Nick Bax

August 13, 2021

New Anti Anti-Money Laundering Services for Crooks

This post was originally published on this siteA new dark web service is marketing to cybercriminals who are curious to see how their various cryptocurrency holdings and transactions may be linked to known criminal activity. Dubbed “Antinalysis,” the service purports to offer a glimpse into how one’s payment activity might be flagged by law enforcement agencies and private companies that try to link suspicious cryptocurrency transactions to real people. Sample provided by Antinalysis. “Worried about dirty funds in your BTC address? Come check out Antinalysis, the new address risk analyzer,” reads the service’s announcement, pointing to a link only accessible […]
October 15, 2022

Anti-Money Laundering Service AMLBot Cleans House

This post was originally published on this siteAMLBot, a service that helps businesses avoid transacting with cryptocurrency wallets that have been sanctioned for cybercrime activity, said an investigation published by KrebsOnSecurity last year helped it shut down three dark web services that secretly resold its technology to help cybercrooks avoid detection by anti-money laundering systems. Antinalysis, as it existed in 2021. In August 2021, KrebsOnSecurity published “New Anti Anti-Money Laundering Services for Crooks,” which examined Antinalysis, a service marketed on cybercrime forums that purported to offer a glimpse of how one’s payment activity might be flagged by law enforcement agencies […]
September 5, 2023

Experts Fear Crooks are Cracking Keys Stolen in LastPass Breach

This post was originally published on this siteIn November 2022, the password manager service LastPass disclosed a breach in which hackers stole password vaults containing both encrypted and plaintext data for more than 25 million users. Since then, a steady trickle of six-figure cryptocurrency heists targeting security-conscious people throughout the tech industry has led some security experts to conclude that crooks likely have succeeded at cracking open some of the stolen LastPass vaults. Taylor Monahan is founder and CEO of MetaMask, a popular software cryptocurrency wallet used to interact with the Ethereum blockchain. Since late December 2022, Monahan and other […]
January 10, 2024

Here’s Some Bitcoin: Oh, and You’ve Been Served!

This post was originally published on this siteA California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds. The case is thought to be first in which a federal court has recognized the use of information included in a bitcoin transaction — such as a link to a civil claim filed in federal court — as reasonably likely to provide notice of the lawsuit to the defendant. Experts say the development could make it easier for victims of crypto heists to recover stolen funds through the […]