Crypto revenue extorted by ransomware attackers fell significantly in 2022, down 40.3% to $456.8 million from $765.6 million the previous year. The trend in reduced ransomware payments was clear...
Tag: Victims
Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports – Security Bitcoin News
While the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes t...
Ransomware Revenue Falls by 40% as Majority of Victims Refuse to Pay
Ransomware attackers extorted $456 million in 2022 compared to $765 million in 2021. In 2019, only 24% of victims refused to pay attackers, but the figure doubled recently. Attackers often send their ...
BitKeep to Give Refund to All Victims of $8M Hack by March End
BitKeep announced that it is listening to the victim’s complaints regarding compensation. The technical team of the firm has set up a ‘closed-loop verification system’. BitKeep added that 50% of the f...
BitKeep Expects to Compensate All Victims of $8M Exploit by March-End
Multi-chain crypto wallet BitKeep revealed that it will launch the compensation portal in the first week of February, and 50% of the funds are expected to be returned to users by the end of the same m...
BitKeep wallet to refund victims of $8 million fake app hack in December
Multi-chain wallet BitKeep has announced it will issue full refunds to victims of a hacking incident which took place in December, costing the project around $8 million. Victims who were impact...
BitConnect’s “Textbook Ponzi” victims will be compensated with $17 million
Join Our Telegram channel to stay up to date on breaking news coverage According to a decision made by a Californian court, about 800 victims of the infamous BitConnect scam will shortly receive a fra...
BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter
Arcaro is not the only BitConnect bigwig to face consequences for his role in the scheme: BitConnect’s founder, Satish Kumbhani, has been indicted on a host of felony charges, including conspiracy to ...
Remember BitConnect? Victims of $2.4B Fraud To Recoup a Mere $17M.
Victims of the BitConnect fraud, one of the largest cryptocurrency scams ever, are set to recover some of their losses under a court order. The Department of Justice said on Thursday that a federal di...
Over 800 Victims of BitConnect Crypto Ponzi Scheme To Receive $17,000,000 in Restitution, According to U.S. DOJ
More than 800 victims of the collapsed BitConnect crypto Ponzi scheme are set to receive $17 million in restitution, according to the U.S. Department of Justice. A federal district court in San Diego ...
Victims of BitConnect to Receive $17 Million in Restitution
Around 800 victims of the BitConnect scheme will soon receive a portion of $17 million in restitution after a court ruling ordered it so. A court ruling on Thursday by the U.S. District Court for the ...
Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme – Bitcoin News
More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the United States. The notorious crypto investment scheme defrauded tho...
BitConnect Victims to Receive $17 Million in Restitutions
Victims of the notorious BitConnect Ponzi scheme may finally see some form of restitution, following a recent ruling in a court in California. The US District Court for the Southern District of Califo...
Victims of $2.4B BitConnect Ponzi to Receive $17M in Restitution
Victims of the Ponzi scheme BitConnect may finally find some respite. The United States District Court for the Southern District of California ordered over $17 million in restitution to be distributed...
BitConnect Fraud Victims Receive Over $17 Million in Restitution
The United States Department of Justice (DOJ) released a Press Release on January 12th, 2023. According to the PR, “a federal district court in San Diego ordered that over $17 million in restitution b...
Bitconnect victims to receive $17m in compensation
Over 800 victims of the Bitconnect fraud are set to get some consolation. The US federal district court in San Diego mandates that they get a portion of a $17 million restitution made from the $2.4 bi...
Judge says 800 victims of BitConnect scam can share $17M
Approximately 800 victims of the BitConnect crypto investment scam will get back at least some of their funds after a San Diego Federal court ordered that $17 million be distributed to investors in ov...
Victims Of BitConnect Fraud To Receive $17M As Restitution: DOJ
The US Department of Justice (DOJ) has ordered to distribute over $17 million in restitution to 800 victims of the BitConnect fraud. The announcement comes as some relief for victims, although the $2....
BitConnect victims will receive $17 million: DOJ
BitConnect victims will receive $17 million in restitution money, according to an announcement from the U.S. Department of Justice (DOJ) on Jan. 12. That statement indicates that a federal court in Sa...
US DOJ Opens Website for SBF Victims, Implores Them to Come Forward
US prosecutors have created a website to communicate explicitly with the victims of disgraced ex-FTX boss Sam Bankman-Fried (SBF). The United States Department of Justice has established a website to...
DOJ Sets Up Communication Channel for FTX Collapse Victims
Government seeks to connect with the victims of the FTX collapse. Sam Bankman-Fried is charged with eight separate indictments. The US government took an initiative to reach out to the victims of the ...
FTX Fraud Victims to Get a Website for Court Proceeding Communication & Federal Rights
US Government is planning to launch a website for FTX U.S victims to notify them regarding their court proceedings and federal rights. Lewis A Kaplan has been appointed as the District Judge for this ...
$4.1 M stolen by Chinese Criminal from Victim’s Car
The victim was attending a gathering of crypto investors. The attacker restrained him in the parking lot and made him transfer $4.1 million to his wallet. A warrant has been issued; further investig...
Website Launched SBF victims: Prosecutors Urges for Emails
US prosecutors launched a website for SBF victims on Friday. Federal prosecutors are now to use only the website to contact victims. The US Attorney suggests more indictments to follow. In a compli...
DOJ Asks Victims of Sam Bankman-Fried’s Fraud to Come Forward – Featured Bitcoin News
The U.S. Department of Justice (DOJ) has asked victims of former FTX CEO Sam Bankman-Fried (SBF)’s fraud to come forward. The former FTX executive has been charged with “defrauding customers of FTX.co...
US Prosecutors Launches Website for SBF Victims
The US government has called for those who think they are affected by Sam Bankman-Fried’s (SBF) crimes to get in touch with the prosecutors in other to verify if they are victims. According to a Jan. ...
Chinese criminal steals $4.1M in crypto from victim’s car
An attacker used a crypto investor’s facial ID to unlock his wallet by force and transferred $4.1 million to his own address in China on Jan.1, as reported by local news outlets. The attacker located ...
U.S. officials invite SBF victims to send an email
U.S. authorities are seeking out victims of FTX founder and former CEO Sam Bankman-Fried, according to a web page published on Jan. 6. That page, created by the U.S. Attorney’s Office for the Southern...
FTX fraud victims invited to come forward by US officials
The U.S. Attorney’s Office for the Southern District of New York invited victims of the FTX collapse to come forward on a website that went live earlier today. An email address through whi...
3Commas admits API leak as victims demand refunds and apology
Earlier today, 3Commas confessed to an API leak after denying the community report for months. The move stirred victims to demand refunds and an apology for gaslighting. 3Commas’ clients demand a re...