Tag Archives: Security & Ransomware

The Federal Bureau of Investigation (FBI) has released a new report suggesting that more than $13 million was stolen from residents of the state of Oregon during the first ten months of 2022. For individuals like Dennis Corey, who lost hundreds of thousands of dollars to crypto fraud, the situation couldn’t be any worse. Dennis Corey Has Lost a Lot of Money Based in the city of Portland, Corey explained in a recent interview that he parted with $200,000 worth of funds...

Joseph Taschetta has recently been dubbed the 2022 officer of the year in the Pensacola police department after discovering an international cryptocurrency fraud ring. Joseph Taschetta Hailed as Officer of the Year Taschetta garnered the award after someone from India called an elderly woman in the region of Pensacola and convinced her to transfer all her money into a fake bitcoin outlet. The idea was that the woman had an outstanding warrant against her and paying the...

The Securities and Exchange Commission (SEC) has been targeting several digital currency companies and individuals over the past few weeks. In the past, the agency made a case against Do Kwon, the former CEO of Terraform Labs, and now, it looks like that case has gotten even bigger. The SEC Continues Its Case Against Do Kwon Terraform Labs was the company behind the failed LUNA token, an alleged algorithmic stable currency. The situation surrounding Luna got really hairy...

The European nation of Norway has seized close to $6 million in crypto funds from Lazarus, a digital currency hacking group stationed in the Asian country of North Korea. Norway Is Garnering a Few Accolades This is allegedly a new record set by any region. Norway has taken back around $5.8 million in digital funds at press time. The money stems from an early 2022 hack initiated by Lazarus on the crypto gaming platform Axie Infinity. At the time, more than $625 million in...

When it comes to crypto scams, forget about romance, the dark web, or even fraudulent trading platforms. According to a new report, YouTube is the go-to tool for those looking to orchestrate digital currency schemes and steal money from unsuspecting victims. YouTube Is Becoming a Haven for Crypto Fraud The report comes by way of With Secure Inc., a digital security firm that has been monitoring the growing network of crypto fraud schemes via video platforms like YouTube....

Patrick Duffy – a certified public accountant (CPA) – is just one of several people in the Bay Area (San Francisco, CA) that appears to have fallen victim to heavy crypto fraud purportedly being conducted by a firm known as 7 On Your Side. Patrick Duffy Has Lost Some Cash Duffy commented in a recent interview that he’s been involved in digital currency for a little while, though he hasn’t actually invested in any specific assets. Rather, he’s put money into crypto and...

Valentine’s Day this year was wrought with chocolates, roses, and a few dozen romance scams. The Federal Bureau of Investigation (FBI) says several of these scams popped up during or prior to the national holiday, and that the problems surrounding romance scams are getting worse. Romance Scams Were Big This Holiday In 2021 alone, more than 24,000 people were either targeted by or fell victim to romance scams according to the federal agency. The process works as such: a...

A young woman – who remains anonymous at press time – has come out to discuss her circumstances of falling victim to a crypto romance scam. How One Woman Lost a Lot of Money to a Crypto Scam Having finalized her divorce last year, the lady decided to put herself back on the market and try dating apps for the first time. As the mother of a young daughter, she is keeping her identity hidden at this time, but she mentioned she lives near a town called Springfield and she’s...

A new report unveiled by the United Nations in early February shows that North Korea stole more crypto in 2022 than it has in any other year. North Korea Has Stolen a Lotta Crypto North Korea has long sought to get its hands on illicit crypto and launder it so it can be used to fund its ever-growing nuclear program. The nation houses several hacking organizations such as Lazarus and has initiated attacks against regions in Asia, Europe, and even North America. The report...

Residents of Colorado have become major targets for crypto criminals according to a new report issued by the Federal Bureau of Investigation (FBI). The FBI Says Many People in Colorado Have Been Targeted The document says that millions of dollars have been stolen from crypto traders and normal, everyday residents in the Centennial State. Many of the scams in question involve stable assets such as Tether and USD Coin (USDC). In a statement, the FBI mentioned: In a common...