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New findings unearthed by Infoblox show that more than 236,000 websites are using investment scam templates built using a legitimate Chinese open-source, cross-platform application development framework called DCloud Uni-App
A coordinated international operation involving U.S. and Chinese authorities has arrested at least 276 suspects and shut down nine scam centers used for cryptocurrency investment fraud schemes targeting Americans, resulting in millions of dollars in losses
A joint international operation involving U.S. and Chinese authorities arrested at least 276 suspects and shut down nine cryptocurrency investment fraud centers. [...]
A set of 26 malicious apps on Apple App Store impersonate popular wallets, such as Metamask, Coinbase, Trust Wallet, and OneKey, to steal recovery or seed phrases and drain them of cryptocurrency assets. [...]
Also: Chinese Firms Indicted in Crypto-Linked Fentanyl Supply CaseThis week, charges filed in Uranium Finance hack, indictment of Chinese firms in fentanyl supply case, a class action lawsuit against Nvidia, Drift Protocol exploit, KuCoin operational barriers in the United States and a U.K. sanction filed against Xinbi.
Chinese-speaking users are the target of an active campaign that uses typosquatted domains impersonating trusted software brands to deliver a previously undocumented remote access trojan named AtlasCross RAT
The UK government has sanctioned Xinbi, described as “the second-largest illicit online marketplace ever”
The United Kingdom's Foreign, Commonwealth and Development Office (FCDO) has sanctioned Xinbi, a Chinese-language cryptocurrency-based online marketplace that sells stolen data and satellite internet equipment to scam networks in Southeast Asia. [...]
A dual Chinese and St. Kitts and Nevis national was sentenced to 20 years in prison in absentia for his role in an international cryptocurrency investment scheme (also known as pig butchering or romance baiting) that defrauded victims of more than $73 million. [...]
PLUS: China broadens cryptocurrency crackdown; Australian facial recognition privacy revisited; Singapore debuts electric VTOL; and more! Asia In Brief The Commissioner of Police in the Indian city of Hyderabad, population 11 million, has called for AI agents to be issued with identity cards – or at least their digital equivalent.…
PLUS: OpenClaw teams with VirusTotal; Crypto kidnappings in France; Critical vulns at SmarterMail; And more Infosec In Brief So-hot-right-now AI assistant OpenClaw, which is very much not secure right now, has teamed up with security scanning service VirusTotal.…
Most of this week’s threats didn’t rely on new tricks. They relied on familiar systems behaving exactly as designed, just in the wrong hands. Ordinary files, routine services, and trusted workflows were enough to open doors without forcing them
Also: Unleash Protocol Hack, LastPass Breach Linked to Crypto TheftsThis week, an alleged fraud kingpin deported to China, Bitfinex hacker gained early release, Unleash Protocol's $3.9M hack, TRM tied crypto thefts to the LastPass breach, Trust Wallet's link to the Sha1-Hulud attack, Flow's NFT loan fallout, Ledger's data exposure and Kontigo reimbursements.
2 More Vulnerabilities Need Patching in React Server Components, Warns VercelMass exploitation of the "React2Shell" - CVE-2025-55182 - vulnerability remains underway by nation-state hackers tied to China, North Korea and Iran, as well as financially motivated cybercriminals running everything from cryptomining malware to DDoS services, security experts warn.
U.S. federal authorities have established a new task force to disrupt Chinese cryptocurrency scam networks that defraud Americans of nearly $10 billion annually. [...]
A new theory from the agency that brought us ‘America hacked itself to blame Beijing’ China’s National Computer Virus Emergency Response Center (CVERC) has alleged a nation-state entity, probably the USA, was behind a 2020 attack on a bitcoin mining operation and by doing so has gone into bat for entities that Beijing usually blasts.…
A Chinese woman known as the "Bitcoin Queen" was sentenced in London to 11 years and eight months in jail for laundering Bitcoin from a £5.5 billion ($7.3 billion) cryptocurrency investment scheme. [...]
Chinese Woman Helped Run Ponzi-Style Investment Scheme That Amassed 61,000 BitcoinsChinese national Zhimin Qian, a 47-year-old woman also known as Yadi Zhang, pleaded guilty in England to helping run a Ponzi-style investment scheme in China called "Blue Sky," which defrauded over 128,000 individuals, generating assets she converted into 61,000 bitcoin, now worth $6.9 billion.
A Chinese national has been convicted for her role in a fraudulent cryptocurrency scheme after law enforcement authorities in the U.K. confiscated £5.5 billion (about $7.39 billion) during a raid of her home in London
Five men from China, the United States, and Turkey pleaded guilty to their involvement in an international crime ring and laundering nearly $37 million stolen from U.S. victims in cryptocurrency investment scams carried out from Cambodia. [...]