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Party’s Over for Crypto Scammers Who Went on a Spending Spree After a $240 Million Bitcoin Theft

Malone Lam's plea hearing approaches in the $240 million bitcoin social engineering theft; the case highlights surging crypto fraud and limited enforcement.

Malone Lam, accused of organizing a social engineering attack that stole over $240 million in bitcoin (4,100+ BTC) from a Washington, D.C. resident in August 2024, has a plea agreement hearing set. Callers impersonating Google and Gemini staff tricked the victim into revealing security codes. Lam and 17 co-defendants spent lavishly before FBI arrests; crypto investment fraud complaints to the FBI rose nearly 50% in 2025 while DOJ disbanded its crypto crimes unit.

SecurityWeek · 8d agoPolicy & legal

Iranian APTs increased activity against US industries in late spring, researchers say

Nozomi Networks recorded 28 Iran-linked attacks on US customers in May-June, up 133%, mostly hitting transportation and manufacturing.

Nozomi Networks telemetry showed 28 Iran-linked attacks against customers in May and June versus 12 in the prior two months, a 133% increase focused on transportation and manufacturing. MuddyWater was the most active group, targeting at least five US companies, followed by APT33 with at least three; OilRig, CyberAv3ngers, FoxKitten and Homeland Justice were also active. In a separate report, Morphisec said Fox Kitten is recruiting ransomware affiliates with an 80% share of proceeds for attacks against Iran's adversaries, including the US and Israel. The activity comes amid heightened concerns over Iranian cyber retaliation after US strikes on Iranian nuclear facilities.

The Record · 9d agoThreat actor in the wild1· 1 read

Thomson Reuters Court Software Breach May Have Exposed SSNs and Sealed Data

Unauthorized access to Thomson Reuters' C-Track court platform may have exposed SSNs and sealed records across 11 US states, USVI, and Ontario.

Thomson Reuters' West Publishing disclosed that an unauthorized party obtained files from the C-Track court case management platform starting in March 2026, with access to one environment running from March 1 through June 29, 2026 per Montana's account. Notices name roughly 24 court bodies across 11 US states, the US Virgin Islands, and Ontario, including appellate courts in Minnesota, Ohio, Montana, and Pennsylvania. Exposed data may include names, Social Security numbers, driver's license numbers, dates of birth, medical and health insurance information, and confidential or sealed court records. The company is offering 12 months of Experian or TransUnion monitoring, and courts disagree over whether the vendor's backup cloud environment or the production platform was accessed.

The Hacker News · 13d agoData breach in the wild