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Showing results for tags 'heist'.
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Step aside "The Italian Job", "Ocean's Eleven", "Gone in 60 Seconds", this one beats them all! $25m in 12 seconds, if ever there is a Guinness World Record for fastest heist in history, this would be the one. But this case is unlikely to become the plot for a new movie, cos it will be damn boring without showcasing of muscle cars, sexy babes, and exciting car chasing scenes. Hahahaha Two Brothers Arrested For Attacking The Ethereum Blockchain And Stealing $25 Million In Cryptocurrency Source: https://www.justice.gov/usao-sdny/pr/two-brothers-arrested-attacking-ethereum-blockchain-and-stealing-25-million Damian Williams, the United States Attorney for the Southern District of New York; Lisa Monaco, the Deputy Attorney General of the United States; and Thomas Fattorusso, the Special Agent in Charge of the New York Field Office of the Internal Revenue Service, Criminal Investigation (“IRS-CI”), announced today the unsealing of an Indictment charging ANTON PERAIRE-BUENO and JAMES PERAIRE-BUENO with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. The charges in the Indictment arise from an alleged novel scheme by the defendants to exploit the very integrity of the Ethereum blockchain to fraudulently obtain approximately $25 million worth of cryptocurrency within approximately 12 seconds. ANTON PERAIRE-BUENO and JAMES PERAIRE-BUENO were arrested yesterday in Boston, Massachusetts, and New York, New York, respectively, and will be presented this afternoon before U.S. Magistrate Judge Paul G. Levenson for the District of Massachusetts and U.S. Magistrate Judge Valerie Figueredo for the Southern District of New York. U.S. Attorney Damian Williams said: “Today, my Office indicted two brothers—Anton Peraire-Bueno and James Peraire-Bueno—for conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering, all stemming from their alleged scheme to exploit the Ethereum blockchain and to obtain about $25 million worth of cryptocurrency from it. As we allege, the defendants’ scheme calls the very integrity of the blockchain into question. The brothers, who studied computer science and math at one of the most prestigious universities in the world, allegedly used their specialized skills and education to tamper with and manipulate the protocols relied upon by millions of Ethereum users across the globe. And once they put their plan into action, their heist only took 12 seconds to complete. This alleged scheme was novel and has never before been charged. But as the Indictment makes clear, no matter how sophisticated the fraud or how new the techniques used to accomplish it, the career prosecutors of this Office will be relentless in pursuing people who attack the integrity of all financial systems.” Deputy Attorney General Lisa Monaco said: “As alleged in today’s indictment, the Peraire-Bueno brothers stole $25 million in Ethereum cryptocurrency through a technologically sophisticated, cutting-edge scheme they plotted for months and executed in seconds. Unfortunately for the defendants, their alleged crimes were no match for Department of Justice prosecutors and IRS agents, who unraveled this first-of-its kind wire fraud and money laundering scheme. As cryptocurrency markets continue to evolve, the Department will continue to root out fraud, support victims, and restore confidence to these markets.” IRS-CI Special Agent in Charge Thomas Fattorusso said: “These brothers allegedly committed a first-of-its-kind manipulation of the Ethereum blockchain by fraudulently gaining access to pending transactions, altering the movement of the electronic currency, and ultimately stealing $25 million in cryptocurrency from their victims. In this case, IRS-CI New York’s Cyber Unit simply followed the money. Regardless of the complexity of the case, we continue to lead the effort in financial criminal investigations with cutting-edge technology and good-ole-fashioned investigative work, on and off the blockchain.”
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Bangladesh Bank robbery - An interesting cyber heist. . . source: https://www.aljazeera.com/programmes/101east/2018/05/hacked-bangladesh-bank-heist-180523070038069.html How hackers got away with one of the biggest thefts in history, robbing Bangladesh's central bank of more than $80m. It was a daring raid. Tens of millions of dollars stolen from Bangladesh's central bank via the Federal Reserve Bank of New York, transferred to accounts in the Philippines and then laundered through the Philippine casino system. The money, and the thieves, then vanished. And it was all done online. In this comprehensive investigation spanning several countries, 101 East examines one of the biggest bank robberies in modern times, to find out how cyber-hackers infiltrated the global banking system, and got away with it. The crime stunned the then-governor of Bangladesh Bank, Atiur Rahman. "It was like a terrorist attack, into the central bank," he says. "I couldn't believe it ... because nothing like that ... ever happened." The robbery prompted investigations in the Philippines, Bangladesh and by the FBI. It revealed weaknesses in the supposedly secure global money transfer system known as SWIFT, which banks use to move billions of dollars daily between themselves. The heist also exposed the murky banking system of the Philippines, where some of the world's toughest bank secrecy laws make the country vulnerable to potential corruption and money laundering. And it drew attention to the country's casinos, which are exempt from anti-money laundering laws, and not required to report suspicious transactions. 101 East exposes how cyber-hackers got away with one of the biggest bank thefts in history, robbing Bangladesh's central bank of more than $80m. For those who want to find out more in-depth about the bank heist, can look at this youtube!
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Duno is a hoax or real anot...seen it on news a while ago...it mentioned sg8million was taken but tot only 1mn Euro only? http://www.telegraph.co.uk/news/worldnews/...tournament.html