A Miami man is facing multiple felony charges after allegedly stealing nearly $2 million in bitcoin from a former employer, with the theft going unnoticed for years as the funds remained locked in a safe.
Bitcoin security firm Casa has released a suite of four features targeting social engineering, the attack vector responsible for the bulk of crypto theft...
U.S. government officials said they are investigating allegations that tens of millions of dollars in crypto seized by law enforcement were stolen through insider access.
Evan Tangeman, 22, pleaded guilty to laundering $3.5 million for a multi-state social engineering and crypto scheme that stole 4,100 Bitcoin worth $263 million at the time.
A Hong Kong man was sentenced to seven years in Canada for participating in a violent, sexually abusive home invasion that stole $1.6 million in Bitcoin from a British Columbia family.
The power authority of Zhenjiang noticed an unusual spike in electricity consumption and abnormal line loss in some factories, and reported them to the local police.
Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts.
The company had reportedly lost $26 million as a result of theft and the subsequent bankruptcy declaration. Coinbin’s CEO Park Chan-kyu claims that the move was “due to a rise in debt following an employee’s embezzlement.”