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Scams, Hacks & Breaches

Gala Says Hacker Has Returned Over $20,000,000, Plans To Reimburse Users Affected by the Exploit

Blockchain-based gaming platform Gala (GALA) says it recovered over $20 million worth of crypto assets that were stolen during a…

May 23, 2024

Gala Co-Founder Confirms Hack, Says Security Incident Led to Unauthorized Sale of $21,000,000 Worth of Coins

The co-founder of Gala (GALA), Eric Schiermeyer, is revealing the genesis of an exploit that led to the loss of…

May 22, 2024

$300 Withdrawal at JPMorgan Chase Instantly Stolen at Bank Branch in Brooklyn: Report

Update: News 12 has modified its original article, removing a video clip from its newscast and changing the "$300,000" amount…

May 21, 2024

New York Man Arrested for Swindling $1,300,000 in Scheme Involving Fictitious Crypto Wallet

A New York man pled guilty to fraud charges last week after using various fake crypto and real estate schemes…

May 21, 2024

Canada’s ‘Crypto King’ Facing Multiple Years Behind Bars for Allegedly Running $30,475,000 Fraud: Report

Canadian authorities have arrested a 25-year-old man for allegedly masterminding a crypto Ponzi scheme that defrauded investors for over $30…

May 20, 2024

DOJ Charges Two Chinese Nationals for Allegedly Laundering Proceeds of $73,000,000 ‘Pig Butchering’ Crypto Scam

The U.S. Department of Justice (DOJ) is charging two Chinese nationals for allegedly running a pig butchering crypto scam and…

May 19, 2024

Wells Fargo Accused of ‘Aiding and Abetting’ Alleged $300,000,000 Ponzi Scheme With More Than 1,000 Victims: Report

A new lawsuit accuses Wells Fargo of monitoring "both sides" of an alleged $300 million Ponzi scheme and doing nothing…

May 19, 2024

$22,000 Disappears From JPMorgan Chase Account After Customer Reports Suspicious Activity – Now Bank Says Reimbursement Is Not Happening: Report

An Ohio family says a single phone call led to thousands of dollars being drained from their JPMorgan Chase bank…

May 17, 2024

Bank Executive Embezzles $1,528,321, Steals Customers’ Personal Information To Deploy False and Fictitious Loans: DOJ

A former bank executive is facing decades behind bars for abusing her position to embezzle more than a million dollars.…

May 17, 2024

Bank of America Blames Customers, Ignores Law, Denies Fraud Claims Without Any Explanation or Proof Whatsoever: New Class-Action Allegations

A Bank of America customer just launched a class-action lawsuit accusing the lender of illegally refusing to reimburse legitimate victims…

May 17, 2024