phishing

Imagine waking up one day, looking at your crypto wallet and seeing that it’s been completely drained. It’s not a glitch, it’s not a market correction, it is a dark, bottomless, chasmic abyss where your deeply appreciated investments once were. This isn’t some hypothetical crypto dystopia, it’s the harsh reality...

DeFi.Decentralized Finance.It’s the same promise of a financial revolution, moving power and control from Wall Street to you.History shows that revolutions, too, can be hijacked. The example of Zak Coyne, the LabHost developer, is a clear indication that as we approach this transformation, we could use some guardrails. He received...

Eight and a half years. That’s the sentence Zak Coyne was given for developing LabHost, a phish-as-a-service that was responsible for defrauding victims out of immeasurable amounts. As much as I am happy for the justice, though, let’s not kid ourselves. This isn't a victory lap. It's a stark reminder...

The recent sentencing of the ringleader behind LabHost, a platform enabling widespread phishing attacks, marks a significant victory in the fight against cybercrime. The story of this case demonstrates how law enforcement is smartening up. They’re improving their ability to trace and prosecute illegal activities funded by cryptocurrencies, such as...