Get the scoop on finance - sign up for mobile alerts

Scams, Hacks & Breaches

$735,000 To Be Handed Out After Billion-Dollar Firm Allegedly Froze Bank Accounts, Forced Customers To Pay ‘Outrageous’ Fees

A billion-dollar fintech firm is preparing to send a total of $735,000 to tens of thousands of customers in a…

February 7, 2025

Bank of America Sued for Allegedly Short-Changing Customers With ‘Bait and Switch’ Credit Card Tactics

A group of Bank of America customers are joining together to sue the US financial giant. A proposed class action…

February 6, 2025

Young Hacker Used ‘Glitch’ To Steal $48,800,000 in Crypto From Trading Platform KyberSwap, Allege Feds

A young Canadian hacker is now wanted after allegedly exploiting a "glitch" to loot $48.8 million in crypto from the…

February 5, 2025

Social Engineering Scams Costing Coinbase Users $300,000,000+ per Year: On-Chain Analyst

A pseudonymous on-chain investigator is saying that Coinbase users lose millions of dollars annually to social engineering scams on the…

February 5, 2025

Bank Employee Allegedly Drains $2,300,000 From Bank Accounts in Massive Fraud Scheme: Report

A former bank employee is facing a slew of charges after being accused of lifting millions of dollars from the…

February 4, 2025

Billion-Dollar Bank Allegedly Loses $15,500,000 To Criminals in ‘Shocking’ Display of Incompetence and Negligence: Report

A New York-based bank is reportedly facing a new lawsuit after thieves allegedly looted $15.5 million from an account that…

February 1, 2025

Billion-Dollar Bank Says Account Numbers, Names and Other Sensitive Info Exposed As Insider Triggers New Data Breach

The tenth-largest bank in the US by total assets just disclosed a new cybersecurity incident that's affecting customers’ data. In…

February 1, 2025

US Senators Accuse JPMorgan Chase, Bank of America, Wells Fargo, Citibank, US Bank, PNC and Truist of ‘Profiteering,’ Raking In $1,000,000,000,000 in Record Profits While Paying Savers Peanuts

Two US lawmakers are accusing seven of the largest American banks by total assets of failing to pass the benefits…

January 31, 2025

Sam Bankman-Fried’s Parents Seeking Pardon for Imprisoned Son, in Talks With People Connected to Trump: Report

The parents of former crypto golden boy Sam Bankman-Fried are reportedly taking steps to obtain US President Donald Trump’s pardon for…

January 31, 2025

Hacker Steals $29,000,000 Worth of SUI From Unsuspecting Victim: On-Chain Investigation

A recent on-chain investigation indicates a hacker plundered $29 million worth of the Solana (SOL) rival Sui (SUI) from a…

January 28, 2025