Tag: cryptocurrency heist
4 articles
Crypto Heist Ringleader Gets 6.5 Years for $230 Million Loot
Marlon Ferro, the mastermind behind a brazen crypto heist, has been sentenced to 6.5 years for stealing $230 million in cryptocurrency using a cunning mix of online scams and targeted home invasions. He served as the group's instrument of last resort, carrying out daring residential burglaries to get his hands on valuable digital assets.
Lazarus Hackers Orchestrate $290 Million KelpDAO Heist
In a shocking turn of events, the Lazarus hackers struck again, making off with a staggering $290 million from the KelpDAO decentralized finance project in a single weekend heist. But who benefits from this massive theft, and who's left to deal with the devastating aftermath?
Scotland's Scattered Spider Affiliate Pleads Guilty in US Cryptocurrency Heist
A Scottish affiliate of the notorious Scattered Spider cybercrime crew has pleaded guilty in the US to stealing at least $8 million in cryptocurrency through a cunning phishing and SIM-swap scheme. This guilty plea raises a pressing question: what can $8 million buy in the shadowy world of digital theft?
Hackers Breach Bitcoin Depot, Steal $3.6 Million in Cryptocurrency
A recent breach at Bitcoin Depot, one of the largest Bitcoin ATM networks, has resulted in the theft of $3.665 million in cryptocurrency, raising urgent questions about the security of digital assets in the age of physical convenience. This alarming hack forces customers, industry observers, and regulators to confront the growing tension between accessibility and vulnerability.