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Scams, Hacks & Breaches

Former FTX Executive Gary Wang Avoids Prison Time After Building Crypto Surveillance Tools for Government: Report

The former chief technology officer of disgraced crypto exchange FTX is dodging prison time by cooperating with the US government.…

November 20, 2024

Alleged Corrupt Los Angeles Police Officers Implicated in Crypto ‘Godfather’ Extortion Scheme

The founder of a crypto trading platform allegedly relied on corrupt Los Angeles Sheriff's Department (LASD) deputies to facilitate extortion…

November 19, 2024

BTC Launderer Given ‘Lenient’ Three-Year Prison Sentence for Assisting With Bitcoin Fog Case: Report

A man who laundered millions of dollars worth of Bitcoin (BTC) has been sentenced to three years in prison after…

November 17, 2024

Nearly One-Third of All Customers at US Banks Have Experienced Fraud in Last 12 Months: Study

A massive chunk of all US banking customers have recently experienced some type of fraud on their accounts, according to…

November 16, 2024

$500,000 Drained From American Bank Accounts As Insider Allegedly Steals Customers’ Sensitive Information, Sells Trove To Accomplices on Telegram: Manhattan District Attorney

An employee at US banking giant has been indicted, accused of stealing sensitive information from the lender’s customers and sharing…

November 16, 2024

Infamous Crypto Hacker Behind Nearly $11,000,000,000 Bitfinex Exploit Sentenced to Five Years in Prison

The notorious hacker behind the massive $10.934 billion exploit of crypto exchange Bitfinex is being sentenced to five years in…

November 16, 2024

Six US Banks Issue Urgent Debit Card Alerts, Forcing Mandatory Replacements for Many, After Third-Party Security Breach

Six US banks are reporting potential security breaches of debit cards, with several forcing affected customers to get replacements. In…

November 15, 2024

Crypto YouTuber Among Those Arrested for Allegedly Running $231,000,000 Fraud in Korea: Report

South Korean authorities have reportedly arrested 215 individuals who are allegedly behind a cryptocurrency investment scam that defrauded thousands of…

November 14, 2024

Man Set Up and Extorted of $500,000 Worth of USDT by Criminals in Hotel Room: Report

A Ukrainian man reportedly lost $500,000 worth of USDT after being set up for a robbery in a Thailand hotel…

November 13, 2024

Founder of Security Firm SlowMist Warns Against Copy-and-Pasting Sensitive Crypto Information

The founder of the blockchain security firm SlowMist is urging crypto traders to be wary of copy-and-pasting sensitive information. The…

November 12, 2024