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Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T
11.9.2020
A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after...
Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether
4.9.2020
A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report...
Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint
4.9.2020
Chilean cryptocurrency exchange, Badu.com has denied allegations that it fraudulently transferred client funds without authorization. The fraud allegations are being reported by Itau bank and both parties are set to appear before the country’s Tribunal for the Defense of Free Competition...
Malaysian Authorities Arrest Crypto Miners for $600K Power Theft
1.9.2020
The two crypto mining operations stole almost $20,000 in electricity monthly
Free Market Family: Goldbug Peter Schiff Asks the Bitcoin Community to Gift Crypto to His Son
29.8.2020
The American libertarian, economist and financial commentator Peter Schiff has been criticizing bitcoin for years, as he believes “bitcoin has no real value.” However, on Thursday Schiff asked the crypto community to give some bitcoin to his 18-year old son Spencer for his birthday...
ShapeShift Accuses Former Employee of Stealing $900K in Bitcoin
27.8.2020
The exchange wants $5,000 in damages from Azamat Mukhiddinov, its now-fired senior engineer
Two Suspects Arrested in USD 1.5m Crypto Mining Electricity Theft
20.8.2020
Source: Adobe/Артем Константинов
Officials from the Oblast Directorate of the Ministry of Interior Affairs (ODMVR) and CEZ Electro Bulgaria have reportedly made two arrests in what is described as the “largest theft” of electricity for cryptocurrency mining in the Balkan country.
The two...
A Tor Vulnerability May Have Enabled Dark Web Bitcoin Theft
11.8.2020
Stealing Bitcoin from Tor users is easy
From Call Centers to Cryptos: India’s Scammers Don't Seem to Stop
11.8.2020
As cryptos gain ground in India and Bitcoin price spikes, Indian scammers are likely to make the most of the opportunity
Australian Woman Jailed for Theft of More Than 100,000 XRP
11.8.2020
The 25-year-old received an over two-year sentence for the 2018 theft of XRP worth around $300,000 at the time
Australian Hacker Sentenced to 2 Years in Prison for $300K XRP Theft
11.8.2020
An Australian woman is facing more than two years in prison after stealing more than $300K in XRP tokens in January 2018
North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash
7.8.2020
North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash
Bitpatt.com, a Safe, Fast and Reliable P2P Crypto Exchange, Launches Operations
3.8.2020
While there are many crypto exchanges, fear of hacking and theft has slowly crept into crypto traders due to many such past incidents. It makes sense to always be in control of one’s fund and cryptocurrencies, and that’s why P2P or peer to peer services like Bitpatt are trusted by both...
Crypto Wallet Ledger Loses 1M Email Addresses in Data Theft
29.7.2020
An unknown hacker gained access to the wallet maker's marketing database, stealing a million email addresses as well as personal information for 9,000 customers
Mempool Manipulation Enabled Theft of $8M in MakerDAO Collateral on Black Thursday: Report
22.7.2020
New research suggests March’s “Black Swan” event for Ethereum may have been a sophisticated plan to cash in on a global sell-off
New Trojan Attack Targets Mac Users to Steal Cryptocurrency
16.7.2020
Researchers discovered a new trojan targeted at crypto traders using trading applications on macOS
Famous Malaysian Actor Fined for Stealing $50,000 Worth of Crypto From His Producer
9.7.2020
A Malaysian court has fined famous local actor Mas Khan $4,000, or 26 months in jail, for stealing around $50,000 worth of cryptocurrency belonging to his producer, local media reported. Khan appears to have gained access to his boss’ Datuk A.Aida private keys before plundering his wallet...
New Action Movie Features Billion Dollar Crypto Theft
8.7.2020
New movie “Money Plane” features a plot about a heist from a ‘bulletproof casino in the sky’ carrying $1 billion in crypto
Russian Court: Bitcoin Theft Not a Crime
3.7.2020
A Russian district court has dismissed bitcoin theft as a crime since cryptocurrency is not regulated in Russia and there is no legal status for bitcoin. The accused were found guilty, sentenced to prison, and ordered to return only the fiat money stolen — not cryptocurrencies....
Russian Court Denies Theft Victim Access to Stolen Bitcoin
2.7.2020
A Russian court has denied a claimant the right to reclaim almos BTC 100 (USD 920,000), stating that crypto has no legal value – meaning courts are powerless to enforce property rights.
Per a Telegram post from the district court’s press office, in Russia’s second-largest city, St. Petersburg,...