Hackers

 Million Crypto Laundering Ring Crushed In Hong Kong’s Latest Financial Sting

$15 Million Crypto Laundering Ring Crushed In Hong Kong’s Latest Financial Sting

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Hong Kong police have broken up a money‑laundering ring that moved 15 million through more than 550 accounts and crypto trades. Twelve suspects, aged 20 to 40, were arrested in operations across mainland China and Hong Kong. They now face charges of […]

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Europol Busts ‘Mafia Crypto Bank’ Tied to M Laundering Scheme

Europol Busts ‘Mafia Crypto Bank’ Tied to $23M Laundering Scheme

European authorities have dismantled a sprawling money laundering network dubbed the “mafia crypto bank,” arresting 17 individuals accused of laundering over €21 million ($23.5 million) in cryptocurrency for criminal groups linked to China and the Middle East. According to Europol’s statement on May 14, the criminal network facilitated money laundering for organizations involved in migrant

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TRON Blames Social Engineering Attack To Hacked X Account

TRON Blames Social Engineering Attack To Hacked X Account

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TRON’s official X account was compromised on May 2, and the team has now confirmed that the attack was due to a social engineering attack. The hackers utilized the account to advertise a contract address and allegedly sent direct messages to users

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Ledger Customers Hit by Seed Phrase Scam

Ledger Customers Hit by Seed Phrase Scam

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Thieves have opened a new front against cryptocurrency users with fake letters delivered by regular postal mail targeting owners of Ledger hardware wallets. The letters misleadingly tell recipients they need to confirm their private seed phrases for a “critical security update,” according

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Loopscale Hackers Agree To Return Stolen .8 Million — For A Price

Loopscale Hackers Agree To Return Stolen $5.8 Million — For A Price

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A cryptocurrency exchange reached an agreement with cybercriminals who hacked into millions, marking increased security issues in the digital currency industry. Loopscale revealed on April 28 that the attackers involved in a recent $5.8 million heist committed to returning the majority of

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