$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...

US Sanctions Philippines’ Funnull Technology Over $200M Crypto Scam

The US Department of the Treasury has taken action against Funnull Technology Inc. for enabling massive pig butchering…...

Two Russians Charged in $17M Cryptocurrency Phishing Spree

U.S. authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges...

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...