Topic: asset freezing
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Feds Seize Record $15 Billion in Bitcoin From Alleged Scam
U.S. and UK authorities seized a record $15 billion in Bitcoin from the Prince Group, the largest cryptocurrency seizure ever, linked to global romance and investment scams known as "pig butchering." The criminal network, led by Chen Zhi, used fraudulent call centers in Cambodia staffed by human ...
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Europol Busts Major Criminal SIM Card Ring
An international cybercrime network known as 'SIMCARTEL' was dismantled, leading to seven arrests for operating a cybercrime-as-a-service platform that provided global phone numbers for creating fraudulent accounts. The operation resulted in the seizure of servers, 1,200 SIM-box devices, hundreds...
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Africa-Wide Cybercrime Sweep: 574 Arrests, $3M Recovered
Operation Sentinel, a coordinated international law enforcement effort across 19 African countries, resulted in 574 arrests and the recovery of $3 million, targeting major cybercrimes like business email compromise and ransomware. The operation caused significant technical disruptions by taking d...
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US Treasury Sanctions North Korea for IT Worker Malware Plot
Treasury has imposed sanctions on a North Korean cyber operative involved in a sophisticated scheme using fake identities to infiltrate American companies and fund Pyongyang’s weapons programs.** The move targets **Song Kum Hyok**, a key member of the **Andariel hacking group**, known for orchest...
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