Tag: extortion

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Crypto Exchange Kraken Says Hackers Used Bug Bounty Program for ‘Extortion’ After $3M Exploit

Crypto Exchange Kraken Says Hackers Used Bug Bounty Program for ‘Extortion’ After $3M Exploit

Nick Percoco, Kraken's chief security officer, said in a post on social media platform X (formerly Twitter) that the firm received a "bug bounty progr [...]
U.S. DOJ Identifies and Charges LockBit Ransomware Gang Leader with Fraud, Extortion

U.S. DOJ Identifies and Charges LockBit Ransomware Gang Leader with Fraud, Extortion

In a sprawling 26-count criminal indictment unsealed Tuesday morning, prosecutors allege that Khoroshev, 31, developed, promoted and oversaw the LockB [...]
Steven Nerayoff Intends to Sue U.S. Government for $9.6B Over Dropped Extortion Charges

Steven Nerayoff Intends to Sue U.S. Government for $9.6B Over Dropped Extortion Charges

The government denied the majority of Nerayoff’s claims in a filing of its own, including the assertion that Nerayoff’s colleague and former co-defend [...]
‘End the Extortion:’ BlockFi Creditors File to Liquidate Estate

‘End the Extortion:’ BlockFi Creditors File to Liquidate Estate

“It is time to end all of this,” the creditors’ filing said, adding that, unlike other cases of alleged crypto wrongdoing, such as Sam Bankman-Fried’s [...]
Crypto Extortion Charges Dropped Against Steven Nerayoff, an Early Ethereum Adviser

Crypto Extortion Charges Dropped Against Steven Nerayoff, an Early Ethereum Adviser

His lawyers say their client was put in a van on the day of his arrest and given a clipboard with a list of names of hundreds of the top players in th [...]
Coinbase clarifies bug bounty policy in response to Uber extortion verdict

Coinbase clarifies bug bounty policy in response to Uber extortion verdict

In a blog post on November 30, Coinbase sought to clarify its bug bounty program policies in response to the recent Uber data breach verdict.The compa [...]
Coinbase Foils Extortion Attempt Against Its Crypto Exchange, Reinforces Bug Bounty Program

Coinbase Foils Extortion Attempt Against Its Crypto Exchange, Reinforces Bug Bounty Program

Coinbase’s bug bounty program marked its 10-year anniversary last month. The program has found and fixed over 600 bugs and paid out more than $400,000 [...]
Monero crypto of choice as ransomware ‘double extortion’ attacks increase 500%

Monero crypto of choice as ransomware ‘double extortion’ attacks increase 500%

A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in [...]
Nike seeks restitution from Michael Avenatti for extortion scheme

Nike seeks restitution from Michael Avenatti for extortion scheme

Michael Avenatti, legal professional and founding associate of Eagan Avenatti LP, second left, exits from federal court docket in New York, U.S., o [...]
FBI Investigated Extortion Try In opposition to Ripple About Allegedly Unfavourable Movies

FBI Investigated Extortion Try In opposition to Ripple About Allegedly Unfavourable Movies

Ripple Labs Inc., a San Francisco software program firm that develops XRP, one of many 5 largest cryptocurrencies, was blackmailed on the peak of t [...]
Vinnik trial for extortion and Bitcoin cash laundering begins in Paris

Vinnik trial for extortion and Bitcoin cash laundering begins in Paris

The trial of the alleged launderer of $four billion value of Bitcoin (BTC), Alexander Vinnik, acquired underway in Paris on Oct 19.Nevertheless, re [...]
Spate of Bitcoin Extortion Bomb Threats Hit Authorities, Faculties in Japan

Spate of Bitcoin Extortion Bomb Threats Hit Authorities, Faculties in Japan

The extortionists demand a cost in bitcoin to keep away from the detonation of an explosive gadget, per a report. www.coindesk.com [...]
Unconfiscatable? Utilizing Bitcoin to Resist Police Extortion in Nigeria

Unconfiscatable? Utilizing Bitcoin to Resist Police Extortion in Nigeria

Nigerian programmer Adebiyi David Adedoyin hears knocking at his house door. He’s simply woken up and headed to the toilet. He decides to take his [...]
Sheep Farmer’s Alleged Child Meals-Primarily based Bitcoin Extortion Try Thwarted

Sheep Farmer’s Alleged Child Meals-Primarily based Bitcoin Extortion Try Thwarted

A resident from Lincolnshire, United Kingdom, was accused by native authorities of trying to blackmail the grocery store chain, Tesco.In line with [...]
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