South Korea has decided to impose sanctions on North Korea’s 313 Bureau, a cyber unit accused of hacking and stealing cryptocurrencies. The sanctions announced publicly on December 26, point to the 313 Bureau which is under North Korea’s Ministry of National Defense. It has been associated with several cybercrimes where ... Read more
A U.S. appeals court has ruled against a homeowner who attempted to use his home insurance to get back $170,000 lost in a cryptocurrency fraud. On October 24 this year, the Fourth Circuit Court of Appeals stated the loss did not involve the “direct physical loss” which is necessary for ... Read more
A 21 year old man from Lebanon, Indiana has recently agreed to plea guilty to charges related to what has been described as a $37 million cryptocurrency theft. Evan Frederick Light pleaded guilty in front of U.S. Magistrate Judge Veronica Duffy on September 30, 2024, for his part in a ... Read more
