Mobile Firm Employee Charged for Aiding Crypto SIM Swap Attacks Targeting 19
Stephen Defiore was allegedly paid to transfer cellphone accounts to ones owned by a co-conspirator.
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Joseph Chase Oaks allegedly used SIM-swap hacks to access victim's online accounts between August 2018 and October 2019.
The U.S. has charged two Chinese intelligence officers in a scheme to bribe a U.S. government employee to steal “secret” documents relating to the prosecution of a company in China. The defendants paid the government employee, who is actually a double agent, approximately $61,000 in bitcoin for stealing the information, according to the U.S. Department of Justice (DOJ). Alleged Chinese Spies Charged in Scheme to Steal Secret Documents The U.S. Department of Justice (DOJ) announced the unsealing of a criminal complaint Monday charging two Chinese intelligence officers in a....
Cryptocurrency advocates are cheering on the adoption of bitcoin by merchants. You can now buy everything from online dating accounts to a pint and a pie using the system. But could bitcoin also be the next basis for company rewards programs, targeting both employees and consumers? Recognize, an employee reward system that includes a mobile app, has announced that it is considering support for bitcoins as a form of monetary reward for workers. Yet, at the same time, it argues that cash rewards are less productive than non-cash rewards. So, why consider bitcoin as part of an employee reward....
Per a press release from the U.S. Department Of Justice (DoJ), a former Coinbase employee has been arrested for his alleged participation in an inside trading scheme. The main suspect was identified as Ishan Wahi, former product manager at this company. Related Reading | Blockchain.com Renders A Quarter Of Its Workforce Jobless As Bear Market Bites […]
The extortion group known as DD4BC has stepped up the number of attacks this year and is now targeting the financial services industry, according to a new report. Akamai Technologies, a content delivery network and cloud services provider which produced the report, has identified 114 attacks carried out by DD4BC since April 2015. Stuart Scholly, senior vice president and general manager at Akamai's security division, said in a statement: "DD4BC has been using the threat of DDoS attacks to secure bitcoin payments from its victims for protection against future attacks ... The latest attacks....