Crime

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Rising Threat: Address Poisoning Attack In The Crypto World

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Address poisoning attacks are becoming an increasing threat in the cryptocurrency world. These attacks exploit the way users manage their transaction histories and address information. Hackers monitor the transfer information of various stablecoins on the blockchain, then create a malicious address that closely mimics the user’s address by having the same first and last digits. … Read more

US Charges Empire Market Operators in $430M Dark Web Scheme — They Face Maximum Sentence of Life in Prison

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The U.S. Homeland Security Investigations has charged two men for operating Empire Market, a dark web marketplace, facilitating $430 million in illegal transactions. The defendants face severe penalties, including life imprisonment. “During the investigation, federal law enforcement seized cryptocurrency valued at $75 million at the time of the seizures, as well as cash and precious … Read more

Hong Kong Police Advisory Group Warns of Surge in Digital Asset-Linked Crime

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The Hong Kong Technology Crime Police Advisory Group has warned about the rise of digital asset-linked crime, calling for the establishment of a regulatory system to identify and eliminate risks associated with this tech. According to police data, almost $550 million was involved in digital asset crimes during 2023, with 90% of these cases involving … Read more