Crypto Fraud

Illinois Advances New Crypto Bill To Tighten Regulations

Illinois Advances New Crypto Bill To Tighten Regulations

Leave a Comment / Bitcoin, BTC, BTCUSDT, crypto framework, Crypto Fraud, crypto investors, Crypto Market, Crypto News, crypto regulation, Illinois regulations, Illinois state representatives, illinois state senate, SBR, Strategic Bitcoin Reserve /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Illinois Senate has advanced a bill to establish comprehensive regulations for crypto businesses operating in the state and address concerns about digital assets-related fraud cases, which saw over $160 million in losses in 2023. Illinois Advances Crypto Consumer Protection Bill On Thursday, […]

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New ‘Crocodilus’ Android Malware Steals Sensitive Crypto Wallet Credentials: Research

New ‘Crocodilus’ Android Malware Steals Sensitive Crypto Wallet Credentials: Research

Leave a Comment / Blockchain News, Crocodilus, Crypto Fraud, Malware /

A new “highly capable” mobile banking malware dubbed “Crocodilus,” targets Android devices, extorting sensitive crypto wallet credentials using social engineering tactics. A recent research by cybersecurity firm Threat Fabric found the emergence of a new malware family Crocodilus. The malware is reportedly distributed through a proprietary dropper that bypasses Android 13+ restrictions. “Despite being new,

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Report Shows Security Concerns as the Major Challenge for Crypto Payment Adoption

Report Shows Security Concerns as the Major Challenge for Crypto Payment Adoption

Leave a Comment / Bitget, Blockchain News, Crypto Fraud, Crypto Payment /

Key Takeaways: Security risks and lack of legal protection remain major obstacles to crypto payment adoption. Concerns over fraud and hacks vary by region, with some users fearing irreversible losses. Despite risks, many still prefer crypto payments for speed, accessibility, and cross-border convenience. A report by Bitget, released on March 25, reveals that security concerns

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Gotbit Founder Pleads Guilty—M in Crypto Forfeited in US Fraud Crackdown

Gotbit Founder Pleads Guilty—$23M in Crypto Forfeited in US Fraud Crackdown

Leave a Comment / Bitcoin, BTCUSDT, crypto, Crypto Fraud, Crypto Market, Crypto News, Cryptocurrency, Gotbit /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Russian national and Gotbit founder, Alex Andryunin, has entered into a plea agreement with US prosecutors in connection to charges of wire fraud and cryptocurrency market manipulation. The agreement, signed with the US Attorney for the District of Massachusetts, requires Andryunin to

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Russian Gotbit Founder Strikes Plea Deal in Crypto Market Manipulation Case

Russian Gotbit Founder Strikes Plea Deal in Crypto Market Manipulation Case

Leave a Comment / Blockchain News, Crypto Fraud, Gotbit /

Gotbit founder Aleksei Andriunin, currently facing crypto market manipulation and wire fraud, has reached a plea deal with the US federal prosecutors, agreeing to forfeit about $23 million in crypto. Prosecutors had initially stated that Andriunin could face a maximum sentence of 20 years in prison for wire fraud charges and up to five years

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Microsoft Uncovers New Crypto-Stealing Malware—Is Your Wallet at Risk?

Microsoft Uncovers New Crypto-Stealing Malware—Is Your Wallet at Risk?

Leave a Comment / crypto, Crypto Fraud, Crypto malware, Crypto Market, Crypto News, Cryptocurrency, microsoft, Tech Giant /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Microsoft has identified a new remote access trojan (RAT) designed to steal cryptocurrency from users by targeting digital wallet extensions on Google Chrome. The malware, dubbed StilachiRAT, has been under investigation since November 2024, and security experts warn it poses a significant

Microsoft Uncovers New Crypto-Stealing Malware—Is Your Wallet at Risk? Read More »

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