๐ Cyber News (May 4, 2024):
1๏ธโฃ ED: Indian law enforcement, aided by Binance, has tracked down and seized $10.5 million in digital assets implicated in the E-Nugget fraud case. ๐ต๏ธโโ๏ธ
2๏ธโฃ Wasabi Wallet: As of June 1st, ZkSNACKs, the developer behind Wasabi Wallet, will discontinue its CoinJoin anonymization service due to mounting pressure from law enforcement on cryptocurrency mixers. This decision will impact users of Trezor Suite wallet and BTCPayServer payment gateway. ๐ผ
3๏ธโฃ Tether: Tether, the issuer of #USDT stablecoin, has partnered with Chainalysis, an analytical firm, to enhance monitoring and develop tools for tracking transactions in the secondary market. ๐
4๏ธโฃ Cyvers Alerts: A user fell prey to "address poisoning," losing 1155 "wrapped" bitcoins, valued at about $68 million. In this scheme, scammers deceive users into sending cryptocurrency to an intentionally incorrect address, resembling the correct one in its initial and final characters, through deception or technical means. ๐จ
5๏ธโฃ Justice: On May 3, 2024, Alexander Vinnik, a Russian citizen and co-founder of BTC-e cryptocurrency exchange, admitted guilt in a money laundering conspiracy case. โ๏ธ
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