Grinex crypto exchange shuts down, blames Western agencies for $13.7M breach

Grinex exchange collapses after $13.7M breach, blames Western spies as Chainalysis flags possible exit scam and sanctions evasion network links claims...

Incognito Darknet Market Mass-Extorts Buyers, Sellers

Borrowing from the playbook of ransomware purveyors, the darknet narcotics bazaar Incognito Market has begun extorting all of its vendors and buyers, threatening to publish cryptocurrency transaction and chat records of users who refuse to pay a fee ranging from $100 to $20,000. The bold mass...

Exit Scam: BlackCat Ransomware Group Vanishes After $22 Million Payout

The threat actors behind the BlackCat ransomware have shut down their darknet website and likely pulled an exit scam after uploading a bogus law enforcement seizure banner. "ALPHV/BlackCat did not get seized. They are exit scamming their affiliates," security researcher Fabian Wosar said. "It is...

U.S. Pipeline Ransomware Attackers Go Dark After Servers and Bitcoin Are Seized

Just as Colonial Pipeline restored all of its systems to operational status in the wake of a crippling ransomware incident a week ago, DarkSide, the cybercrime syndicate behind the attack, claimed it lost control of its infrastructure, citing a law enforcement seizure. All the dark web sites...

Shining a Light on DARKSIDE Ransomware Operations

Update May 14: Mandiant has observed multiple actors cite a May 13 announcement that appeared to be shared with DARKSIDE RaaS affiliates by the operators of the service. This announcement stated that they lost access to their infrastructure, including their blog, payment, and CDN servers, and wou...

Authorities Take Down World's Largest Illegal Dark Web Marketplace

Europol on Tuesday said it shut down DarkMarket, the world's largest online marketplace for illicit goods, as part of an international operation involving Germany, Australia, Denmark, Moldova, Ukraine, the U.K.'s National Crime Agency NCA, and the U.S. Federal Bureau of Investigation FBI. At the...

Wall Street Market reported to have exit scammed

Around April 20, many users reported that Wall Street Market, a broadly known dark net market, had executed an exit scam, and that any pending orders were unlikely to be completed. Scamming with enterprises involving Bitcoin is not unheard of, and dark net markets with centralized escrow are...

Wall Street market exit scam? Admins steal $30 million worth of crypto

By Uzair Amir Wall Street market vendors on the dark web are urging others not to deposit their coins. As you may know, a majority of the dark web users are migrating to the Wall Street marketplace after the closure of the Dream market. Initially, this migration was successful but now a significa...

Cryptocurrency Firm Loses $145 Million After CEO Dies With Only Password

QuadrigaCX, the largest bitcoin exchange in Canada, has claimed to have lost CAD 190 million nearly USD 145 million worth of cryptocurrency after the exchange lost access to its cold offline storage wallets. Reason? Unfortunately, the only person with access to the company's offline wallet, found...

AlphaBay Shut Down After Police Raid; Alleged Founder Commits Suicide in Jail

AlphaBay Market — one of the largest Dark Web marketplaces for drugs, guns, and other illegal goods — that mysteriously went dark earlier this month without any explanation from its admins has reportedly been shut down by the international authorities. On July 4th, the dark web marketplace sudden...

AlphaBay Dark Web Market Goes Down; Users Fear Exit-Scam

AlphaBay Market, one of the largest Dark Web marketplaces for drugs, guns, and other illegal goods, suddenly disappeared overnight without any explanation from its admins, leaving its customers who have paid large sums in panic. AlphaBay, also known as "the new Silk Road," has been shut down sinc...