Tag cryptocurrency

Ransomware Gang Threatens to Leak Transak User Data Unless $30K Ransom is Paid

A ransomware group known as Stormous has issued a disturbing alert regarding the potential release of sensitive data pertaining to around 57,000 customers of Transak, a platform that facilitates cryptocurrency transactions. The group asserts it has obtained critical user information from the payment gateway and has threatened to make this…

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69,000 Bitcoins Bound for US Treasury as Seizing Agent Remains in Jail

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…

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DHS Investigates $4.3 Billion in Ransomware Payments

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…

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WazirX Cryptocurrency Exchange Faces $230 Million Loss in Significant Security Breach

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…

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