In a notable case beginning in November 2020, an individual known only as “Individual X” engaged with an IRS agent, Tigran Gambaryan, alongside prosecutors from the U.S. Attorney’s office in San Francisco. This unnamed party entered a Bitcoin private key into Gambaryan’s laptop, facilitating the transfer of 69,370 bitcoins from…
A recent report from Homeland Security Investigations (HSI), published on October 4, 2024, indicates significant advancements in the recovery of funds linked to ransomware activities. HSI officials have successfully tracked and recovered approximately $4.3 billion in cryptocurrency payments associated with ransomware over the last three years. The Department of Homeland…
WazirX Suffers Major Security Breach Resulting in $230 Million Loss The Indian cryptocurrency exchange WazirX has reported a significant security breach that has led to the theft of approximately $230 million in digital assets. The breach specifically affected one of their multi-signature wallets, which are designed to enhance security by…
