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News
Feds Have Now Frozen $938M in Scam Crypto After Telegram Market Bust
5+ hour, 15+ min ago (443+ words) Federal authorities restrained about $52 million in scam-linked cryptocurrency in a single day during a crackdown on Xinbi Guarantee, lifting the Justice Department strike force’s running total to roughly $938 million. Treasury says the marketplace processed more than $24 billion and was reportedly…...
Feds Freeze $938M in Crypto Linked to Telegram Scam
2+ hour, 3+ min ago (20+ words) Federal authorities froze $938M in crypto tied to an alleged Telegram marketplace scam, restricting wallets and assets while probe continues....
AI-powered fraud is becoming personal: How cybercriminals are exploiting trust at unprecedented scale
1+ day, 11+ hour ago (640+ words) Why organizations are moving past full digital sovereignty Canada eyes researchers looking to leave ‘hostile’ US AI-powered fraud is becoming personal: How cybercriminals are exploiting trust at unprecedented scale Robotics meets ultrafast lasers: Could a new generation of tools transform…...
Treasury Sanctions $24 Billion China-Linked Scam Marketplace as DOJ Restrains $52 Million in Crypto
1+ day, 12+ hour ago (576+ words) The Treasury Department has sanctioned a China-linked online marketplace that federal officials say helped criminal networks run cyber scams, launder money and target Americans. The Office of Foreign Assets Control designated Xinbi Guarantee as a significant transnational criminal organization on…...
Ukrainian National Sentenced to Four Years in Prison for Wire Fraud Conspiracy in Connection with Conti Ransomware
2+ day, 11+ hour ago (728+ words) finchannel.com Ukrainian National Sentenced to Four Years in Prison for Wire Fraud Conspiracy in Connection with Conti Ransomware According to court documents, Lytvynenko, formerly of Cork, Ireland, conspired with others to deploy Conti ransomware to extort victims and steal…...
BBB warns of AI voice cloning scams targeting families near Grandparents’ Day
2+ day, 14+ hour ago (227+ words) ROCKFORD, Ill. (WTVO) — As Grandparents’ Day nears, the Better Business Bureau is warning consumers about scams that use artificial intelligence to mimic the voices of family members and friends. The BBB says these scams usually involve a call, text, or email…...
Company Linked to Theft of 153M Driver's Licenses Confirms Possible Breach
2+ day, 17+ hour ago (275+ words) IDScan.net admits it may have suffered a breach, after a hacker appeared to steal over 153 million driver’s licenses from the vendor’s ID verification system. Louisiana-based IDScan hasn’t responded to requests for comment about the situation. But cybersecurity journalist Brian…...
IDScan confirms breach after hackers offer 153 million driver’s license scans for sale
2+ day, 13+ hour ago (471+ words) Identity verification firm IDScan said hackers obtained customer data held in its cloud platform following recent reports connecting the company to a database breach exposing scans of some 153 million driver’s licenses. The company confirmed a hack in a notice published…...
Bitcoin time-delay locks could prevent bridge bugs from causing total losses: Rootstock co-founder
2+ day, 14+ hour ago (1312+ words) Rootstock co-founder Sergio Lerner has called for Bitcoin bridges to adopt mandatory withdrawal delays after about 4,000 BTC left Liquid Network’s federation wallet through an unauthorized peg-out. Sergio Lerner, chief scientist and co-founder of RootstockLabs, told crypto.news that immediate settlement…...
Fake Downloads and Phishing Texts: How Scammers Target Privacy and Crypto Users
2+ day, 15+ hour ago (1297+ words) Privacy-conscious internet users and cryptocurrency holders have become prime targets for scammers. Two of the most effective attack methods being used today are fake downloads and phishing text messages. Both exploit trust and urgency in ways that can be devastating…...