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Krebs on Security 10 months, 2 weeks ago

Affiliates Flock to ‘Soulless’ Scam Gambling Machine

Last month, KrebsOnSecurity tracked the sudden emergence of hundreds of polished online gaming and wagering websites that lure people with free credits and eventually abscond with any cryptocurrency funds deposited by players. We've since learned that these scam gambling sites have proliferated thanks to a new Russian affiliate program called "Gambler Panel" that bills itself as a "soulless project that is made for profit."

Krebs on Security 11 months, 2 weeks ago

Scammers Unleash Flood of Slick Online Gaming Sites

Fraudsters are flooding Discord and other social media platforms with ads for hundreds of polished online gaming and wagering websites that lure people with free credits and eventually abscond with any cryptocurrency funds deposited by players. Here's a closer look at the social engineering tactics and remarkable traits of this sprawling network of more than 1,200 scam sites.

Plus: SpaceX plans Vietnam investment; Yahoo! Japan content moderation secrets; LG offloads Chinese display factory; and more ASIA IN BRIEF It's not often The Register writes about a cryptocurrency outfit being on the right side of a scam or crime, but last week crypto exchange Binance claimed it helped Indian authorities to investigate a scam gaming app.…

But the North Korean criminals are still over half a billion digicash dollars up Federal investigators and private companies seized $30 million in cryptocurrency stolen in March by North Korean-linked APT gang Lazarus Group from a video game developer, the latest example of the growing skills of government and cybersecurity experts to track and recover such ill-gotten gains.…