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$3.6 billion bitcoin seizure shows how hard it is to launder cryptocurrency
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$3.6 billion bitcoin seizure shows how hard it is to launder cryptocurrency

Enlarge / The IRS detailed the winding and tangled routes the couple allegedly took to launder a portion of the nearly 120,000 bitcoins stolen from the cryptocurrency exchange Bitfinex in 2016. (credit: William Whitehurst | Getty Images) On Tuesday, Ilya Lichtenstein and Heather Morgan were arrested in New York and accused of laundering a record...

Police in Spain dismantle a SIM-swapping ring that drained bank accounts
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Police in Spain dismantle a SIM-swapping ring that drained bank accounts

Enlarge (credit: Getty Images) Authorities in Spain said they broke up a SIM-swapping crime ring that used identity theft and falsified documents and texts to target victims’ bank accounts. In a press release, Spain’s National Police agency said it arrested eight individuals in connection with the operation, which began no later than last March. The...

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Hundreds of e-commerce sites booby-trapped with payment card-skimming malware

Enlarge (credit: Getty Images) About 500 e-commerce websites were recently found to be compromised by hackers who installed a credit card skimmer that surreptitiously stole sensitive data when visitors attempted to make a purchase. A report published on Tuesday is only the latest one involving Magecart, an umbrella term given to competing crime groups that...