The Federal Bureau of Investigation (FBI) has issued a warning to cryptocurrency investors, highlighting a surge in scams, particularly targeting retirees and the elderly. FBI experts explain how scammers trick victims into fake crypto investments and scare them into handing over more funds before vanishing with the money. FBI Warns of Growing Cryptocurrency Scams Amid…
October 9, 2024 at 11:04 AM GST updated: October 9, 2024 at 11:10 AM 2 mins read News Marat Tambiyev received $73M in Bitcoin bribes, marking Russia’s largest bribery case involving cryptocurrency. Investigators uncovered Tambiyev’s crypto wallets using access codes hidden in a file named Pension on his laptop. Despite recovering one-third of the stolen…
September 28, 2024 at 03:45 AM GST updated: September 28, 2024 at 05:21 AM 2 mins read News US and international forces seize over $1 billion in crypto from Russian money laundering networks. Rewards up to $20 million offered for capture of Russian cybercriminals Sergey Ivanov and Timur Shakhmametov. U.S. indicts Russians for laundering billions…
A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses, according to the U.S. Department of Justice (DOJ). Using various online aliases, Kaura led a global network selling stolen payment card data, using cryptocurrencies like…