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Scams, Hacks & Breaches

Man Behind $4,500,000,000 Bitfinex Hack Turns Into Federal Witness in Money Laundering Trial

The infamous hacker who orchestrated the massive 2016 exploit of the crypto exchange Bitfinex has reportedly turned into a government…

February 29, 2024

Sam Bankman-Fried’s Lawyers Push for Maximum 78-Month Sentence, Say Recommended 100 Years Is ‘Grotesque’

Sam Bankman-Fried's legal team is seeking a lighter-than-recommended sentence for the convicted founder of the bankrupt crypto exchange platform FTX.…

February 29, 2024

MicroStrategy’s X Account Compromised As About $440,000 Worth of Crypto Stolen From Malicious Post

A hacker commandeered MicroStrategy's social media account and stole hundreds of thousands of dollars worth of crypto assets by promoting…

February 27, 2024

Apple iOS Trojan Allows Hackers To Access Bank Accounts, Security Researchers Warn – Here’s How It Works

Security researchers say they're tracking a new Apple iOS trojan that's designed to give criminals access to victims' bank accounts.…

February 25, 2024

JPMorgan Chase Customer Furious After $49,500 Drained From Bank Account – Victim Says Trillion-Dollar Lender Was Alerted Immediately, Failed Miserably

A JPMorgan Chase customer who watched tens of thousands of dollars exit her account says she's more upset with the…

February 24, 2024

US Government Sanctions Two Russian Nationals’ Crypto Wallets Related to Ransomeware Group LockBit

The US government is sanctioning the crypto wallets believed to belong to two Russian nationals linked to the ransomware group…

February 21, 2024

Do Kwon Will Be Extradited to United States Following Montenegro Court Ruling: Report

Do Kwon, former crypto billionaire and founder of the Terra (LUNA) ecosystem, will be sent to the United States to…

February 21, 2024

FTX Creditors Hit Crypto Exchange’s Legal Counsel With Lawsuit Over Fraud and Civil Conspiracy Allegations

Creditors of bankrupt crypto exchange FTX have filed a class-action lawsuit against a global law firm providing legal counsel to…

February 19, 2024

Bank of America Suffers Massive Data Breach, Exposing Social Security Numbers, Addresses and Additional Sensitive Data To Hackers

Tens of thousands of Bank of America customers are now at risk of being targeted for identity fraud after a…

February 17, 2024

Crypto Money Laundering on Cross-Chain Bridges Surges 138% Year-on-Year in 2023, According to Chainalysis

Cybercriminals are turning to cross-chain bridges to move illicit funds, according to market intelligence platform Chainalysis. Cross-chain bridges enable users…

February 16, 2024