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Scams, Hacks & Breaches

US Banking Giant Accused of Refusing To Reimburse Customers, Denying Millions of Dollars in Fraud Claims ‘Without Any Explanation Whatsoever’

A new class-action lawsuit accuses one of the largest banks in the US of failing to properly investigate and handle…

June 22, 2024

Mexican Drug Cartels Use Bitcoin, Ethereum, Monero and USDT To Acquire Key Fentanyl Ingredients: US Regulators

Drug cartels in Mexico used Bitcoin (BTC), Ethereum (ETH) and other top crypto assets to purchase key ingredients for making…

June 21, 2024

Blockchain Security Firm Certik Returns $3,000,000 in Exploited Funds to Crypto Exchange Kraken

A digital asset security research firm has returned $3 million in funds to crypto exchange Kraken after an unusual saga…

June 20, 2024

Kraken Security Officer Says Black Hat Entity Exploited Exchange for $3,000,000 Upon Finding ‘Isolated Bug’ in Code

A Kraken executive says that a black hat entity stole $3 million from the firm after finding a bug in…

June 19, 2024

Binance Co-Founder Asks Elon Musk To Address Crypto Scams on X After Her Followers Get Hit With Wallet Drainer

The co-founder of Binance is asking billionaire Elon Musk, who owns the social media platform X, to address the crypto…

June 17, 2024

$526,714,000,000 Bank Reveals Data Breach As Hacker Claims Personal Information of 65,000 Account Holders For Sale: Report

One of the largest banks in the US says it has suffered a security breach as a notorious hacker claims…

June 15, 2024

New York Attorney General Reaches $50,000,000 Settlement With Crypto Exchange Gemini Over Fraud Allegations

New York Attorney General Letitia James is settling with crypto exchange Gemini over fraud allegations for $50 million. In a…

June 15, 2024

US Government Seizes $5,254,133 in JPMorgan Chase Bank Accounts, Alleges Funds Stolen in Sophisticated Scheme

The US Government has seized $5.25 million in six bank accounts at JPMorgan Chase, alleging the funds are the proceeds…

June 14, 2024

$24,315 Drained From Customers’ Bank Accounts After Employee at Major US Lender Goes Rogue: FDIC Report

The Federal Deposit Insurance Corporation (FDIC) says a former US bank employee has admitted to stealing thousands of dollars from…

June 13, 2024

Ethereum-Based DeFi Platform UwU Lend Loses $23,000,000 in Exploit, Says It Has Made an Offer to the Hacker

Ethereum (ETH)-based decentralized finance (DeFi) protocol UwU Lend just suffered a security breach that siphoned $23 million worth of crypto…

June 13, 2024