CYBERCRIME

Nov 23 2024CRIME

Teen Hackers: The Rise and Fall of 'Scattered Spiders'

For nearly two years, a group of young hackers, nicknamed 'Scattered Spiders, ' wreaked havoc on major tech companies worldwide. They targeted over 130 organizations, stealing credentials from almost 10, 000 employees. Their main target was Okta, a single sign-on provider used by many companies. This cybercrime spree included notable attacks like the one against MGM ...

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Oct 06 2024CRIME

Two Russians Charged in US for Massive Money Laundering Schemes

The United States has filed charges against two Russian men, Sergey Ivanov and Timur Shakhmametov, for allegedly running billion-dollar money laundering services. Ivanov is known to have been active for nearly two decades, while Shakhmametov ran a notorious cybercriminal marketplace called Joker’s Stash, which made hundreds of millions from stolen payment card inform...

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Sep 26 2024POLITICS

Uncoupling the Web of Russian Money Laundering

The US government is preparing to charge two Russian nationals accused of masterminding a massive money laundering operation. This move is part of a broader effort to crack down on Russian cybercrime. According to sources, one of the men has been involved in money laundering for over a decade, making him one of the longest-serving professionals in the field. The two...

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Sep 23 2024CRIME

The Rise of the Crypto Thieves: A Shocking Story of Violence and Deception

In recent years, cybercriminals have been on the prowl, targeting crypto owners and stealing their digital wealth. However, one group of criminals took their tactics to a whole new level, employing real-life burglars to break into homes, threaten and intimidate owners, and force them to hand over their cryptocurrencies. The group, led by 25-year-old Remy Ra St Felix,...

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Sep 19 2024CRIME

The Shadow Network Takedown

In a groundbreaking operation, Australian law enforcement officials have charged a 32-year-old man with being the mastermind behind a secretive encrypted communication platform, dubbed "Ghost," used by global criminals to traffic drugs, launder money, and order killings. Jay Je Yoon Jung's alleged involvement in creating and administering the platform, which has been...

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Sep 16 2024CRIME

A Cryptocurrency Heist: $300,000 Stolen, a Diamond Pendant Bought, and a Mercedes-Benz Driven

Let's break down what happened in this jaw-dropping case. A 61-year-old Queens auto body shop owner had his Bitcoin worth $92,000 stolen in November 2022. He had stored his digital coins in a Blockchain wallet, and the thief, Aaron Peterson Jr., used the funds to buy a diamond pendant, a Rolex, and a Mercedes-Benz. But here's the shocking part: Peterson Jr. was just ...

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