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Also: Binance Eyes More Asia Licenses, India Pushes Fresh Crypto CurbsThis week, the U.S. Securities and Exchange Commission eyes July for a crypto rule proposal, Binance anticipates more Asian business, Malaysia seized 75,000 crypto mining rigs, India's central bank shooed away banks from crypto, and Interpol helped sweep crypto launderers.

Rokarolla Android malware targets 217 banking and crypto apps, steals credentials, blocks bank calls, intercepts SMS, and disables Play Protect. Zimperium’s zLabs researchers have published a detailed analysis of Rokarolla, a new Android banking trojan named after its command-and-control infrastructure. It spreads through malicious websites masquerading as TikTok and Chrome, one confirmed distribution point being […]

Malware Targets Banks, Crypto Platforms and Social MediaNewly surfaced Android-based banking Trojan gives threat actors near-total control over infected devices, letting them steal user credentials for direct access to financial accounts, says researchers. Rokarolla tricks users into side-loading malicious versions of popular, high traffic apps.

Also: Indictments in Theft Case, KelpDAO Restarts OperationsThis week, banking Trojan TCLBanker targeted crypto platforms, three people indicted in a violent digital assets-related robbery, Kelp DAO restarted services after the $292 million hack and the U.S. Department of the Treasury tightened oversight of Binance.

Law enforcement authorities in Europe have arrested five suspects in connection with an "elaborate" online investment fraud scheme that stole more than €100 million ($118 million) from over 100 victims in France, Germany, Italy, and Spain

Bank Info Security 9 months, 4 weeks ago

Cryptohack Roundup: US Sanctions Iran Shadow Banking Network

Also: Man Denied Bankruptcy Discharge Over $12.5M Crypto Ponzi DebtsU.S. sanctions Iranian shadow banking network, Texas man denied bankruptcy discharge, Nemo blames $2.6M exploit on developer errors, THORChain founder hacked, Shibarium Bridge hit by $2.4M hack, Denver court rules pastor's $3.3M project a fraud and NYDFS tells banks to use blockchain analytics.

Bank Info Security 10 months, 1 week ago

Money Mule Networks Surge 168% Fueling Digital Banking Fraud

BioCatch Says Crime Groups Have Industrialized Operations With Stablecoin TransfersOrganized crime groups have industrialized digital banking fraud operations in the United States, with money mule networks surging 168% in the first half of 2025. Money mules are being recruited at unprecedented scale, and they're using stablecoins to transfer funds to crypto exchanges.

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.…

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