Crypto Project Says It Can Reverse Transactions and Recover Accounts Without Private Keys

sponsored A new financial blockchain network is offering low-cost, high-speed transactions — and gives users the ability to recover accounts and have these accounts insured. A startup which bills itself as “blockchain’s financial district” has launched its network — and says its debut heralds “the beginning of true financial freedom.” WORBLI enables businesses and individuals […]

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US Treasury Dept. Takes Action Against Two Iranians Allegedly Involved in BTC Ransomware

The U.S. Department of Treasury has sanctioned two Iranians allegedly involved in Bitcoin ransomware scheme SamSam. The U.S. Treasury Department has sanctioned two Iranians allegedly involved in Bitcoin (BTC) ransomware scheme SamSam, the Treasury reported in an official press release today, Nov. 28. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) […]

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Bulgarian Prosecutors Detain Three Hackers Allegedly Involved in $5 Million Crypto Theft

Bulgarian Gendarmerie forces and specialized prosecutors have arrested three hackers allegedly involved in stealing $5 million in crypto. Bulgarian Gendarmerie forces and specialized prosecutors have arrested three hackers allegedly involved in stealing $5 million in crypto, Sofia-based newspaper 24 Chasa reports Monday, Nov. 26. Bulgarian police reportedly seized cryptocurrencies worth around $3 million, as well […]

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Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues

The lawyer representing the alleged former operator of BTC-e, Alexander Vinnik, has accused the Greek Supreme Court of “grossly violating” his rights. The lawyer representing the alleged former operator of now-defunct crypto exchange BTC-e, Alexander Vinnik, has accused the Greek Supreme Court of “grossly violating” his rights, major Russian state-owned news agency TASS reported Nov. […]

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SIM Swapping Becomes Increasingly Popular in California, Police Make It “High Priority”

Here is how crypto fraudsters’ new favorite scheme works. On November 7, a security news and investigation blog KrebsOnSecurity published an interview with REACT Task Force, a California-based law enforcement group dedicated to fighting cybercrime. As per the article, members of REACT consider “SIM swapping” one of its “highest priorities” in a bid to fight […]

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US: Acting AG Backed Alleged ‘Invention-Promotion Scam’ Touting ‘Time Travel’ Crypto

Acting U.S. attorney general Matthew G. Whitaker is being scrutinized for putting his weight behind an alleged scam that touted a pseudo time travel crypto, among other inventions. Acting U.S. attorney general (AG) Matthew G. Whitaker has come under fire for his association with an allegedly fraudulent patent company that involved cryptocurrency, U.S. news journal […]

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