Search
FinCEN Links More Than $5 Billion in Bitcoin Transactions to Ransomware
19.10.2021
FinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued last week that the mean average total monthly suspicious amount of ransomware transactions...
Crypto adoption in sights: Regulators and industry join to fight ransomware
14.10.2021
As the crypto industry continues to develop at a rapid pace, so do the ransomware attacks, but regulators now seem ready to step in
NÚKIB: Do Česka se vrátil ransomware a incidenty rostou ve vzdělávacích institucích
14.10.2021
Září se podle Národního úřadu pro kybernetickou a informační bezpečnost stalo prozatím nejklidnějším měsícem letošního roku. NÚKIB řešil pouze pět incidentů a žádný neměl závažné dopady, aby byl klasifikovaný jako významný
New Australian ransomware plan allows for seizure of crypto
13.10.2021
Australian authorities will be able to seize or freeze cryptocurrencies linked to cybercrime under new legislation
Chainalysis acquires cybercrime investigative firm Excygent in fight against ransomware attacks
6.10.2021
“Following the flow of ransomware payments on the blockchain is instrumental for law enforcement to understand and dismantle ransomware operations,” said Chainalysis CEO Michael Gronager
FBI Works With Europol to Arrest Ransomware Gang, $1.3 Million in Cryptocurrencies Seized
6.10.2021
A coordinated strike involving Europol, Interpol, and the U.S. Federal Bureau of Investigation (FBI) has led to the arrest of two “prolific” ransomware operators allegedly responsible for ransom demands of up to 70 million euros. In addition, $1.3 million in cryptocurrencies were...
US Senator Warren introduces bill to study crypto's role in ransomware
6.10.2021
The Ransom Disclosure Act aims to help the Department of Homeland Security gather critical data on ransom payments in cryptocurrency and fiat
JPMorgan CEO: Bitcoin Has No Intrinsic Value, Regulators Will ‘Regulate the Hell out of It’
5.10.2021
The CEO of global investment bank JPMorgan, Jamie Dimon, says that bitcoin has no intrinsic value and “regulators are going to regulate the hell out of it.” He emphasized: “If people are using it for tax avoidance and sex trafficking and ransomware, it’s going to...
Joe Biden: US Bringing 30 Countries Together to Stop ‘Illicit Use of Cryptocurrency’
3.10.2021
President Joe Biden says that the U.S. will bring together 30 countries to stop “the illicit use of cryptocurrency.” The United States is “partnering closely with nations around the world” to respond to the cybersecurity threats, Biden further said. US Will Bring...
Blacklisted Suex Addresses Received Over $900 Million in Crypto, Report Reveals
23.9.2021
Cryptocurrency addresses allegedly used by Russian exchange Suex, recently placed under U.S. sanctions, have received more than $934 million in crypto assets, blockchain analysis suggests. According to the Treasury Department, over 40% of the platform’s transactions involved criminal actors....
US Treasury Targets Crypto Exchanges to Counter Ransomware
23.9.2021
The US Treasury targeted crypto exchanges for laundering ransom payouts. The Treasury released a set of actions emphasizing disrupting crypto exchanges and criminal networks acting behind ransom laundering. The actions also focus on increasing ransomware payments and encouraging cyber-safety across...
US Treasury Targets Crypto Exchanges in Whole-of-Government Effort to Counter Ransomware
23.9.2021
The U.S. Department of the Treasury has taken actions targeting cryptocurrency exchanges “responsible for laundering ransoms” as part of the whole-of-government effort to counter ransomware. One cryptocurrency exchange has already been sanctioned along with related crypto addresses....
US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds
22.9.2021
The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous...
South Africa Ransomware Attack: Justice Department Denies Receiving 50 BTC Ransom Demand
22.9.2021
South Africa’s Department of Justice and Constitutional Development (DOJCD) has denied claims that it has received a 50 bitcoin ransom demand from hackers that attacked its systems on September 6, 2021. Reports of Ransom Demand Deemed ‘Completely Untrue’ Instead, the DOJCD...
US Treasury Dept sanctions crypto OTC broker Suex for alleged role in facilitating transactions for ransomware attacks
21.9.2021
The government agency hinted at possible additional sanctions for "financial institutions, cyber insurance firms, and companies involved in digital forensics and incident response" that facilitated ransomware payments
US Treasury Sanctions Crypto Exchange, Bitcoin Mining at Home + More News
21.9.2021
ilitating transactions involving illicit proceeds for at least eight ransomware variants - marking its first such move against a virtual currency exchange over ransomware activity. Some virtual curre
Democrat Senator lobbies agencies over the use of crypto in ransomware
17.9.2021
Senator Hassan wants federal agencies to take more action while Senator Lummis is more concerned with stifling innovation
Bitcoin ledger as a secret weapon in war against ransomware
16.9.2021
Chairman of Nigerian Economic Crimes Commission: Crypto Growth Is a ‘Far Greater Danger to the World Economy’
8.9.2021
The chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has singled out the growth of cryptocurrencies as something that now poses “a far greater danger to the world economy.” Therefore, in order to deal with such dangers or threats, Bawa...
Eastern European victims sent $815M to Ponzis and scams in the past year
2.9.2021
Scams make up the largest share of funds sent from Eastern Europe to illicit addresses