Thieves stole $1.7 billion in cryptocurrency in 2018 as mining gives way to stealing in crypto space

Bitcoin’s legendary ascension to the $20,000 mark a little more than a year ago inspired legions of fast-buck makers to hop on the bandwagon and invest in this intriguing yet volatile asset. Mining cryptocurrency worked for a while, but it is no … Continue reading Thieves stole $1.7 billion in cryptocurrency in 2018 as mining gives way to stealing in crypto space

Laundering Via In-Game Currency and Goods is on the Rise | Part 2

In-game purchases and currencies are spurring a rise in gaming-related laundering Minecraft, FIFA, World of Warcraft and more are used for laundering China and South Korea become hotspots for gaming-currency laundering In April of 2017, we started an i… Continue reading Laundering Via In-Game Currency and Goods is on the Rise | Part 2

Cybercriminals Use Bitcoin as One Method of Laundering Money | Part 1

We are following the money to see what happens to the proceeds from cybercrime. This research shows cybercriminals are money laundering through both familiar and unfamiliar channels. Reserve your copy of the full report: Into the Web of Profit In April… Continue reading Cybercriminals Use Bitcoin as One Method of Laundering Money | Part 1