The FBI has unveiled details of a $305M Bitcoin heist by North Korea-affiliated hackers using social engineering techniques.
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Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on the Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say.
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U.S. prosecutors are requesting a reduced sentence for Ilya Lichtenstein, the mastermind behind the 2016 Bitfinex bitcoin heist, citing his significant cooperation in recovering stolen assets. Lichtenstein faces sentencing for stealing 120,000 bitcoin, worth $71 million at the time. U.S. Government Recommends Lighter Sentence for Bitfinex Hacker Due to Cooperation Prosecutors are recommending a lighter […]
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The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure. […]
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Police in China’s Jiangxi province have reportedly recovered bitcoins stolen from a victim and returned them to the owner. The case involves the theft of 8.236 bitcoins, worth approximately 3 million yuan. Police Return Bitcoin to Theft Victim Police in China’s Jiangxi province have reportedly solved a case involving the theft of bitcoins worth almost […]
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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 by cybersecurity company, ESET. “Krypto Cibule is spread through malicious […]
The post Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether appeared first on Bitcoin News.
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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 on two separate occasions, the same day. In […]
The post Famous Malaysian Actor Fined for Stealing $50,000 Worth of Crypto From His Producer appeared first on Bitcoin News.
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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. St. Petersburg’s Petrogradsky District Court has announced the verdict […]
The post Russian Court: Bitcoin Theft Not a Crime appeared first on Bitcoin News.
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Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox. The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation. “Our payment would be put in escrow and made […]
The post Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors appeared first on Bitcoin News.
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Cryptocurrency exchanges are often considered to be the lifeblood of this industry. They offer liquidity, convenience, and expose millions of people to different digital assets. Unfortunately, these platforms are also susceptible to different types of hacks and manipulation. It appears Gate.io has some concerns to address in this department. The Potential Gate.io Exchange Problem Researchers […]
The post Bitcoin-stealing Statcounter Script Modification Targets Gate.io Exchange Users appeared first on NullTX.
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