Security News

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...

Dark web crypto laundering kingpin sentenced to 12.5 years in prison
2024-11-11 12:38

Prosecutors hand Russo-Swede a half-billion bill The operator of the longest-running money laundering machine in dark web history, Bitcoin Fog, has been sentenced to 12 years and six months in US prison.…

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...

U.S. Sanctions Two Crypto Exchanges for Facilitating Cybercrime and Money Laundering
2024-09-27 07:47

The U.S. government on Thursday sanctioned two cryptocurrency exchanges and unsealed an indictment against a Russian national for his alleged involvement in the operation of several money...

Russian laundering millions for Lazarus hackers arrested in Argentina
2024-08-23 13:59

The federal police in Argentina (PFA) have arrested a 29-year-old Russian national in Buenos Aires, who is facing money laundering charges related to cryptocurrency proceeds of the notorious North...

Cryptonator seized for laundering ransom payments, stolen crypto
2024-08-02 17:27

U.S. and German law enforcement seized the domain of the crypto wallet platform Cryptonator, used by ransomware gangs, darknet marketplaces, and other illicit services, and indicted its operator. [...]

U.S. Sentences 31-Year-Old to 10 Years for Laundering $4.5M in Email Scams
2024-05-29 11:50

The U.S. Department of Justice (DoJ) has sentenced a 31-year-old to 10 years in prison for laundering more than $4.5 million through business email compromise (BEC) schemes and romance scams....

Laundering cash from healthcare, romance scams lands US man in prison for a decade
2024-05-22 18:00

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Chinese Nationals Arrested for Laundering $73 Million in Pig Butchering Crypto Scam
2024-05-19 09:46

The U.S. Department of Justice (DoJ) has charged two arrested Chinese nationals for allegedly orchestrating a pig butchering scam that laundered at least $73 million from victims through shell...

US arrests suspects behind $73M ‘pig butchering’ laundering scheme
2024-05-17 15:57

The U.S. Department of Justice charged two suspects for allegedly leading a crime ring that laundered at least $73 million from cryptocurrency investment scams, also known as "Pig butchering." In pig butchering scams, criminals approach targets using various messaging apps, dating platforms, or social media platforms to build trust and introduce them to investment schemes that help them drain the victims' cryptocurrency wallets.