Theft

Bitcoin Daily: Head Of Bitcoin Escrow Firm Charged With Stealing $7M
Bitcoin Daily: Head Of Bitcoin Escrow Firm Charged With Stealing $7M
July 26, 2019  |  Bitcoin

The head of a bitcoin escrow company has been charged with defrauding investors for $7 million. The U.S. Attorney’s Office of the Southern District of...

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Armored Truck Spills $175K Onto Atlanta Highway
Armored Truck Spills $175K Onto Atlanta Highway
July 10, 2019  |  Security & Fraud

Drivers on Interstate 285 in Atlanta likely thought they had come into some quick cash when $175,000 recently fell out of an armored truck. As...

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Hackers Make Off With $500K From 7-Eleven Japan App
Hackers Make Off With $500K From 7-Eleven Japan App
July 07, 2019  |  Security & Fraud

7-Eleven Japan had to suspend the mobile payments feature on its 7Pay app due to a security flaw that affected around 900 people. The payments...

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Bitcoin Daily: Crypto ATMs Surpass 5K; Sham Site Steals $27M In Crypto
Bitcoin Daily: Crypto ATMs Surpass 5K; Sham Site Steals $27M In Crypto
June 27, 2019  |  Bitcoin

Data shows that there are now more than 5,000 bitcoin ATMs around the world. According to data from CoinATMradar.com, cryptocurrency ATM manufacturer General Bytes has installed...

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Crypto Diamonds Are For … Never(?)
Crypto Diamonds Are For … Never(?)
May 24, 2019  |  Security & Fraud

Charles Ponzi built his eponymous schemes on the promise of profits tied to postage stamps. But ours is a decidedly high-tech world, where fortunes are...

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Six Countries Join Forces To Stop Cybercrime Network
Six Countries Join Forces To Stop Cybercrime Network
May 16, 2019  |  Security & Fraud

Six countries, including the U.S., shut down a cybercrime network that stole around $100 million from victims. According to a report in Reuters, the Eastern...

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Amazon Merchants Affected By Cyberattack
Amazon Merchants Affected By Cyberattack
May 08, 2019  |  Security & Fraud

Amazon was the target of an “extensive” cyberattack in which hackers stole money from merchant accounts and funneled them into their own, according to a...

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China Acknowledges US Cyber Hacking, IP Theft Concerns
China Acknowledges US Cyber Hacking, IP Theft Concerns
April 04, 2019  |  Security & Fraud

China has finally admitted that the U.S. has a point when it comes to its concerns about IP theft, forced technology transfer and cyber hacking....

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Microsoft: State-Sponsored Hackers Siphoned Money From Several FIs
Microsoft: State-Sponsored Hackers Siphoned Money From Several FIs
March 01, 2019  |  Security & Fraud

Microsoft’s lastest cybersecurity report has revealed that state-sponsored hackers have attacked several financial services firms, managing to steal “large sums of cash.” According to Bloomberg,...

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