U.S. Shuts Down Over 40 Laptop Farms, Charges 14 in North Korean IT Worker Fraud

The U.S. Department of Justice DoJ on Tuesday charged 14 people and seized about 187 computers and KVM devices as part of its ongoing efforts to disrupt North Korea's fraudulent remote IT worker ITW scheme. The indictment charges a mix of U.S. citizens and Chinese nationals for their roles in an ...

U.K. Sanctions Cryptomus for RU Money Laundering

The United Kingdom has issued economic sanctions against Cryptomus , a chameleonic cryptocurrency platform that experts say serves as a major conduit for payments related to ransomware, narcotics, darknet markets, fraud and cybercrime services that are helping Russia circumvent existing financial...

Karina Portugal Makes the Case for Know Your Agent

Karina Portugal has spent more than ten years working in digital identity, fraud prevention, anti-money laundering and Know…...

How mule betting scams recruit ordinary people

Mule betting or third-party betting account scams are a form of money mule scam where criminals recruit or coerce people into opening gambling accounts in their own name. The criminals then use those accounts to place bets to help launder money and obscure the source or ownership of funds. The UK...

ThreatsDay: Cloud Bucket Hijacking, Windows LPE Chain, Global Fraud Bust + 17 More Stories

Most security mess starts as admin work. A link gets clicked. A tool gets trusted. A bucket name gets reused. A setting stays loose because nobody wants to touch it. This week is full of that kind of damage. Not loud. Not clever. Just small gaps doing big jobs. The worst part is how normal it all...

DoJ Seizes Huione Cloud Account Tied to Cyber Scam Money Laundering

The U.S. Department of Justice DoJ on Tuesday announced the seizure of a cloud computing account put to use by subsidiaries of Cambodia-based corporate conglomerate HuiOne Group, as the Treasury unveiled fresh sanctions against nine individuals and 26 entities linked to Prince Group. "These...

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...