FBI

The Federal Bureau of Investigation (FBI) has executed a sophisticated sting operation, employing a fake cryptocurrency, "NexFundAI," to catch individuals engaged in market manipulation and fraud and seized over $25 million in assets.  Operation Token Mirrors Unfolds The undercover effort, dubbed “Operation Token Mirrors,” resulted in the indictment of 18 individuals and entities involved in fraudulent activities within the digital assets space.  The FBI's investigation spanned several months, during which the agency developed relationships with four major market makers, all…

The post FBI Warning: North Korean Hackers Eyeing Big Attack on Crypto ETFs appeared first on Coinpedia Fintech News The recent report by the Federal Bureau of Investigation (FBI) has gathered significant attention from crypto enthusiasts, as North Korean hackers have set their sights on Crypto Exchange Traded Funds (ETFs) issuers. According to a recent report, these hackers have conducted several months of research on various targets linked to crypto ETFs. Source: ic3.gov North Korean Hackers Eyeing Crypto ETFs The…

The post FBI Warns: North Korean Hackers Targeting Crypto Firms appeared first on Coinpedia Fintech News The FBI has issued a public service announcement today, in which they explained how the DPRK is aggressively targeting the crypto industry. In their announcement, the FBI mentioned that the Democratic People’s Republic of Korea (DPRK) is using social engineering schemes to target crypto companies. These social engineering campaigns are highly tailored and difficult to detect. The DPRK targets employees of decentralized finance and…

The United States government has recently announced a substantial reward of up to $5 million for any information leading to the arrest of Ruja Ignatova, the founder of OneCoin.  This development comes as part of a joint investigation conducted by Bulgarian and American authorities into a large-scale financial fraud and money laundering scheme.  One Of The FBI’s Most Wanted Bulgaria’s temporary chief prosecutor, Borislav Sarafov, highlighted the collaborative efforts between Bulgarian and US law enforcement agencies in tackling the case.…

The FBI stated in an April 25 public service announcement that people should only use the services of registered licensed Cryptocurrency Money Services Businesses. The Bureau pointed out recent law enforcement operations targeting cryptocurrency networks that operate without proper authorization.  The US Federal Bureau of Investigation (FBI) has issued an alert to the American public about not using unregistered cryptocurrency money transfer services. This advisory comes amid the growing legal battles in the United States between regulators and cryptocurrency firms.…

The post US FBI Issues Stark Warning Against Unregistered Cryptocurrency Services appeared first on Coinpedia Fintech News The U.S. regulatory forces have launched a full-fledged attack on cryptocurrency services that are not registered to the U.S. and do not comply with their rules.  The Federal Bureau of Investigation has warned American consumers about the risks of using cryptocurrency money-transmitting services not registered as Money Services Businesses (MSBs).  FBI’s Warning on Unlicensed Cryptocurrency Services In a recent Public Service Announcement, the…

Prominent global agencies have flagged a newly-emerged ransomware group named Akira, estimated to be just a year old, for its widespread cyber intrusions, breaching over 250 organizations globally and raking in nearly $42 million in ransom payments. Investigations led by the United States Federal Bureau of Investigation (FBI) have revealed that Akira has been actively targeting businesses and critical infrastructure across North America, Europe, and Australia since March 2023. Initially focused on Windows systems, Akira’s threat landscape expanded with the…

The US Federal Bureau of Investigation (FBI) reportedly issued a subpoena to obtain personal information from attendees of a Bitcoin core developer event in 2022. The move came to light through Mike Schmidt, co-founder of the Bitcoin non-profit Brink, who stated that the subpoena is related to allegations made by BTC developer and co-founder of Ocean mining pool, Luke Dashjr, regarding the theft of more than 200 BTC in a hack. Event Attendees Caught in Crossfire Schmidt revealed that he…

The US Federal Bureau of Investigation (FBI) has cautioned businesses against accidentally hiring IT employees from North Korea. In an advisory note, the state and treasury departments and the FBI warned that North Korean hackers are posing as freelancers. In doing so, they take advantage of remote work opportunities to earn money for Pyongyang. According to the FBI, the country’s hackers have been using this approach to evade US and UN sanctions. Reportedly, North Korea has used the funds from…