Four Russian nationals have been arrested in Thailand for their alleged role in crypto ransomware attacks targeting Swiss firms. The operation, coordinated across 14 countries, dismantled 27 servers linked to the criminal network, underscoring the growing global effort to combat cybercrime and protect digital assets.
Andean Medjedovic allegedly manipulated KyberSwap’s liquidity pools and Indexed Finance index pools, stealing $65M. U.S. authorities have indicted him on multiple fraud and laundering charges, with a potential 90-year sentence if convicted.
Hackers breached Virtuals Protocol’s Discord server by compromising a moderator’s private key. The platform has since resolved the issue and secured its server to prevent further unauthorized access.
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