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Scams, Hacks & Breaches

Hackers Recover $3,000,000 in Lost Bitcoin From 11-Year Old Wallet After Owner Lost Password: Report

Two hackers reportedly cracked the forgotten password of a digital wallet containing a treasure trove of Bitcoin (BTC). Wired reports…

May 30, 2024

Former FTX and Alameda Executive Ryan Salame Handed 90-Month Prison Sentence, Ordered To Pay Over $11,000,000

A US judge has sentenced Ryan Salame, one of the top executives of the collapsed crypto empire FTX, to 7.5…

May 30, 2024

Bank of America’s Wealth Management Division Leaks Names, Social Security Numbers of 1,883 Pension Plan Members

Bank of America's wealth management firm, Merrill, says an employee has accidentally leaked the personal data of 1,883 pension plan…

May 29, 2024

Feds Arrest Owner of $100,000,000 Dark Web Marketplace Using Crypto To Process Drug Transactions

US authorities have announced the arrest of the alleged mastermind of a notorious dark web marketplace that allowed users to…

May 27, 2024

Woman To Serve About Seven Years Behind Bars for Laundering Bitcoin Proceeds of $6,400,000,000 Fraud: Report

A Chinese woman charged for her role in laundering the proceeds of a multi-billion dollar fraud scheme is now reportedly…

May 26, 2024

$1,800,000,000,000 Bank Says Customer and Employee Data Has Been Exposed and Accessed in Mysterious Breach

One of the largest banks in the world says a data breach has exposed customer and employee information. In a…

May 25, 2024

FTX Paid More Than $25,000,000 in Hush Money to Whistleblowers, According to Court Examiner

The bankrupt crypto exchange FTX paid more than $25 million worth of hush money to whistleblowers before collapsing in November…

May 25, 2024

Bank Employee Steals $2,100,000 From Customers, Spawns Web of Unauthorized Transactions and Illicit Accounts: DOJ Indictment

The U.S. Department of Justice (DOJ) is accusing a bank employee of creating a web of unauthorized transactions and illegal…

May 24, 2024

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