Category: Security

This week, the U.S. Department of Justice and the FBI announced the arrest of Nader Al-Naji, the founder and promoter of BitClout tokens. Al-Naji has been charged with fraud for making false and misleading statements to BitClout purchasers and claiming not to control the use of investment funds. According to the criminal complaint filed by… Read more

Even with improved and enhanced monitoring and reporting mechanisms, illegal activity on the blockchain has continued to grow in 2023 and 2024. Since Crystal Intelligence released its 2022/2023 Crypto & DeFi Hacks & Scams Report, our research team detected 324 reports of crypto theft worth nearly $2.8B from February 24, 2023, to March 06, 2024.… Read more

Exploring Emerging Risks and Trends in Cryptocurrency and Artificial Intelligence The rise of Artificial Intelligence (AI) has shown the potential to drive significant and beneficial innovations across various industries, particularly in the cryptocurrency asset space. This report identifies five emerging types of AI-driven crime in the cryptocurrency ecosystem: Read more

From ransomware groups to illicit marketplace operators, Russian-speaking threat actors have become a significant force in international crypto crime. 🌐💻 🔐 Ransomware: This type of malicious software encrypts a victim’s files or data, making them inaccessible. The attacker demands a ransom, usually in cryptocurrency, for the decryption key. Ransomware has become a serious threat to… Read more