Showing only posts tagged Elliptic. Show all posts.

Arrests in $400M SIM-Swap Tied to Heist at FTX?

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Three Americans were charged this week with stealing more than $400 million in a November 2022 SIM-swapping attack. The U.S. government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX, which had just filed for …

New Anti Anti-Money Laundering Services for Crooks

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A new dark web service is marketing to cybercriminals who are curious to see how their various cryptocurrency holdings and transactions may be linked to known criminal activity. Dubbed “ Antinalysis,” the service purports to offer a glimpse into how one’s payment activity might be flagged by law enforcement …

Justice Dept. Claws Back $2.3M Paid by Colonial Pipeline to Ransomware Gang

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The U.S. Department of Justice said today it has recovered $2.3 million worth of Bitcoin that Colonial Pipeline paid to ransomware extortionists last month. The funds had been sent to DarkSide, a ransomware-as-a-service syndicate that disbanded after a May 14 farewell message to affiliates saying its Internet …