Trump Frees Silk Road Creator Ross Ulbricht After 11 Years in Prison

Donald Trump pardoned the creator of the world’s first dark-web drug market, who is now a libertarian cause célèbre in some parts of the crypto community.

The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says

Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in transactions.

Meet ZachXBT, the Masked Vigilante Tracking Down Billions in Crypto Scams and Thefts

He just untangled a $243 million bitcoin theft, what may be the biggest-ever crypto heist to target a single victim. And he has never shown his face.

Nigeria Drops Charges Against Tigran Gambaryan, Jailed Binance Exec and Former IRS Agent

After eight months, one of the US’s most prominent crypto-crime investigators may finally be coming home.

69,000 Bitcoins Are Headed for the US Treasury—While the Agent Who Seized Them Is in Jail

The $4.4 billion in crypto is set to be the largest pile of criminal proceeds ever sold off by the US. The former IRS agent who seized the record-breaking sum, meanwhile, languishes in a Nigerian jail cell.

Pressure Grows in Congress to Treat Crypto Investigator Tigran Gambaryan, Jailed in Nigeria, as a Hostage

A new resolution echoes what 16 members of Congress have already said to the White House: It must do more to free one of the most storied crypto-focused federal agents in history.

Inside a Violent Gang's Ruthless Crypto-Stealing Home Invasion Spree

More than a dozen men threatened, assaulted, tortured, or kidnapped 11 victims in likely the worst-ever crypto-focused serial extortion case of its kind in the US.

Indian National Pleads Guilty to $37 Million Cryptocurrency Theft Scheme

An Indian national has pleaded guilty in the U.S. over charges of stealing more than $37 million by setting up a website that impersonated the Coinbase cryptocurrency exchange platform. Chirag Tomar, 30, pleaded guilty to wire fraud conspiracy, which carries a maximum sentence of 20 years in prison and a $250,000 fine. He was arrested on December 20, 2023, upon entering the country. "Tomar and

How Researchers Cracked an 11-Year-Old Password to a $3 Million Crypto Wallet

Thanks to a flaw in a decade-old version of the RoboForm password manager and a bit of luck, researchers were able to unearth the password to a crypto wallet containing a fortune.

Cyber Criminals Exploit GitHub and FileZilla to Deliver Malware Cocktail

A "multi-faceted campaign" has been observed abusing legitimate services like GitHub and FileZilla to deliver an array of stealer malware and banking trojans such as Atomic (aka AMOS), Vidar, Lumma (aka LummaC2), and Octo by impersonating credible software like 1Password, Bartender 5, and Pixelmator Pro. "The presence of multiple malware variants suggests a broad cross-platform targeting

Chinese Nationals Arrested for Laundering $73 Million in Pig Butchering Crypto Scam

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 companies. The individuals, Daren Li, 41, and Yicheng Zhang, 38, were arrested in Atlanta and Los Angeles on April 12 and May 16, respectively. The foreign nationals have been "charged for leading a scheme

Kinsing Hacker Group Exploits More Flaws to Expand Botnet for Cryptojacking

The cryptojacking group known as Kinsing has demonstrated an ability to continuously evolve and adapt, proving to be a persistent threat by swiftly integrating newly disclosed vulnerabilities to the exploit arsenal and expand its botnet. The findings come from cloud security firm Aqua, which described the threat actor as actively orchestrating illicit cryptocurrency mining

Ebury Botnet Malware Compromises 400,000 Linux Servers Over Past 14 Years

A malware botnet called Ebury is estimated to have compromised 400,000 Linux servers since 2009, out of which more than 100,000 were still compromised as of late 2023. The findings come from Slovak cybersecurity firm ESET, which characterized it as one of the most advanced server-side malware campaigns for financial gain. "Ebury actors have been pursuing monetization activities [...],

Dutch Court Sentences Tornado Cash Co-Founder to 5 Years in Prison for Money Laundering

A Dutch court on Tuesday sentenced one of the co-founders of the now-sanctioned Tornado Cash cryptocurrency mixer service to 5 years and 4 months in prison. While the name of the defendant was redacted in the verdict, it's known that Alexey Pertsev, a 31-year-old Russian national, had been awaiting trial in the Netherlands on money laundering charges.

The $2.3 Billion Tornado Cash Case Is a Pivotal Moment for Crypto Privacy

Tuesday’s verdict in the trial of Alexey Pertsev, a creator of crypto-privacy service Tornado Cash, is the first in a string of cases that could make it much harder to skirt financial surveillance.

Russian Operator of BTC-e Crypto Exchange Pleads Guilty to Money Laundering

A Russian operator of a now-dismantled BTC-e cryptocurrency exchange has pleaded guilty to money laundering charges from 2011 to 2017. Alexander Vinnik, 44, was charged in January 2017 and taken into custody in Greece in July 2017. He was subsequently extradited to the U.S. in August 2022. Vinnik and his co-conspirators have been accused of owning and managing

Ukrainian REvil Hacker Sentenced to 13 Years and Ordered to Pay $16 Million

A Ukrainian national has been sentenced to more than 13 years in prison and ordered to pay $16 million in restitution for carrying out thousands of ransomware attacks and extorting victims. Yaroslav Vasinskyi (aka Rabotnik), 24, along with his co-conspirators part of the REvil ransomware group orchestrated more than 2,500 ransomware attacks and demanded ransom payments in

A Vast New Data Set Could Supercharge the AI Hunt for Crypto Money Laundering

Blockchain analysis firm Elliptic, MIT, and IBM have released a new AI model—and the 200-million-transaction dataset it's trained on—that aims to spot the “shape” of bitcoin money laundering.

DOJ Arrests Founders of Crypto Mixer Samourai for $2 Billion in Illegal Transactions

The U.S. Department of Justice (DoJ) on Wednesday announced the arrest of two co-founders of a cryptocurrency mixer called Samourai and seized the service for allegedly facilitating over $2 billion in illegal transactions and for laundering more than $100 million in criminal proceeds. To that end, Keonne Rodriguez, 35, and William Lonergan Hill, 65, have been charged

eScan Antivirus Update Mechanism Exploited to Spread Backdoors and Miners

A new malware campaign has been exploiting the updating mechanism of the eScan antivirus software to distribute backdoors and cryptocurrency miners like XMRig through a long-standing threat codenamed GuptiMiner targeting large corporate networks. Cybersecurity firm Avast said the activity is the work of a threat actor with possible connections to a North Korean hacking group dubbed 

Ransomware Double-Dip: Re-Victimization in Cyber Extortion

Between crossovers - Do threat actors play dirty or desperate? In our dataset of over 11,000 victim organizations that have experienced a Cyber Extortion / Ransomware attack, we noticed that some victims re-occur. Consequently, the question arises why we observe a re-victimization and whether or not this is an actual second attack, an affiliate crossover (meaning an affiliate has gone to

Microsoft Warns: North Korean Hackers Turn to AI-Fueled Cyber Espionage

Microsoft has revealed that North Korea-linked state-sponsored cyber actors have begun to use artificial intelligence (AI) to make their operations more effective and efficient. "They are learning to use tools powered by AI large language models (LLM) to make their operations more efficient and effective," the tech giant said in its latest report on East Asia hacking groups. The

New RedLine Stealer Variant Disguised as Game Cheats Using Lua Bytecode for Stealth

A new information stealer has been found leveraging Lua bytecode for added stealth and sophistication, findings from McAfee Labs reveal. The cybersecurity firm has assessed it to be a variant of a known malware called RedLine Stealer owing to the fact that the command-and-control (C2) server IP address has been previously identified as associated with the malware. RedLine Stealer,&nbsp

Akira Ransomware Gang Extorts $42 Million; Now Targets Linux Servers

Threat actors behind the Akira ransomware group have extorted approximately $42 million in illicit proceeds after breaching the networks of more than 250 victims as of January 1, 2024. "Since March 2023, Akira ransomware has impacted a wide range of businesses and critical infrastructure entities in North America, Europe, and Australia," cybersecurity agencies from the Netherlands and the U.S.,

Hackers Exploit OpenMetadata Flaws to Mine Crypto on Kubernetes

Threat actors are actively exploiting critical vulnerabilities in OpenMetadata to gain unauthorized access to Kubernetes workloads and leverage them for cryptocurrency mining activity. That's according to the Microsoft Threat Intelligence team, which said the flaws have been weaponized since the start of April 2024. OpenMetadata is an open-source platform that operates as a

Ex-Security Engineer Jailed 3 Years for $12.3 Million Crypto Exchange Thefts

A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency exchanges in July 2022 and stealing over $12.3 million. Shakeeb Ahmed, the defendant in question, pled guilty to one count of computer fraud in December 2023 following his arrest in July. "At the time of both attacks,

Beware: GitHub's Fake Popularity Scam Tricking Developers into Downloading Malware

Threat actors are now taking advantage of GitHub's search functionality to trick unsuspecting users looking for popular repositories into downloading spurious counterparts that serve malware. The latest assault on the open-source software supply chain involves concealing malicious code within Microsoft Visual Code project files that's designed to download next-stage payloads from a remote URL,

Attackers Using Obfuscation Tools to Deliver Multi-Stage Malware via Invoice Phishing

Cybersecurity researchers have discovered an intricate multi-stage attack that leverages invoice-themed phishing decoys to deliver a wide range of malware such as Venom RAT, Remcos RAT, XWorm, NanoCore RAT, and a stealer that targets crypto wallets. The email messages come with Scalable Vector Graphics (SVG) file attachments that, when clicked, activate the infection sequence, Fortinet

Google Sues App Developers Over Fake Crypto Investment App Scam

Google has filed a lawsuit in the U.S. against two app developers for allegedly engaging in an "international online consumer investment fraud scheme" that tricked users into downloading bogus Android apps from the Google Play Store and other sources and stealing their funds under the guise of promising higher returns. The individuals in question are Yunfeng Sun (aka Alphonse Sun) and Hongnam

Researchers Identify Multiple China Hacker Groups Exploiting Ivanti Security Flaws

Multiple China-nexus threat actors have been linked to the zero-day exploitation of three security flaws impacting Ivanti appliances (CVE-2023-46805, CVE-2024-21887, and CVE-2024-21893). The clusters are being tracked by Mandiant under the uncategorized monikers UNC5221, UNC5266, UNC5291, UNC5325, UNC5330, and UNC5337. Also previously linked to the exploitation spree is a Chinese

Cryptocurrency and Blockchain security due diligence: A guide to hedge risk

Blockchain technology has experienced remarkable adoption in recent years, driven by its use across a broad spectrum of institutions, governments, retail investors, and users. However, this surge in… Read more on Cisco Blogs

Indian Government Rescues 250 Citizens Forced into Cybercrime in Cambodia

The Indian government said it has rescued and repatriated about 250 citizens in Cambodia who were held captive and coerced into running cyber scams. The Indian nationals "were lured with employment opportunities to that country but were forced to undertake illegal cyber work," the Ministry of External Affairs (MEA) said in a statement, adding it had rescued 75 people in the past three

Hackers Target macOS Users with Malicious Ads Spreading Stealer Malware

Malicious ads and bogus websites are acting as a conduit to deliver two different stealer malware, including Atomic Stealer, targeting Apple macOS users. The ongoing infostealer attacks targeting macOS users may have adopted different methods to compromise victims' Macs, but operate with the end goal of stealing sensitive data, Jamf Threat Labs said in a report published Friday. One

Critical Unpatched Ray AI Platform Vulnerability Exploited for Cryptocurrency Mining

Cybersecurity researchers are warning that threat actors are actively exploiting a "disputed" and unpatched vulnerability in an open-source artificial intelligence (AI) platform called Anyscale Ray to hijack computing power for illicit cryptocurrency mining. "This vulnerability allows attackers to take over the companies' computing power and leak sensitive data," Oligo Security researchers Avi

U.S. Sanctions 3 Cryptocurrency Exchanges for Helping Russia Evade Sanctions

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned three cryptocurrency exchanges for offering services used to evade economic restrictions imposed on Russia following its invasion of Ukraine in early 2022. This includes Bitpapa IC FZC LLC, Crypto Explorer DMCC (AWEX), and Obshchestvo S Ogranichennoy Otvetstvennostyu Tsentr Obrabotki Elektronnykh Platezhey (

Hackers Hijack GitHub Accounts in Supply Chain Attack Affecting Top-gg and Others

Unidentified adversaries orchestrated a sophisticated attack campaign that has impacted several individual developers as well as the GitHub organization account associated with Top.gg, a Discord bot discovery site. "The threat actors used multiple TTPs in this attack, including account takeover via stolen browser cookies, contributing malicious code with verified commits, setting up a custom

German Police Seize 'Nemesis Market' in Major International Darknet Raid

German authorities have announced the takedown of an illicit underground marketplace called Nemesis Market that peddled narcotics, stolen data, and various cybercrime services. The Federal Criminal Police Office (aka Bundeskriminalamt or BKA) said it seized the digital infrastructure associated with the darknet service located in Germany and Lithuania and confiscated €94,000 ($102,107)

U.S. Sanctions Russians Behind 'Doppelganger' Cyber Influence Campaign

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on Wednesday announced sanctions against two 46-year-old Russian nationals and the respective companies they own for engaging in cyber influence operations. Ilya Andreevich Gambashidze (Gambashidze), the founder of the Moscow-based company Social Design Agency (SDA), and Nikolai Aleksandrovich Tupikin (Tupikin), the CEO and

TeamCity Flaw Leads to Surge in Ransomware, Cryptomining, and RAT Attacks

Multiple threat actors are exploiting the recently disclosed security flaws in JetBrains TeamCity software to deploy ransomware, cryptocurrency miners, Cobalt Strike beacons, and a Golang-based remote access trojan called Spark RAT. The attacks entail the exploitation of CVE-2024-27198 (CVSS score: 9.8) that enables an adversary to bypass authentication measures and gain administrative

New BunnyLoader Malware Variant Surfaces with Modular Attack Features

Cybersecurity researchers have discovered an updated variant of a stealer and malware loader called BunnyLoader that modularizes its various functions as well as allow it to evade detection. "BunnyLoader is dynamically developing malware with the capability to steal information, credentials and cryptocurrency, as well as deliver additional malware to its victims," Palo Alto Networks

New DEEP#GOSU Malware Campaign Targets Windows Users with Advanced Tactics

A new elaborate attack campaign has been observed employing PowerShell and VBScript malware to infect Windows systems and harvest sensitive information. Cybersecurity company Securonix, which dubbed the campaign DEEP#GOSU, said it's likely associated with the North Korean state-sponsored group tracked as Kimsuky (aka Emerald Sleet, Springtail, or Velvet Chollima). "The malware payloads used in

Hackers Using Sneaky HTML Smuggling to Deliver Malware via Fake Google Sites

Cybersecurity researchers have discovered a new malware campaign that leverages bogus Google Sites pages and HTML smuggling to distribute a commercial malware called AZORult in order to facilitate information theft. "It uses an unorthodox HTML smuggling technique where the malicious payload is embedded in a separate JSON file hosted on an external website," Netskope Threat Labs

LockBit Ransomware Hacker Ordered to Pay $860,000 After Guilty Plea in Canada

A 34-year-old Russian-Canadian national has been sentenced to nearly four years in jail in Canada for his participation in the LockBit global ransomware operation. Mikhail Vasiliev, an Ontario resident, was originally arrested in November 2022 and charged by the U.S. Department of Justice (DoJ) with "conspiring with others to intentionally damage protected computers and to transmit

Watch Out: These PyPI Python Packages Can Drain Your Crypto Wallets

Threat hunters have discovered a set of seven packages on the Python Package Index (PyPI) repository that are designed to steal BIP39 mnemonic phrases used for recovering private keys of a cryptocurrency wallet. The software supply chain attack campaign has been codenamed BIPClip by ReversingLabs. The packages were collectively downloaded 7,451 times prior to them being removed from

Binance’s Top Crypto Crime Investigator Is Being Detained in Nigeria

Tigran Gambaryan, a former crypto-focused US federal agent, and a second Binance executive, Nadeem Anjarwalla, have been held in Abuja without passports for two weeks.

BianLian Threat Actors Exploiting JetBrains TeamCity Flaws in Ransomware Attacks

The threat actors behind the BianLian ransomware have been observed exploiting security flaws in JetBrains TeamCity software to conduct their extortion-only attacks. According to a new report from GuidePoint Security, which responded to a recent intrusion, the incident "began with the exploitation of a TeamCity server which resulted in the deployment of a PowerShell implementation of

Exit Scam: BlackCat Ransomware Group Vanishes After $22 Million Payout

The threat actors behind the BlackCat ransomware have shut down their darknet website and likely pulled an exit scam after uploading a bogus law enforcement seizure banner. "ALPHV/BlackCat did not get seized. They are exit scamming their affiliates," security researcher Fabian Wosar said. "It is blatantly obvious when you check the source code of the new takedown notice." "There

New Phishing Kit Leverages SMS, Voice Calls to Target Cryptocurrency Users

A novel phishing kit has been observed impersonating the login pages of well-known cryptocurrency services as part of an attack cluster codenamed CryptoChameleon that’s designed to primarily target mobile devices. “This kit enables attackers to build carbon copies of single sign-on (SSO) pages, then use a combination of email, SMS, and voice phishing to trick the target into sharing

WordPress Plugin Alert - Critical SQLi Vulnerability Threatens 200K+ Websites

A critical security flaw has been disclosed in a popular WordPress plugin called Ultimate Member that has more than 200,000 active installations. The vulnerability, tracked as CVE-2024-1071, carries a CVSS score of 9.8 out of a maximum of 10. Security researcher Christiaan Swiers has been credited with discovering and reporting the flaw. In an advisory published last week, WordPress

North Korean Hackers Targeting Developers with Malicious npm Packages

A set of fake npm packages discovered on the Node.js repository has been found to share ties with North Korean state-sponsored actors, new findings from Phylum show. The packages are named execution-time-async, data-time-utils, login-time-utils, mongodb-connection-utils, and mongodb-execution-utils. One of the packages in question, execution-time-async, masquerades as its legitimate

New Migo Malware Targeting Redis Servers for Cryptocurrency Mining

A novel malware campaign has been observed targeting Redis servers for initial access with the ultimate goal of mining cryptocurrency on compromised Linux hosts. "This particular campaign involves the use of a number of novel system weakening techniques against the data store itself," Cado security researcher Matt Muir said in a technical report. The cryptojacking attack is facilitated

LockBit Ransomware Operation Shut Down; Criminals Arrested; Decryption Keys Released

The U.K. National Crime Agency (NCA) on Tuesday confirmed that it obtained LockBit's source code as well as a wealth of intelligence pertaining to its activities and their affiliates as part of a dedicated task force called Operation Cronos. "Some of the data on LockBit's systems belonged to victims who had paid a ransom to the threat actors, evidencing that even when a ransom is paid, it

CISA Warning: Akira Ransomware Exploiting Cisco ASA/FTD Vulnerability

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Thursday added a now-patched security flaw impacting Cisco Adaptive Security Appliance (ASA) and Firepower Threat Defense (FTD) software to its Known Exploited Vulnerabilities (KEV) catalog, following reports that it's being likely exploited in Akira ransomware attacks. The vulnerability in question is CVE-2020-

Glupteba Botnet Evades Detection with Undocumented UEFI Bootkit

The Glupteba botnet has been found to incorporate a previously undocumented Unified Extensible Firmware Interface (UEFI) bootkit feature, adding another layer of sophistication and stealth to the malware. "This bootkit can intervene and control the [operating system] boot process, enabling Glupteba to hide itself and create a stealthy persistence that can be extremely difficult to

U.S. Offers $10 Million Bounty for Info Leading to Arrest of Hive Ransomware Leaders

The U.S. Department of State has announced monetary rewards of up to $10 million for information about individuals holding key positions within the Hive ransomware operation. It is also giving away an additional $5 million for specifics that could lead to the arrest and/or conviction of any person "conspiring to participate in or attempting to participate in Hive ransomware activity."

New Coyote Trojan Targets 61 Brazilian Banks with Nim-Powered Attack

Sixty-one banking institutions, all of them originating from Brazil, are the target of a new banking trojan called Coyote. "This malware utilizes the Squirrel installer for distribution, leveraging Node.js and a relatively new multi-platform programming language called Nim as a loader to complete its infection," Russian cybersecurity firm Kaspersky said in a Thursday report. What

Belarusian National Linked to BTC-e Faces 25 Years for $4 Billion Crypto Money Laundering

A 42-year-old Belarusian and Cypriot national with alleged connections to the now-defunct cryptocurrency exchange BTC-e is facing charges related to money laundering and operating an unlicensed money services business. Aliaksandr Klimenka, who was arrested in Latvia on December 21, 2023, was extradited to the U.S. and is currently being held in custody. If convicted, he faces a maximum penalty

The Mystery of the $400 Million FTX Heist May Have Been Solved

An indictment against three Americans suggests that at least some of the culprits behind the theft of an FTX crypto fortune may be in custody.

FritzFrog Returns with Log4Shell and PwnKit, Spreading Malware Inside Your Network

The threat actor behind a peer-to-peer (P2P) botnet known as FritzFrog has made a return with a new variant that leverages the Log4Shell vulnerability to propagate internally within an already compromised network. "The vulnerability is exploited in a brute-force manner that attempts to target as many vulnerable Java applications as possible," web infrastructure and security

Exposed Docker APIs Under Attack in 'Commando Cat' Cryptojacking Campaign

Exposed Docker API endpoints over the internet are under assault from a sophisticated cryptojacking campaign called Commando Cat. "The campaign deploys a benign container generated using the Commando project," Cado security researchers Nate Bill and Matt Muir said in a new report published today. "The attacker escapes this container and runs multiple payloads on the