The Australian Securities and Investments Commission (ASIC) has announced that a 21-year-old mother has been arrested following an investigation into an online syndicate accused of stealing and laundering millions of dollars worth of funds from superan…
When ransomware attackers targeted the city of New Bedford, Massachusetts, two months ago demanding $5.3 million in Bitcoin, they must have felt very confident when turning down a counter-offer of $400,000 that the city presented. That feeling probably…
The Chinese pre-university student who was reported kidnapped late last month in Australia for 80 Bitcoin has been rescued and reunited with his family. The Chinese Consulate-General in Sydney confirmed that the 20-year old Ye Jingwang who was studying…
By CCN Markets: North Korea (DPRK) is sniffing out angry flames after getting accused of siphoning $2 billion from banks and bitcoin exchanges. The communist state denied having any links with the high-profile thefts. Its state-run news agency KCNA stated that the United States and their allies are spreading “ill-hearted” lies. The media firm cited […]
The post North Korea Slams US, UN for ‘Nasty’ $2 Billion Bitcoin Theft Rumor appeared first on CCN Markets
An Indian Bitcoin fraudster defrauding its victims of nearly $63 million was brutally tortured and murdered by his accomplices after they had found out that he had duped them too. Stealing $63 million Crypto was not enough for the Gang’s Leader Accordi…
The privacy-focused instant messaging app Telegram – that is launching its blockchain in October – is reportedly used by terrorist groups to raise funds in crypto for their cause, a recent study shows. Supporting terrorists by donating car bombs for $2…
By CCN Markets: A senior UN official, Neil Walsh, claims that Bitcoin and other cryptocurrencies have made the task of fighting money laundering, terror financing, and cybercrime tougher than ever due to the relative anonymity they allegedly offer. Acc…
The Retadup malware which had been deployed on hundreds of thousands of computers around the world to secretly mine the Monero cryptocurrency and commit other illegal acts may finally be over. According to the BBC, the backend infrastructure of the Ret…
The most persistent myth about bitcoin is that the dominant cryptocurrency allows users to make anonymous transactions. That myth may have contributed to the downfall of Tina Jones, an Illinois woman who will now spend 12 years in jail for a murder-for…
A Chinese student studying in Australia is allegedly being held at ransom with the kidnappers demanding Bitcoin worth over a million Australian dollars before they can release him. According to the Southern Metropolis Daily, the father of the 20-year o…
A Chinese student studying in Australia is allegedly being held at ransom with the kidnappers demanding Bitcoin worth over a million Australian dollars before they can release him. According to the Southern Metropolis Daily, the father of the 20-year o…
By CCN Markets: One of the reasons governments have been against the adoption of bitcoin is because of its potential to be misused for illegal activities such as money laundering, and the latest report from Los Angeles, California, will give the detrac…
By CCN Markets: 7News Sydney reports that Katherine Nguyen is the first-ever Australian resident to plead guilty for cryptocurrency fraud after stealing 100,000 XRP. In 2018, twenty-four-year-old Nguyen hijacked the email account of an elderly man of t…
By CCN Markets: Two Indo-Canadians are facing fraud and money laundering charges in the U.S. after they ripped an Oregonian off their Bitcoin worth over $200,000. In a statement, U.S. Attorney in the District of Oregon Billy J. Williams indicated that …
By CCN Markets: The U.S. Treasury Department blackballed the bitcoin addresses of Chinese drug kingpins operating international drug-trafficking rings. It’s part of a move to curb the opioid epidemic ravaging the United States. The Treasury’s Office of…
An impersonator is attempting to scam followers of outspoken crypto celebrity John McAfee via Medium. The so-called “McAfee Crypto Extravaganza” promises mouth-watering 10x returns – if and only if – you deposit a small amount of Bitcoin or Ethereum in…
An Australian citizen who ran an international crypto Ponzi scheme will face justice after police in India finally arrested him – but not before he defrauded victims out of $28 million. ‘Hybrid crypto’ with low risks and high returns India’s Special Ta…
An insidious new strain of Bitcoin ransomware adds insult to injury for its unfortunate victims, as it refuses to restore access to your data – even after you fork over the ransom payment. The malware, GermanWiper, tells victims it has encrypted their data, when in reality it has erased it completely. It then demands 0.15038835 […]
The post Evil Bitcoin Ransomware Won’t Return Your Data – Even After You Pay appeared first on CCN Markets
Binance is currently running interference against what it views as a “fear, uncertainty, and doubt” campaign against the Bitcoin exchange giant. The objective of its perceived attackers seems to be making Binance users believe that their know-your-customer or private information is not private at all. The Alleged Leak That Won’t Go Away Rumors of a […]
The post Binance Rebukes ‘KYC Leak FUD’ as Controversy Roils Bitcoin Giant appeared first on CCN Markets
Cybersecurity firm Symantec has warned that Bitcoin sextortion scams are on the rise, with scammers making a fortune by targeting people who watch porn – and don’t want their loved ones to know about it. During the first five months of this…