Category: Cryptomus

  • Happy 16th Birthday, KrebsOnSecurity.com!

    Happy 16th Birthday, KrebsOnSecurity.com! KrebsOnSecurity.com celebrates its 16th anniversary today! A huge “thank you” to all of our readers — newcomers, long-timers and drive-by critics alike. Your engagement this past year here has been tremendous and truly a salve on a handful of dark days. Happily, comeuppance was a strong theme running through our coverage…

  • Canada Fines Cybercrime Friendly Cryptomus $176M

    Canada Fines Cybercrime Friendly Cryptomus $176M Financial regulators in Canada this week levied $176 million in fines against Cryptomus, a digital payments platform that supports dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services. The penalties for violating Canada’s anti money-laundering laws come ten months after KrebsOnSecurity noted that Cryptomus’s Vancouver street address was…

  • How Cryptocurrency Turns to Cash in Russian Banks

    How Cryptocurrency Turns to Cash in Russian Banks A financial firm registered in Canada has emerged as the payment processor for dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services aimed at Russian-speaking customers, new research finds. Meanwhile, an investigation into the Vancouver street address used by this company shows it is home to…