Digital Money
Money Launderer Admits to Operating $311mn Bitcoin Mixer for Darknet Businesses
Larry Harmon's 'Helix' mixer obscured the origins of cryptocurrency earned by drug dealers and other illegal enterprises.
Mobile Money Fraudsters to Be Blocked by All Ghana’s Networks
MTN Ghana CEO Selorm Adadevoh says financial cybercrime is a national security threat but not all agree with his anti-fraud policies.
Why a $600mn Crypto Heist Is Bad News for Telcos and Banks
Public ledgers mean criminals can take cryptocurrency without revealing who they are, but everyone can still see where it went.
Digital Currencies Are Becoming Mainstream
The technology for digital currencies is mature and ready for the mass market, as appreciated by an increasing number of central bankers.
Protecting Mobile Money Agents from Robbery
The cash held by mobile money agents makes them a target for criminals. Telcos should work with insurers to create policies that will help agents to manage the risk.
Angry Cryptocurrency Spammer Says “We Don’t Spam”
Slimeballs are attracted to the internet because they believe their scum will always rise to the top.
Raid on Suspected Crypto Farm Finds 3,800 PS4s Mining Video Game Currency
The Security Service of Ukraine discovered a warehouse with racks of consoles robotically playing a football game.
Mobile Money Regulation: Lessons from Uganda
Ugandan lawyer Dalie Tibugwisa has identified the key regulatory challenges for mobile money in Uganda and more generally.
Mobile Money Growth: Even Better News for Fraudsters
The GSMA says mobile money continues to expand but there is reason to doubt this is matched by investment in RAFM controls.
El Salvador Makes Bitcoin Legal Tender: Gimmick or Game Changer?
By making Bitcoin legal tender, President Nayib Bukele has shown himself more astute than his foreign critics want you to appreciate.
Classic RA Leakage Costs Crypto Lender $10mn
Cryptocurrency lender BlockFi confused BTC with USD when paying a promotional bonus, prompting some users to run off with their unexpected windfall.
How Safaricom Tackles Mobile Money Fraud
Patrick Kinoti, Head of Fraud at Safaricom, covers multiple aspects of their strategy for protecting M-PESA customers during a short but effective video.
The Commsrisk Global Fraud Dashboard
Our Global Fraud Dashboard uses AI-powered search to collate, update and visualize data about scams and other network abuses from around the world. New charts are added each month. See it here.
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