Security News

Bloke behind Helix Bitcoin launderette jailed for three years, hands over $400M
2024-11-16 00:58

Digital money laundering pays, until it doesn't An Ohio man, who operated the Grams dark-web search engine and the Helix cryptocurrency money-laundering service associated with it, has been...

Bitfinex hacker gets 5 years in prison for 120,000 bitcoin heist
2024-11-15 16:36

A hacker responsible for stealing 119,754 Bitcoin in a 2016 hack on the Bitfinex cryptocurrency exchange was sentenced to five years in prison by U.S. authorities. [...]

Bitfinex burglar bags 5 years behind bars for Bitcoin heist
2024-11-15 14:09

A nervous wait for rapper wife who also faces a stint in the clink The US is sending the main figure behind the 2016 intrusion at crypto exchange Bitfinex to prison for five years after he stole...

Bitfinex Hacker Sentenced to 5 Years, Guilty of Laundering $10.5 Billion in Bitcoin
2024-11-15 05:30

Ilya Lichtenstein, who pleaded guilty to the 2016 hack of cryptocurrency stock exchange Bitfinex, has been sentenced to five years in prison, the U.S. Department of Justice (DoJ) announced...

Bitcoin Fog Founder Sentenced to 12 Years for Cryptocurrency Money Laundering
2024-11-09 05:42

The 36-year-old founder of the Bitcoin Fog cryptocurrency mixer has been sentenced to 12 years and six months in prison for facilitating money laundering activities between 2011 and 2021. Roman...

Alleged Bitcoin crook faces 5 years after SEC's X account pwned
2024-10-18 12:30

SIM swappers strike again, warping cryptocurrency prices An Alabama man faces five years in prison for allegedly attempting to manipulate the price of Bitcoin by pwning the US Securities and...

FTC: Over $110 million lost to Bitcoin ATM scams in 2023
2024-09-03 20:40

​The U.S. Federal Trade Commission (FTC) has reported a massive increase in losses to Bitcoin ATM scams, nearly ten times the amount from 2020 and reaching over $110 million in 2023. [...]

Ex-Engineer Charged in Missouri for Failed $750,000 Bitcoin Extortion Attempt
2024-09-03 01:58

A 57-year-old man from the U.S. state of Missouri has been arrested in connection with a failed data extortion campaign that targeted his former employer. Daniel Rhyne of Kansas City, Missouri,...

Craig Wright admits he isn't the inventor of Bitcoin after High Court judgment in UK
2024-07-17 07:33

Australian Craig Wright has finally admitted he is not the inventor of Bitcoin after losing several cases in the High Court of England and Wales, whose judge has suggested he be investigated for perjury. Wright has for years claimed to be Satoshi Nakamoto - the pseudonym used by whoever wrote the whitepaper that defined Bitcoin and created the reference architecture for the cryptocurrency.

DMM Bitcoin warns that hackers stole $300 million in Bitcoin
2024-05-31 21:06

Japanese crypto exchange DMM Bitcoin is warning that 4,502.9 Bitcoin, or approximately $308 million, has been stolen from one of its wallets today, making it the most significant cryptocurrency heist of 2024. "At approximately 1:26 p.m. on Friday, May 31, 2024, we detected an unauthorized leak of Bitcoin from our wallet," DMM Bitcoin told customers.