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Cops bust latest scam, return $12m to bilked victims US, UK, and Canadian law enforcement Thursday said that they disrupted a $45 million global cryptocurrency scam, freezing $12 million in stolen funds and identifying more than 20,000 cryptocurrency wallet addresses linked to fraud victims across 30 countries.…
PLUS: Kryptos solution up for auction; Canadian parliament springs a leak; Fake crypto lawyers; And more Infosec In Brief New York State is suing bank-owned peer-to-peer payment app Zelle, claiming that the banks behind it knew fraud was rampant on the platform but allowed scammers to conduct business with impunity.…
Suspect, still at large, said to back concept that 'code is law' New York feds today unsealed a five-count criminal indictment charging a 22-year-old Canadian math prodigy with exploiting vulnerabilities in two decentralized finance protocols, allegedly using them to fraudulently siphon around $65 million from investors in the platforms.…
Also: Crypto hacks will continue; CoD hacker gets thousands banned, and more in brief One of the suspected masterminds behind the widespread Snowflake breach has been arrested in Canada – but the saga isn't over, eh. …
More than $28m in crypto-coins found in home, it is claimed US prosecutors on Thursday said they have extradited a Canadian man to America to face charges that he conspired to distribute ransomware.…