Police Arrest Child Following $36mn Crypto SIM Swap
Canadian law generally prohibits the naming of offenders aged 17 or under.
Mayors of New York and Miami To Take Pay in Bitcoin
Eric Adams, the newly-elected Mayor of NYC, signaled a change in political attitudes towards cryptocurrencies and the innovative businesses that use them.
SIM Swapper Charged with Stealing $784,000 of Cryptocurrency
Joseph James O’Connor was already fighting extradition to the USA on charges of taking over the Twitter accounts of famous people.
Now You Can Buy Bots That Steal SMS OTPs
Crooks are selling software that automates social engineering. Bots call targets and ask for one-time passwords that are used to take control of bank, cryptocurrency and PayPal accounts.
Chinese Police Arrest $125mn Crypto and Telecoms Fraud Gang
Almost 100 arrests were made in the Southern Chinese city of Zunyi.
Australia, Malaysia, Singapore and South Africa to Trial Cross-Border Central Bank Digital Currency Exchange
Project Dunbar is a threat to existing intermediaries and an opportunity to create better services for networked customers.
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.
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.
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.