The Largest Crypto Heist of All Time

At 2:16 PM UTC February 21st 2025, a routine transfer of 30,000 ETH was made from the ByBit Ethereum cold wallet to the ByBit Ethereum warm wallet. ByBit typically does this transfer every 2-3 weeks depending on the current balance of the ETH hot wallet. The warm wallet&…

Veteran Darknet Vendor Turns Out to Be a Couple from Las Vegas

On October 11, 2023, law enforcement executed arrest warrants on a Las Vegas home. Inside was a middle aged couple, Rushan Reed (47) and Celeste Reed (28). To the public they seemed like an ordinary couple, but online they were running a sophisticated drug trafficking operation. The couple operated under…

Understanding the Takedown of the Cracked and Nulled Hacking Forums

On January 29th, Operation Talent aimed to take down the online cybercrime forums Cracked[.]io and Nulled[.]to as well as other connected services. The operation was carried out by German authorities and supported by Europol, the FBI, and many other foreign adversaries.  Nulled was launched in January of 2015…

FBI Shutsdown Dispossessor Ransomware

On August 12th, FBI Cleveland announced they have successfully taken down the Dispossessor Ransomware group. They seized three servers located in the US, three in the UK, 18 in Germany, and nine domains connected to the group. After the seizure, it was revealed that the group is led by someone…