Evgenii Ptitsyn, a Russian ransomware mastermind, has been extradited from South Korea to the U.S. to face charges for leading the Phobos malware operation, responsible for $16 million in damages. The DOJ announced this as part of its ongoing effort to combat global cybercrime, especially targeting critical infrastructure.
BlackCat ransomware is an advanced tool used by cybercriminals for attacks in the crypto sphere.
Transak suffered a data breach impacting over 57,000 users due to a phishing attack on an employee's laptop, leading to the exposure of personal user data. The Stormous ransomware group has claimed responsibility for this crypto hack, raising concerns over security protocols.
Transak experienced a data breach affecting over 57,000 users, with the Stormous ransomware gang claiming responsibility. The gang also claims involvement in a prior hack of Fractal ID.
HSI, part of the U.S. Department of Homeland Security, has prevented over 500 ransomware attacks and seized $2 billion in crypto since 2021, aiming to thwart threats before they become malicious.
The US Department of Homeland Security claims to have prevented over 500 crypto ransom attacks since 2021.
German authorities closed 47 illegal crypto exchanges, seizing millions for their involvement in criminal activities.
German authorities shut down 47 cryptocurrency exchanges aiding ransomware gangs in money laundering, leveraging anonymity to evade KYC rules.
Chainalysis reports an increase in ransomware attacks in early 2024.
Chainalysis reports a 20% drop in overall crypto crime, but stolen funds and ransomware inflows have surged by 2024. Criminals increasingly target centralized exchanges over DeFi protocols.
Chainalysis reports a 20% decrease in overall illicit cryptocurrency activity while ransomware and stolen funds escalate.
In 2024, cryptocurrency crime has surged, with a notable rise in Bitcoin thefts and ransomware attacks targeting centralized exchanges.
Chainalysis reports a significant increase in ransomware attacks and theft of funds in the cryptocurrency sector, despite a decrease in illegal transactions overall.
Illicit blockchain activity declined by 20% year-to-date, but stolen funds and ransomware inflows increased, according to Chainalysis.
Illicit cryptocurrency transactions have declined in 2024, but certain criminal activities in the crypto sector, like hacks and ransomware, have increased, says Chainalysis.
Chainalysis reports a 19.6% decrease in total illegal crypto activity in 2024, but stolen funds and ransomware activities have increased.
Cryptocurrency-related crimes, especially ransomware and scams, are on the rise, with stolen funds reaching $1.58 billion by July 2024.
North Korean indicted for ransomware attacks on US hospitals, with money laundering involving cryptocurrency proceeds. $10 million reward offered.
Russian-speaking threat actors are leading numerous crypto-related cybercrimes, including ransomware and darknet markets, with Garantex spearheading sanctioned transactions in 2023.
Crypto losses to ransomware totaled more than $500 million last year, mainly due to Russian-speaking hackers.
Russia leads illegal crypto activities in 2023, with Russian-speaking hacker groups making up 70% of ransomware earnings, according to a TRM Labs report.
A TRM Labs study reveals that Russian-speaking hackers accounted for nearly 70% of all cryptocurrency earnings from ransomware in 2023, highlighting their significant role in illegal crypto operations.
LockBit ransomware group claims to have breached the U.S. Federal Reserve and demands ransom, potentially exposing 33 terabytes of sensitive banking data.
A Ukrainian man, Yaroslav Vasinskyi, was sentenced to over 13 years in prison by a Texas Court for his involvement with the REvil ransomware group, marking a significant step in the global fight against cybercrime.
Yaroslav Vasinskyi, also known as "Rabotnik," was sentenced to 13 years in prison for conducting ransomware attacks valued at $700 million.
Yaroslav Vasinskyi, a Ukrainian hacker, received a sentence exceeding 13 years for perpetrating over 2,500 ransomware attacks, seeking $700 million in damages. The US is intensifying its ransomware crackdown.
Yaroslav Vasinskyi, aka Rabotnik, a member of the REvil ransomware group, received a 13-year prison sentence for conducting 2,500 ransomware attacks and demanding $700 million in ransoms.
