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The U.S. Department of Justice (DOJ) has seized $500K in ransom payments and cryptocurrency from a state-sponsored North Korean group. “We are returning the stolen funds to the victims,” Deputy…
A British jeweler has sued its insurance company for refusing to cover a bitcoin ransom payment of $7.5 million. The jeweler paid the hackers to prevent sensitive customer data from…
British multinational jeweler Graff Diamonds Corp. has filed a lawsuit against its insurer, The Travelers Companies, Inc. (Travelers), for failing to provide indemnity after it paid $7.5 million in Bitcoin…
The university reluctantly paid €200,000 in Bitcoin in December 2019 to avoid losing critical research data and resources.
A new report suggests that a notorious North Korea-affiliated hacking group may be behind last week’s $100 million Harmony attack.
While North Korea leads the world in crypto crime, crypto analytic firms have estimated that DPRK hackers have found it increasingly difficult to launder stolen crypto funds.
The firm said it was starting a 'Crypto Incident Response’ hotline to "help bring bad actors to justice and demonstrate that crypto is not the asset class of anonymity and…
Three experts from the private sector appeared before the Senate committee Tuesday to talk about ransomware attacks and how to combat them.
A hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access…
The notion of crypto being a tool for money laundering is often propagated by naysayers that include policymakers with a stake in the traditional financial system.