Crypto Scam

The British IT security firm Sophos tweeted that Ryuk’s ransomware had targeted a United States-based healthcare provider. Hospitals are already facing intense pressure due to the ongoing global pandemic as the number of COVID 19 positive continue to increase exponentially.    Ransomware operators...

The Financial Services Authority in Malta had warned two crypto companies COINMALEX and Crypto Foxtrades that claimed that they are registered and licensed in Malta, but according to MFSA, those claims are false. Malta authorities issued a warning to...

US Attorney General William Barr announced a series of direct charges against President Nicolas Maduro and the main leaders of the Venezuelan regime, such as Padrino Lopez, Diosdado Cabello, Tareck El Aissami, among others offering a series of rewards...

The bitcoin scammers were found guilty of conspiring to commit wire fraud and money laundering using the leading cryptocurrency bitcoin. Karanjit Singh Khatkar and Jagroop Singh Khatkar were sentenced to 24 months in federal prison with three years of...

One of the world's leading derivatives cryptocurrency exchange BitMEX has been the topic of discussion since 12th March when the price of bitcoin dropped to as low as $3,600. The derivatives exchange went offline for around 25 minutes when...

North Korea has been repeatedly accused of using cryptocurrencies to evade sanctions put on by the USA and the UN. On 2nd March, the Department of Justice charged Tian Yinyin and Li Jiadong with laundering over $100 in cryptocurrencies...

Kenneth Rhule was charged after undercover agents exchanged over $140,000 in cash for bitcoin from him. Rhule was operating on the global peer-to-peer platform LocalBitcoins.com under the username "Gimacut93." LocalBitcoins.com acts as a bitcoin exchange with no middle party....

Wilson Auctions on Friday announced that they will hold an online auction of the crypto funds later this month. Bitcoin, Bitcoin Cash and Bitcoin Gold are among the cryptocurrencies that will be auctioned off by the Belgium officials. Wilson...

A suit filed in the federal court in Washington seeks the forfeiture of 113 crypto accounts that were used to steal more than $250 million from crypto exchanges in bitcoins and ether. Hackers from North Korea allegedly used phishing...

The FBI revealed that after analyzing bitcoin wallets and ransom notes, they believe over $140 million were paid to ransomware operators in the last six years. Cybercriminals use ransomware attacks to encrypt the data of their victims and promise...