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$245 million in stolen crypto funded racketeering crew’s lavish lifestyle

Malone Lam pleaded guilty in D.C. federal court to a racketeering conspiracy that stole and laundered over $245 million in cryptocurrency via social engineering.

Malone Lam, a 22-year-old Singapore citizen, pleaded guilty in Washington D.C. federal court to running a racketeering conspiracy that stole and laundered more than $245 million in cryptocurrency. The operation ran from at least October 2023 through May 2025, grew out of online gaming platforms, and relied on social engineering to trick victims into surrendering wallet access, sometimes including break-ins to victims' homes. Lam was arrested on September 18, 2025 in Miami; prosecutors said members spent lavishly on nightclubs, private jets, and exotic cars priced from $100,000 to $3.8 million.

Help Net Security · 6d agoPhishing & fraud

BambooToken Malware Uses MQTT to Control Windows and Linux Systems

Lumen uncovers BambooToken, a stealthy multi-platform malware using MQTT C2 and Tendyron DLL sideloading to compromise Asian and South American organizations.

Lumen Black Lotus Labs disclosed BambooToken, a previously undocumented malware family active since at least February 2023 that controls Windows and (since December 2025) Linux hosts via the MQTT protocol for C2. The malware sideloads a rogue OnKeyToken_KEB.dll via Tendyron's OnKey PKI token software, gathers host details, and uses a WMI-based plugin to enumerate installed antivirus products and exfiltrate them to C2 domains proxied through Cloudflare. A dozen compromised entities were detected across Asia and South America, and DLL sideloading plus SoftEther VPN usage suggests a China nexus.

The Hacker News · 7h agoMalware in the wild 2 sources

LLM-Based Schema-Aware Split Learning for Privacy-Preserving Mental Distress Prediction Across Heterogeneous Surveys

Schema-aware split learning uses LLaMA-3.2-3B-Instruct as shared semantic encoder to harmonize heterogeneous mental-health surveys while raw data stays local.

The paper proposes a schema-aware split learning framework where an LLM serializes heterogeneous mental health survey records into natural language and is fine-tuned via LoRA, partitioned across client and server. Clients keep raw survey responses local and run only a lightweight front-end while the resource-intensive backbone runs server-side. Using LLaMA-3.2-3B-Instruct, the framework attains an average ANLS of 0.708 with 2,000 training samples, beats federated learning in eight of nine settings, and cuts per-client computation by three orders of magnitude while generalizing to unseen datasets.

arXiv cs.AI / cs.LG / cs.CL · 1d agoAI research

Week in review: Linux rootkit deployed on F5 BIG-IP APM devices, Cisco FMC bugs exploited

Weekly roundup: Cisco FMC and N-able N-central zero-days exploited in the wild, MikroTik RouterOS hijacks, Microsoft Patch Tuesday ships two exploited zero-days.

State-sponsored and financially-motivated attackers are actively exploiting CVE-2026-20079, a critical authentication bypass in Cisco Secure Firewall Management Center (FMC), alongside CVE-2026-20316. N-able issued an emergency hotfix for CVE-2026-86218, a critical pre-auth RCE in the N-central RMM platform exploited in the wild. CERT Polska disclosed six RouterOS vulnerabilities being chained to hijack internet-exposed MikroTik devices. Microsoft's September 2026 Patch Tuesday shipped a record patch count including two zero-days, while roughly 67,000 Trezor customers faced phishing after a shipping-partner breach and researchers privately disclosed a zero-click WeChat worm to Tencent.

Help Net Security · 2d agoExploit / PoC in the wildCVE-2026-20079CVE-2026-20316CVE-2026-862182· 1 read

Meta Launches Personal AI Agent, Muse, Emphasizes Safety and Privacy

Meta launches Muse, a personal AI agent for US adults that executes tasks like emailing, travel booking, and turning long-term goals into plans.

Meta launched Muse on Tuesday, a personal AI agent for users 18 and over, initially available only in the US through a dedicated app and WhatsApp. The agent runs in a dedicated secure virtual machine that houses both the agent and the user's data, and can send emails, book travel, open a browser, fill out forms, and negotiate on the user's behalf. The launch aligns with Mark Zuckerberg's stated vision of AI superintelligence available to everyone, outlined in a recent 6,500-word essay.

SecurityWeekupdated · 4d agofirst · 6d agoAI industry 9 sources1

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 · 7d agoPolicy & legal

Georgia man charged for robbing NBA, NFL players through stolen Apple account details

Georgia man Kwamaine Jerell Ford charged with phishing NBA and NFL players' Apple accounts, making over 2,000 fraudulent transactions, and sex trafficking counts.

Kwamaine Jerell Ford, 34, was arrested and pleaded not guilty to dozens of counts including wire fraud, computer fraud, aggravated identity theft, access device fraud, and sex trafficking. He posed as an adult film actress offering explicit videos, then as Apple customer support to harvest usernames, passwords, and MFA codes from professional athletes, gaining access to their credit and debit cards and making more than 2,000 transactions including fund transfers and DoorDash orders. Prosecutors say he ran the scheme while on probation for a similar 2019 phishing offense in which he spent nearly $325,000 of stolen funds, and also coerced a woman into sex with players, filmed encounters without consent, and hacked one athlete's home security cameras. He was held without bail.

The Record · 7d agoPolicy & legal in the wild

Jail time for Maine child in 764 marks turning point in federal law enforcement

A 17-year-old from Maine became the first minor federally adjudicated for 764 extremist crimes, including child exploitation, signaling a policy shift on prosecuting juveniles.

The FBI said a Maine teenager is the first child federally charged and adjudicated for crimes tied to the nihilistic violent extremist collective 764, part of The Com network. Charges include conspiracy to sexually exploit a child, distributing CSAM, interstate threats, cyberstalking, and identity theft. The case marks a turning point in federal policy on prosecuting juveniles and continues heightened enforcement: Kyle Spitze was sentenced to 77 years and Alexis Chavez to 40 years in related cases. The FBI is investigating more than 500 subjects connected to 764 and its offshoots nationwide.

CyberScoop · 13d agoPolicy & legal

TLD Tracker: Exploring Newly Released Top

Unit 42 tracked 19 newly released top-level domains and found large-scale phishing, unwanted program distribution, and cybersquatting tied to TLD launch dates.

Researchers analyzed 19 new generic TLDs, including .zip, .bot, .ing, and .meme, released or approaching general availability over roughly 18 months. Data from passive DNS, registry zone files, newly registered domain feeds, and the Tranco top-1M list showed phishing campaigns, potentially unwanted program distribution, and domain squatting on these TLDs. Abuse correlated with each TLD's rollout phases, indicating attackers monitor general availability dates to register and weaponize domains. The IANA root database now lists over 1,000 generic TLDs.

Palo Alto Unit 42 · 29d agoResearch