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Scams, Hacks & Breaches

Atomic Wallet Faces Backlash After ‘Updating Security Infrastructure’ Without Revealing Cause of $100,000,000 Hack

Atomic Wallet is facing pushback online after releasing a statement last week that avoided specifics regarding the massive theft of…

June 28, 2023

Ohio Man Ordered To Pay $54,000,000 in Penalties After CFTC Lays Charges for Alleged Crypto Scam

A federal court is ordering an Ohio man to pay $54 million in restitution and penalties after allegedly running a…

June 28, 2023

UK Citizen Sentenced to Multiple Years in Prison for Stealing $794,000 in Crypto During 2020 Twitter Hack

A UK citizen was recently sentenced to five years in prison in the US for committing a slew of cybercrimes,…

June 27, 2023

Disgraced Terra (LUNA) Founder Do Kwon Sentenced to Four Months in Prison by Montenegro Court

On Monday, a Montenegro court sentenced the disgraced Terra (LUNA) founder Do Kwon to four months in prison for attempting…

June 20, 2023

Bahamas Supreme Court Allows FTX Founder Sam Bankman-Fried To Contest Post-Extradition Charges

The Bahamas Supreme Court says Sam Bankman-Fried has the right to be heard before the island nation consents to some…

June 15, 2023

‘Cryptoqueen’ Accomplice Goes Missing While Under House Arrest Just Before Legal Proceedings: Report

The former advisor of ‘Cryptoqueen’ Ruja Ignatova has reportedly disappeared just before his extradition to the US to face trial…

June 12, 2023

Terra Founder Do Kwon Allegedly Moved $29,000,000 in Crypto Away From Luna Foundation Guard After Arrest: Report

Disgraced Terra (LUNA) founder Do Kwon reportedly relocated tens of millions of dollars worth of crypto away from a Luna…

June 10, 2023

U.S. Justice Department Charges Two Russian Nationals for Involvement in Infamous Mt. Gox Crypto Exchange Hack

The U.S. Department of Justice (DOJ) is charging two Russian nationals for their alleged involvement in the infamous hack of…

June 10, 2023

Former NFL Team Owner Sentenced to Six Years in Prison for Providing ‘Shadow Bank’ Services to Crypto Exchanges

The former owner of a National Football League (NFL) team has been sentenced to more than six years in prison…

June 7, 2023

Millions in Cardano (ADA) Will Be Stolen by Artificial Intelligence by This Time Next Year: Charles Hoskinson

Cardano (ADA) creator Charles Hoskinson warns that crypto scams will proliferate with the emergence of generative artificial intelligence (AI). Hoskinson…

June 7, 2023