An unidentified crypto investor has misplaced over $3 million in a extremely coordinated phishing assault after unknowingly authorizing a malicious contract. On Sept. 11, blockchain investigator ZachXBT first flagged the incident, revealing that the sufferer’s wallet was drained of $3.047 million in USDC. The attacker shortly swapped the stablecoins for Ethereum and funneled the proceeds…
On September 2, 2025, a Venus Protocol person was focused, placing roughly $13 million in danger. The assault was rooted in social engineering: malicious actors used a compromised Zoom consumer to achieve system entry. After infiltrating the sufferer’s machine, the attackers manipulated the person into submitting a blockchain transaction, which granted them delegate standing over…
The United States sanctioned 19 entities in Myanmar and Cambodia tied to cyber-fraud compounds that concentrate on victims worldwide, including new names to the OFAC sanctions list. The transfer raises rapid compliance necessities for banks, cost corporations, and crypto venues that would contact these actors via correspondent flows or dollar-linked stablecoins. Sanctions block property and…
Last week, the Seoul Metropolitan Police Agency (SMPA) announced that it has dismantled some of the refined cybercrime operations in current historical past. Their meticulous two-year investigation uncovered a stunning theft of 39 billion gained (roughly $30 million) from 258 high-profile victims, together with company executives. The worldwide hacking group had employed strategies so superior…
Hackers are utilizing Ethereum smart contracts to hide malware payloads inside seemingly benign npm packages, a tactic that turns the blockchain right into a resilient command channel and complicates takedowns. ReversingLabs detailed two npm packages, colortoolsv2 and mimelib2, that learn a contract on Ethereum to fetch a URL for a second-stage downloader fairly than hardcoding…
TL;DR OFAC sanctioned China-based chemical firm Guangzhou Tengyue Chemical Co., Ltd. and two people for trafficking artificial opioids and slicing brokers to the United States. The designation contains one Bitcoin handle linked to firm consultant Huang Xiaojun, who coordinated illicit drug shipments to the US. This motion is a part of a joint effort with…
An Indian anti-corruption court docket has sentenced 14 males to life in jail for the 2018 kidnapping and extortion of a businessman over his cryptocurrency holdings. Key Takeaways: An Indian court docket sentenced 14 males to life in jail for kidnapping a crypto investor in 2018. The sufferer was kidnapped at gunpoint and compelled to…
Argentina’s opposition events have revived a stalled investigation into President Javier Milei’s position in the LIBRA scandal, seizing on new corruption allegations which have rattled the federal government simply weeks earlier than October’s elections. The fee, first created in April however largely paralyzed by bureaucratic and congressional hurdles, was reactivated on Aug. 28 after leaked…
TL;DR “Pig butchering” scams have turn out to be a significant legal enterprise, combining funding fraud with human trafficking, leading to billions in losses worldwide. A notable case in November 2023 led to Tether and OKX collaborating with the DOJ to freeze $225M in USDT linked to human trafficking and romance scams. One other profitable…
On August 27, 2025, the U.S. Division of the Treasury’s Workplace of Overseas Property Management (OFAC) sanctioned a fraudulent IT worker network linked to the Democratic Individuals’s Republic of Korea (DPRK). A crypto address was included for Vitaliy Sergeyevich Andreyev, a Russian nationwide who facilitated funds to Chinyong Data Expertise Cooperation Firm (Chinyong), also called Jinyong…