🔐 Cybersecurity News (Mar 27, 2024):

1️⃣ Justice: The US Federal Prosecution accused cryptocurrency exchange #KuCoin and its two founders of money laundering worth $9 billion. According to authorities, platform founders Chun (Michael) Gan and Ke (Eric) Tang did not implement KYC/AML procedures from 2017 to 2023, despite serving over 30 million clients. Subsequently, identification and verification were not applied to existing users. 🔒

2️⃣ Cyvers Alerts: DeFi project #Curio fell victim to an attack, with experts at Cyvers Alerts estimating damages at $16 million. 🚨

3️⃣ Checkmarx: Hackers targeted GitHub users using fake Python infrastructure. Malware disguised itself as the popular package "colorama" and was spread among over 170,000 members of the Top.gg community through a compromised account. 🔒

4️⃣ Plum: An expert has uncovered a phishing scam, presumably targeting creditors of bankrupt crypto companies BlockFi and FTX. In just five days, losses from this ongoing fraud amounted to $7 million. Researcher #Plum found that victims receive emails purporting to be from restructuring teams with updates on legal proceedings. Users are offered the chance to withdraw digital assets by clicking a link to confirm ownership of their wallet. 🎣

5️⃣ Pacman: Gaming Web3 platform Munchables, built on Ethereum Layer 2 solution Blast, lost $97 million due to an exploit. The hacker returned the funds unconditionally. On March 26, the team announced the incident, stating they are tracking fund movements and attempting to halt transactions. 🔒

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