Showing only posts tagged Nick Bax. 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 …

Here’s Some Bitcoin: Oh, and You’ve Been Served!

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A California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds. The case is thought to be the first in which a federal court has recognized the use of information included in a bitcoin …

Experts Fear Crooks are Cracking Keys Stolen in LastPass Breach

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In November 2022, the password manager service LastPass disclosed a breach in which hackers stole password vaults containing both encrypted and plaintext data for more than 25 million users. Since then, a steady trickle of six-figure cryptocurrency heists targeting security-conscious people throughout the tech industry has led some security …

Anti-Money Laundering Service AMLBot Cleans House

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AMLBot, a service that helps businesses avoid transacting with cryptocurrency wallets that have been sanctioned for cybercrime activity, said an investigation published by KrebsOnSecurity last year helped it shut down three dark web services that secretly resold its technology to help cybercrooks avoid detection by anti-money laundering systems. Antinalysis …

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 …