Tudou Guarantee Marketplace Halts Telegram Transactions After Processing Over $12 Billion

A Telegram-based guarantee marketplace known for advertising a broad range of illicit services appears to be winding down its operations, according to new findings from Elliptic. The blockchain intelligence company said Tudou Guarantee has effectively ceased transactions through its public Telegr...

How Cybercrime Markets Launder Breach Proceeds and What Security Teams Miss

Explore how cybercrime markets turn stolen data into laundered funds using dollar‑pegged assets, mixers and exchanges-and why tracking BTC USDT price and stablecoin flows now matters for security, fraud and AML teams...

Researchers Uncover Service Providers Fueling Industrial-Scale Pig Butchering Fraud

Cybersecurity researchers have shed light on two service providers that supply online criminal networks with the necessary tools and infrastructure to fuel the pig butchering-as-a-service PBaaS economy. At least since 2016, Chinese-speaking criminal groups have erected industrial-scale scam cente...

Telegram Hosting World’s Largest Darknet Market

Wired is reporting on Chinese darknet markets on Telegram. The ecosystem of marketplaces for Chinese-speaking crypto scammers hosted on the messaging service Telegram have now grown to be bigger than ever before, according to a new analysis from the crypto tracing firm Elliptic. Despite a brief...

U.S. DOJ Charges 54 in ATM Jackpotting Scheme Using Ploutus Malware

The U.S. Department of Justice DoJ this week announced the indictment of 54 individuals in connection with a multi-million dollar ATM jackpotting scheme. The large-scale conspiracy involved deploying malware named Ploutus to hack into automated teller machines ATMs across the U.S. and force them ...

FBI Seizes Crypto Laundering Hub E-Note Linked to Russian Admin

The FBI and international police have shut down E-Note, a cryptocurrency exchange that laundered over $70 million for cybercriminals. Read about the indictment of a Russian and how the global task force ended his decade-long operation...

Police Dismantle EUR 700 Million Crypto Scam That Used Deepfakes

Europol and Eurojust led a massive international police operation that successfully dismantled a crypto fraud network that laundered over €700M using deepfake ads...

Dark Web Roast – November 2025 Edition

Dark Web Roast – November 2025 Edition By Trellix Advanced Research Center · December 9, 2025 Executive summary November 2025 delivered a masterclass in underground incompetence that would make any cybersecurity professional simultaneously laugh and cry. From the Silent data-extortion group getti...

Police Seize Cryptomixer Domains, Infrastructure and 28M Dollars in Bitcoin

Swiss and German police shut down Cryptomixer, seizing servers, domains and 28M dollars in Bitcoin during an Europol backed action targeting crypto laundering...

Samourai Wallet Founders Jailed in $237M Crypto Laundering Case

Samourai Wallet founders Keonne Rodriguez and William Hill were sentenced to 4 and 5 years for laundering $237M via their crypto mixer...

U.S. Sanctions 10 North Korean Entities for Laundering $12.7M in Crypto and IT Fraud

The U.S. Treasury Department on Tuesday imposed sanctions against eight individuals and two entities within North Korea's global financial network for laundering money for various illicit schemes, including cybercrime and information technology IT worker fraud. "North Korean state-sponsored hacke...

Whisper Leak: A Side-Channel Attack on Large Language Models

Large Language Models LLMs are increasingly deployed in sensitive domains including healthcare, legal services, and confidential communications, where privacy is paramount. This paper introduces Whisper Leak, a side-channel attack that infers user prompt topics from encrypted LLM traffic by...

European Authorities Dismantle €600 Million Crypto Fraud Network in Global Sweep

Nine people have been arrested in connection with a coordinated law enforcement operation that targeted a cryptocurrency money laundering network that defrauded victims of €600 million $688 million. According to a statement released by Eurojust today, the action took place between October 27 and ...

Canada Fines Cybercrime Friendly Cryptomus $176M

Financial regulators in Canada this week levied $176 million in fines against Cryptomus , a digital payments platform that supports dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services. The penalties for violating Canada's anti money-laundering laws come ten months...

Chinese gangs made over $1 billion targeting Americans with scam texts

We regularly warn our readers about new scams and phishing texts. Almost everyone gets pestered with these messages. But where are all these scam texts coming from? According to an article in The Wall Street Journal: “It has become a billion-dollar, highly sophisticated business benefiting...

Watch out for the “We are hiring” remote online evaluator message scam

Looking at our team’s recent text messages, you’d think that remote online evaluators are in high demand right now. Several members of our team have received the almost exact same job offer scam texts. The content of the messages is almost identical, but there is a variation in background images...

Police Bust Crypto Scammers, Nab Smishing SMS Blaster Operator

Thai police arrest SMS Blaster operator in smishing scam and bust crypto laundering gang moving $30M monthly through…...

Chinese Groups Launder $580M in India Using Fake Apps and Mule Accounts

CloudSEK's new report uncovers how Chinese cyber syndicates are laundering over $600 million annually in India. Learn about…...

Europol Dismantles $540 Million Cryptocurrency Fraud Network, Arrests Five Suspects

Europol on Monday announced the takedown of a cryptocurrency investment fraud ring that laundered €460 million $540 million from more than 5,000 victims across the world. The international effort, codenamed Operation Borrelli, was carried out by the Spanish Guardia Civil, along with support from...

Hybrid Stabilization Protocol for Cross-Chain Digital Assets Using Adaptor Signatures and AI-Driven Arbitrage

Stablecoins face an unresolved trilemma of balancing decentralization, stability, and regulatory compliance. We present a hybrid stabilization protocol that combines crypto-collateralized reserves, algorithmic futures contracts, and cross-chain liquidity pools to achieve robust price adherence...