Embargo Ransomware: BlackCat’s Heir Targets Healthcare, Rakes in $34M in Crypto
TRM Labs identifies Embargo ransomware as a likely BlackCat rebrand, responsible for $34.2M in crypto ransom flows and high-impact attacks on U.S. healthcare providers.
Crypto Kiosks Tied to Cartels, Scams in $3.9B Laundering Surge, Says FinCEN
The U.S. Treasury’s financial crimes unit has issued a new alert linking crypto ATMs to billions in fraud and laundering. Banks are now under pressure to act.
GMX Hacker Returns $37M in White-Hat Deal: Token Surges After $42M Exploit
GMX narrowly avoided disaster when a hacker agreed to return $37M in stolen crypto after a $42M exploit. The bounty deal sent GMX’s token surging and reignited debate around DeFi security.
U.S. Recovers $225M in Tether with Coinbase Help in Largest Pig Butchering Crypto Bust
U.S. seizes $225M in USDT from a global pig butchering scam with forensic help from Coinbase in historic crypto fraud crackdown.
Fake Cold Wallet Bought on Douyin Costs Crypto Investor $6.9M
A Chinese crypto investor lost $6.9 million after purchasing a tampered cold wallet via Douyin. The scam exposes serious risks in social commerce and hardware trust.
