They use platforms like LinkedIn, Telegram, and freelancing sites to lure targets with high-paying job offers. Victims interested in an online scheme are...
