Hong Kong Police Arrest Three in 'Hell Money' Cryptocurrency Scam – News Bytes Bitcoin News
Bitcoin News - 2024-05-21T00:24:03.000Z

Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly presenting “hell money” to a customer, leading the customer to transfer approximately HK$1 million ($128,206) worth of cryptocurrency in exchange for cash. The suspects, aged between 31 and 34, were detained on suspicion […]

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Hong Kong police arrest 100 suspects linked to scams totalling HK$180 million in losses
Hong Kong police have arrested 100 suspects linked to scams with losses totalling HK$180 million as part of a crackdown on fraud and money laundering. Sham Shui Po district police said on Wednesday they had arrested 75 men and 25 women, aged 17 to 75, in a two-week operation between May 6 and May 20. […]
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Ebury Botnet Expanding: Malware Continues to Steal Cryptocurrency – News Bytes Bitcoin News
ESET Research has disclosed that the Ebury botnet, a formidable malware campaign targeting servers, is still active and expanding. Initially recognized for its capability as a server-side backdoor, Ebury has compromised roughly 400,000 Linux, FreeBSD, and OpenBSD servers, with over 100,000 still affected as of late 2023. The operators of Ebury have diversified their illegal […]
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Paraguay Proposes Harsh Penalties for Illegal Bitcoin Mining – News Bytes Bitcoin News
The Paraguayan government is urging lawmakers to pass a bill that would impose up to 10 years in jail for illegal bitcoin miners, in response to the large amounts of electricity theft threatening the state-owned National Electricity Administration (ANDE). The bill includes provisions for Paraguayan police and prosecutors to seize and sell off mining equipment […]
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- 2024-05-20T05:00:05.000Z

In related news

Hong Kong police arrest 100 suspects linked to scams totalling HK$180 million in losses

Ebury Botnet Expanding: Malware Continues to Steal Cryptocurrency – News Bytes Bitcoin News

Paraguay Proposes Harsh Penalties for Illegal Bitcoin Mining – News Bytes Bitcoin News