An In-Depth Look at Crypto-Crime in 2023 Part 1


Cryptocrime refers to any criminal activity involving the use of cryptocurrency. This can include theft, fraud, money laundering, and other illicit activities.

Cryptocurrencies, such as Bitcoin and Ethereum, operate on decentralized networks and are not issued or controlled by any central authority. This makes them an attractive target for criminals due to their anonymity and lack of regulation. Chainalysis’s 2024 Crypto Crime Report details the different types of crypto-crimes and their impact on the industry. In this article, Trend Micro researchers will discuss some of the report’s key findings and how crypto-crime is evolving in 2023.

Read more…
Source: Trend Micro


Sign up for our Newsletter


Related:

  • Meta, Starlink and Microsoft team up with the FBI to delete over 1.4 million accounts and seize millions in cryptocurrency related to huge scam networks targeting Americans

    June 4, 2026

    Dozens of people have been arrested, and millions of dollars in cryptocurrency seized, in a large-scale, multi-national operation against internet scammers and fraudsters. On May 18, the US Department of Justice, the FBI, Secret Service, law enforcement agencies in the UK, Australia, Canada, New Zealand, and Thailand, as well as multiple commercial businesses such as Meta, ...

  • Physical attacks on major crypto holders is on the rise as ‘Whales’ are targeted for kidnapping News

    May 30, 2026

    Cryptocurrency executives and whales alike are increasingly being targeted by a mix of criminal elements worldwide, even as security continues to be beefed up to protect the not-so-anonymous owners of cryptocurrency. The transparency introduced to the crypto world is putting some coin-collectors at risk of physical harm, and even kidnapping. But many are also being outed by ...

  • North Korean hackers blamed for $290M crypto theft

    April 20, 2026

    Over the weekend, hackers stole more than $290 million in cryptocurrency from Kelp DAO, a protocol that allows users to earn yields on idle crypto investments. By Monday, LayerZero, one of the projects affected by the hack, accused North Korea of carrying out the heist. The hack is now the largest crypto theft of the year ...

  • Taiwan Indicts 62 Over Laundering $339M From Crypto Scam Compounds in Cambodia

    March 4, 2026

    Taiwanese prosecutors have indicted 62 people over their alleged links to Prince Group, a network designated as a transnational criminal organization by the U.S. Department of Justice. According to a report by Reuters, those indicted include the group’s chairman and alleged mastermind Chen Zhi, who was arrested in Cambodia and extradited to China earlier this year.Thirteen ...

  • Arkanix Stealer: C++ and Python infostealer

    February 19, 2026

    In October 2025, Kaspersky researchers discovered a series of forum posts advertising a previously unknown stealer, dubbed “Arkanix Stealer” by its authors. It operated under a MaaS (malware-as-a-service) model, providing users not only with the implant but also with access to a control panel featuring configurable payloads and statistics. The set of implants included a publicly ...

  • UNC1069 Targets Cryptocurrency Sector with New Tooling and AI-Enabled Social Engineering

    February 9, 2026

    North Korean threat actors continue to evolve their tradecraft to target the cryptocurrency and decentralized finance (DeFi) verticals. Mandiant recently investigated an intrusion targeting a FinTech entity within this sector, attributed to UNC1069, a financially motivated threat actor active since at least 2018. This investigation revealed a tailored intrusion resulting in the deployment of seven unique ...