DPRK Operatives Impersonate Professionals on LinkedIn to Infiltrate Companies

The information technology IT workers associated with the Democratic People's Republic of Korea DPRK are now applying to remote positions using real LinkedIn accounts of individuals they're impersonating, marking a new escalation of the fraudulent scheme. "These profiles often have verified...

Ransomware Hackers and Scammers Utilizing Cloud Mining to Launder Cryptocurrency

Ransomware actors and cryptocurrency scammers have joined nation-state actors in abusing cloud mining services to launder digital assets, new findings reveal. "Cryptocurrency mining is a crucial part of our industry, but it also holds special appeal to bad actors, as it provides a means to acquir...

Two Russian Nationals Charged for Masterminding Mt. Gox Crypto Exchange Hack

The U.S. Department of Justice DoJ has charged two Russian nationals in connection with masterminding the 2014 digital heist of the now-defunct cryptocurrency exchange Mt. Gox. According to unsealed indictments released last week, Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, have been accuse...

U.S. Arrests Two and Seizes $3.6 Billion Cryptocurrency Stolen in 2016 Bitfinex Hack

The U.S. Justice Department DoJ on Tuesday announced the arrest of a married couple in connection with conspiring to launder cryptocurrency worth $4.5 billion that was siphoned during the hack of the virtual currency exchange Bitfinex in 2016. Ilya Lichtenstein, 34, and his wife, Heather Morgan,...

2 Chinese Charged with Laundering $100 Million for North Korean Hackers

Two Chinese nationals have been charged by the US Department of Justice DoJ and sanctioned by the US Treasury for allegedly laundering $100 million worth of virtual currency using prepaid Apple iTunes gift cards. According to a newly unsealed court document, the illicit funds originated from a $2...

Crypto Currency Laundering Service, BestMixer.io, Taken Down by Law Enforcement

ARCHIVED STORY Cryptocurrency Laundering Service, BestMixer.io, Taken Down by Law Enforcement By John Fokker · May 22, 2019 A much overlooked but essential part in financially motivated cybercrime is making sure that the origins of criminal funds are obfuscated or made to appear legitimate, a...

Crypto Currency Laundering Service, BestMixer.io, Taken Down by Law Enforcement

ARCHIVED STORY Cryptocurrency Laundering Service, BestMixer.io, Taken Down by Law Enforcement By John Fokker · May 22, 2019 A much overlooked but essential part in financially motivated cybercrime is making sure that the origins of criminal funds are obfuscated or made to appear legitimate, a...