DoJ Disrupts Southeast Asia Crypto Fraud Networks, Freezes $3.8 Million in Assets

The U.S. Department of Justice DoJ on Wednesday announced the results of a sweeping action undertaken by government authorities and private sector companies to combat cyber-enabled and cryptocurrency fraud targeting Americans. The "Disruption Week" operation began May 18, 2026, leading to the...

Global Crackdown Arrests 276, Shuts 9 Crypto Scam Centers, Seizes $701M

A coordinated international operation involving U.S. and Chinese authorities has arrested at least 276 suspects and shut down nine scam centers used for cryptocurrency investment fraud schemes targeting Americans, resulting in millions of dollars in losses. The crackdown was led by the Dubai...

Two Cybersecurity Professionals Get 4-Year Sentences in BlackCat Ransomware Attacks

The U.S. Department of Justice DoJ on Thursday announced the sentencing of two cybersecurity professionals to four years each in prison for their role in facilitating BlackCat ransomware attacks in 2023. Ryan Goldberg , 40, of Georgia, and Kevin Martin , 36, of Texas, were accused of deploying th...

$13.74M Hack Shuts Down Sanctioned Grinex Exchange After Intelligence Claims

Grinex, a Kyrgyzstan-incorporated cryptocurrency exchange sanctioned by the U.K. and the U.S. last year, said it's suspending operations after it blamed Western intelligence agencies for a $13.74 million hack. The exchange said it fell victim to what it described as a large-scale cyber attack tha...

DoJ Seizes $61 Million in Tether Linked to Pig Butchering Crypto Scams

The U.S. Department of Justice DoJ this week announced the seizure of $61 million worth of Tether that were allegedly associated with bogus cryptocurrency schemes known as pig butchering. The confiscated funds were traced to cryptocurrency addresses used for the laundering of criminally derived...

Dark Web Roast - January 2026 Edition

Dark Web Roast - January 2026 Edition By Trellix Advanced Research Center · February 11, 2026 Executive Summary Welcome to January 2026's underground intelligence roundup, where criminal masterminds continue to demonstrate that the phrase "honour among thieves" remains the greatest oxymoron in...

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 ...

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...

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...

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…...