🔐 Cyber News (Aug 25, 2024):

1️⃣ TRM: Argentine Federal Police have arrested a 29-year-old Russian national in Buenos Aires, accusing him of laundering cryptocurrency for various criminals, including the notorious North Korean hacker group, Lazarus. 🚨

2️⃣ Radio Slobodna Evropa: Montenegrin police have apprehended Roman Zemian, a 51-year-old co-founder of the crypto pyramid scheme FutureNet. Zemian, who had been living under a false identity, was captured in Podgorica following an international operation led by Interpol. 🌍

3️⃣ Cointelegraph: The majority of hacked cryptocurrencies fail to regain their value after an exploit. Over 77.8% of projects targeted by hackers suffer a lasting negative impact on the price of their native tokens within six months of the incident. Notably, 51.1% of these tokens lose more than half of their value within this period. 📉

4️⃣ Turkiye Today: Turkish authorities have detained Andreas Sakach, a Swedish national, for his role in orchestrating the OmegaPro cryptocurrency pyramid scheme, which caused investors to lose a staggering $4 billion. 💸

5️⃣ BaFin: Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 crypto ATMs for operating without a license. The agency stated that these devices were used without the necessary BaFin authorization, posing a significant money laundering risk. The suspect had been under surveillance since November 2023, frequently changing residences. His final location was traced with assistance from the Binance exchange. 🕵️‍♂️

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