🔐 Cyber News (May 9, 2024):
1️⃣ Justice: The United States Prosecutor's Office has filed charges against three former leaders of cryptocurrency lender Cred. According to investigators, they participated in a conspiracy to commit fraud and money laundering. 🔍
2️⃣ CoinDesk: Developers at MetaMask, a cryptocurrency wallet, have unveiled a new feature dubbed Smart Transactions. This feature aims to shield users from #MEV bots and various forms of fraud. Project representatives explained that the core concept revolves around establishing a virtual mempool to scrutinize transactions for any irregularities. 🛡️
3️⃣ NCA: The FBI, NCA, and Europol have disclosed the identity of the administrator and developer behind the #LockBit ransomware program, known by the aliases LockBitSupp and putinkrab. The individual was identified as Dmitry Khoroshev, a 31-year-old native of Voronezh, Russia. Law enforcement claims the Russian citizen amassed $100 million from illicit activities, with his total ransom demands surpassing $500 million. Authorities have offered a $10 million reward for any information leading to his capture and arrest. 💰
4️⃣ BBC: In the United Kingdom, two cybercriminals have been convicted of stealing cryptocurrencies worth £5.7 million ($7.1 million) through a phishing site posing as the Blockchain.com exchange. Jake Lee and James Heppell created a replica of the authentic service to gain access to victims' assets. 🔒
5️⃣ Cointelegraph: A specialized team from #Binance played a pivotal role in apprehending a suspect involved in fraud, embezzlement, and money laundering on the #ZKasino gaming platform. Exchange personnel utilized a combination of on-chain tracking methods and open-source intelligence (OSINT) tools. By identifying the suspect's location and identity, the team provided crucial information to law enforcement authorities. 🎯
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