Crypto Crime News

North Korean hackers, under the BlueNoroff subgroup of the Lazarus Group, have escalated their cyberattacks, shifting from social media manipulation to targeted phishing emails in their ‘Hidden Risk’ campaign.

The CEO of Canadian crypto firm WonderFi Technologies, Dean Skurka, was reportedly abducted in downtown Toronto during rush hour on November 6 and forced to pay a $1 million ransom to secure his freedom, according to a CBC report from November 7.

Chinese authorities recently dismantled a large money-laundering network in Beijing, uncovering approximately 800 million yuan ($111.36 million) in cryptocurrency transactions tied to telecom scams and online gambling.

Heather Morgan was shocked to learn that her husband, Ilya Lichtenstein, had hacked the crypto exchange Bitfinex in 2016.

In October, several high-profile crypto security breaches contributed to industry-wide losses totaling nearly $130 million.

According to blockchain investigator ZachXBT, who has been following the case closely, the breach was made possible by an exploit in the “seamless withdrawal system.”

The U.S. Department of Justice (DOJ) has brought wire fraud and market manipulation charges against Aleksei Andriunin, the founder and CEO of crypto market-making firm Gotbit.