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Ex-Mitsubishi Electric CEO’s Son Charged with Violent Crypto Theft
14.2.2023
The son of the former CEO of Mitsubishi Electric has been arrested in a violent crypto robbery and kidnapping case in Japan – which saw a crypto holder allegedly confined and beaten over period of 20 days....
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Seoul Sanctions North Korea Over Crypto Theft
12.2.2023
South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile development projects. South Korea Hits North Korean...
South Korea sets independent sanctions for crypto theft against North Korea
10.2.2023
The sanctions against several well-known individuals and hacking groups came just hours after S. Korea announced a joint cyber venture with U.S. intelligence agencies against ransomware threats
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils
8.2.2023
The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state....
North Korea Crypto Theft Hit Record High Last Year, UN Says: Reuters
7.2.2023
The estimated value of stolen crypto asset ranges from $630 million to more than $1 billion
'Blockchain Bandit' reawakens: $90M in stolen crypto seen shifting
26.1.2023
The hacker accumulated as much as $90 million worth of crypto during a six-year thieving spree
Reversible transactions could mitigate crypto theft — Researchers
26.9.2022
The proposal puts forward an “opt-in” token standard that would enable victims to report theft to a governance contract, with algorithms helping to identify and freeze ill-gotten gains
Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Europe
1.9.2022
Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their victims through call centers to collect personal financial information....
Coinbase Loses Bid to Force Arbitration in Crypto Theft Lawsuit
12.4.2022
The U.S. District Court for Northern California found the exchange's arbitration agreement to be "unconscionable and... unenforceable."
The 4th Largest Crypto Theft Shows DeFi Weakness as Hacker Nets USD 325M in Solana's Wormhole
3.2.2022
The DeFi bridge between Solana (SOL) and other blockchains Wormhole lost wETH 120,000 (USD 325m) in a hack, once again stressing the weaknesses of this nascent sector. The team offered the hacker a USD 10m bounty if they return the funds.
In their latest update (12:41 AM UTC), Wormhole...
Canada Detains Teen for Alleged $36 Million Cryptocurrency Theft
21.11.2021
A teenager has been arrested in Canada after committing what law enforcement officials in Ontario have described as the largest crypto theft by a single person. The Canadian is accused of stealing tens of millions of dollars through a SIM swap targeting a crypto holder in the U.S. Teen Arrested...
Canadian Youth Arrested Over USD 36.4M Crypto Theft
18.11.2021
A Hamilton youngster has been arrested for alleged involvement in the theft of over USD 36.5m worth of digital assets - the biggest theft reported by one person.
Hamilton is a port city in the Canadian province of Ontario. The arrest came as a result of a joint investigation between Hamilton...
How to Prevent Crypto Theft - And Whom to Blame When It Does Happen
28.9.2021
https://cryptonews.com/tags/microsoft/">Microsoft, Expedia, Shopify, Etsy, Phillipp Plein, Whole Foods (owned by Amazon)
Coinbase users angry with customer support after funds disappear from accounts
25.8.2021
Coinbase customers are venting again in frustration with the lack of customer support from the $65 billion company
Police in Latvia Thwart Brutal Crypto Theft and Murder Plot
22.10.2020
Police in Latvia said they have intercepted a gruesome kidnap and murder attempt on two people, at least once of whom has significant cryptoasset holdings – and torture at least one victim into revealing their private keys and other details.
Per an official release from the Latvian police service...
From Call Centers to Cryptos: India’s Scammers Don't Seem to Stop
11.8.2020
As cryptos gain ground in India and Bitcoin price spikes, Indian scammers are likely to make the most of the opportunity
New Action Movie Features Billion Dollar Crypto Theft
8.7.2020
New movie “Money Plane” features a plot about a heist from a ‘bulletproof casino in the sky’ carrying $1 billion in crypto
AT&T Loses Bid to Dismiss $1.8M Crypto Theft Lawsuit
20.5.2020
AT&T’s bid to dismiss a lawsuit alleging it was negligent for failing to prevent the theft of $1.8 million worth of crypto has been rejected
French Businessman Detained for Stealing €1.2 Million in Crypto From His Partners
30.12.2019
An investigation launched on the request of a French startup has led to the indictment of a 37-year-old entrepreneur accused of stealing 182 BTC from the company he cofounded. Embezzlement of money is one the charges brought against him by the public prosecutor’s office in Paris. Also read:...
IRS Releases ‘Tax Cheat’ Info Raising Concerns About Crypto Theft
30.9.2019
The U.S. Internal Revenue Service (IRS) released a new report and infographic on Thursday illustrating unpaid or underpaid taxes for the years 2011 – 2013. The numbers reflect estimates based on the last such findings, for the years 2008 – 2010. With commissioner Chuck Rettig citing...