heist

Russia's Crypto Heist Shows Why Mining Bans Backfire

Russia's Crypto Heist Shows Why Mining Bans Backfire

Necessity is the mother of invention, and I think that’s completely awesome, too, because desperation really does bring out the innovation. Sometimes, though, that innovation is very bad. Screening empty cities across Russia. One mobile crypto mining farm had hidden its setup inside a truck, authorities found, and was tapping...

$6.9M TikTok Crypto Heist: The Cold, Hard Reality Check We Need

$6.9M TikTok Crypto Heist: The Cold, Hard Reality Check We Need

A $6.9 million loss. Gone. Poof. Life savings disappeared due to a crypto cold wallet bought off TikTok. It’s so simple for us to look away and think, “Oh, that could never happen to me.” Complacency is a dangerous game in the ever chaotic wild west that is crypto. This...

TikTok Crypto Heist: 5 Reasons Why Regulation Can't Fix This Mess

TikTok Crypto Heist: 5 Reasons Why Regulation Can't Fix This Mess

We've all seen the headlines: another crypto heist, another cautionary tale. This go around, it’s a $6.9 million cold wallet compromise due to TikTok. In essence, the victim believed they were protecting their assets, only to have tens of millions funneled into a well-crafted honeypot. Now, crypto security firm SlowMist...

TikTok Crypto Heist: $6.9M Gone! How to Avoid Cold Wallet Scams

TikTok Crypto Heist: $6.9M Gone! How to Avoid Cold Wallet Scams

A new, harrowing story from that world has come to light. To be clear, it is an alarming signal of the dangers that await in the digital underbelly. On June 15th of 2025, a shocking 50 million yuan just evaporated overnight from a cold wallet. That’s $6.9 million poof! The...

Airport Bitcoin Heist! LAPD Busts Ring, But Who's REALLY Paying?

Airport Bitcoin Heist! LAPD Busts Ring, But Who's REALLY Paying?

LAPD executes Bitcoin mining rig heist bust at LAX. Bravo! $2.7 million recovered, arrests made. This is about more than just a cool piece of technology going offline. It’s a manifestation of a deeper, more nefarious issue – one that you’re likely paying for.Crypto Crime Affects EveryoneNot sure how this...

Bitcoin Heist Exposes a $4M Flaw

Bitcoin Heist Exposes a $4M Flaw

It’s tempting to shrug off last week’s $4 million dollar cargo theft as just another crime story. Coffee, tequila, shoes, bitcoin-mining computers… an unusual shopping list for crooks, huh? Look a bit further beneath the surface, and you’ll discover that this goes far beyond purloined property. This unprecedented situation has...

LAPD's Bitcoin Heist Recovery Exposes a Deeper Crypto Security Flaw

LAPD's Bitcoin Heist Recovery Exposes a Deeper Crypto Security Flaw

The LAPD recently seized $2.7 million in stolen Bitcoin mining equipment from LAX. They detained two suspected gun runners affiliated with a South American crime syndicate—the highest value take down in law enforcement’s ongoing war against illegal arms trading. It's not. While I commend the LAPD's efforts, this incident shines...