Two Estonian nationals are facing up to 20 years behind bars after pleading guilty to running a huge cryptocurrency fraud scheme that netted hundreds of millions of dollars.

The Personal Information Protection Commission (PIPC) of South Korea announced the suspension on February 15, citing deficiencies in the app’s communication features and data processing practices.

Earlier this week, the authorities in the United States, Australia, and the United Kingdom, announced sanctions against the same bulletproof hosting provider for its involvement in cybercrime operations.

The 22-year-old Canadian national allegedly exploited flaws in the automated smart contracts used by the KyberSwap and Indexed Finance decentralized exchange aggregators and operators of digital token liquidity pools on the Ethereum network.

A 59-year-old man from Irvine, California, was sentenced to 87 months in prison for his involvement in an investor fraud ring that stole $50 million between 2012 and October 2020.

The vast array of sites in question peddled phishing toolkits and fraud-enabling tools and was operated by a group known as Saim Raza since at least 2020, which is also known as HeartSender.

The FBI has seized the domains for the infamous Cracked.io and Nulled.to hacking forums, which are known for their focus on cybercrime, password theft, cracking, and credential stuffing attacks.

The Federal Trade Commission (FTC) is taking action against General Motors (GM) and its subsidiary, OnStar, for unlawful collection and selling drivers' precise geolocation and driving behavior data from millions of vehicles.

The accused firms include AliExpress, Shein, Temu, TikTok, WeChat and Xiaomi. The non-profit alleges these companies unlawfully send Europeans’ personal data outside of the EU, especially to China.

The Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Yin Kecheng — “a Shanghai-based cyber actor” allegedly involved in the attack on the Treasury Department — as well as Chinese cybersecurity firm Sichuan Juxinhe Network Technology.