Russian government site hacked by bitcoin crooks

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Another appearance of Bitcoin crooks in Russia who this time hacked a government website by posting ads offering BTC.

According to reports, the site of the local government of Ryazan, a city about 200 km from Moscow, was attacked by hackers twice in one day.

Bitcoin crooks have reportedly posted an ad on the official government portal offering crypto to users who have downloaded a special app.

Apparently the crooks offered 0.025 BTC to early adopters who downloaded the app, then changed the offer, advertising the “Ryazani online lottery” and drawing lots for a BTC price of $ 1,000 to the first five participants chosen at random.

For now, on the hacked government site, the Bitcoin crooks’ ad has already disappeared, but screenshots of the posts that actually took place are circulating.

Bitcoin crooks in Russia are on the rise

Russia and Bitcoin Scammer Market Figures

The Bitcoin crooks market in Russia appears to be growing, with the volume of crypto frauds amounting to $ 30 million (2.2 billion rubles) in 2021.

This is claimed by experts at cybersecurity firm Zecurion who reported that crypto scams around the world were very significant in 2021.

More specifically, during the first semester of the year only, losses amounted to $ 1.5 billion, almost three times the amount recorded in the first half of 2020.

Still, Russia is very cautious against crypto criminals. At the beginning of July, the Attorney General of the Russian Federation, Igor krasnov, spoke in St. Petersburg at the conference of heads of prosecutors of European states, saying that Russia was working on amendments to digital asset confiscation legislation, because they are sources of income for criminals.

This is also possible because Russian law recognizes and allows the use of cryptocurrencies, but do not consider them as means of payment.

Very narrowly, crypto assets are defined in Russia as a set of electronic data that can be accepted as a means of payment, but there is not enough clarity on this issue to define them as such.

The record for crypto scams is in Eastern Europe

Russia, along with all countries in Eastern Europe, is also aware of crypto scams, according to a report by analyst firm Chainalysis, released last week.

According to the report, from July 2020 to June 2021, $ 815 million in crypto was sent from these countries to crypto crooks, or 0.5% of the total value sent and received in the region.

Not only that, more than half of that $ 815 million in crypto seems to have ended up in the infamous Russian Finiko system, which collapsed in July after scam about $ 1.5 billion worth of Bitcoin over two years.

Finiko was one of the largest crypto Ponzi schemes in history that promised investors returns in BTC and USDT of 30%. It was not until August 20 that the Moscow police managed to arrest Kirill Doronin, the founder of Finiko.




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