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Scams, Hacks & Breaches

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

Orbit Hacker Sends $32,000,000 Worth of Ethereum (ETH) to Tornado Cash: On-Chain Data

The hacker who attacked the decentralized cross-chain protocol Orbit Bridge in December is beginning to move the stolen crypto. The…

June 11, 2024