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Scams, Hacks & Breaches

Sam Bankman-Fried Says Alameda Did Not Hedge After $30,000,000,000 Drop in Assets: Report

The disgraced founder of crypto exchange FTX Sam Bankman-Fried reportedly says that Alameda Research did not attempt to hedge after…

October 29, 2023

US Treasury Deputy Secretary Says Vast Majority of Terror Group Financing Does Not Come From Crypto

The Deputy Secretary of the US Treasury says cryptocurrencies do not account for the lion's share of terror group financing. …

October 29, 2023

Blockchain Analysis Firm Elliptic Says There Is ‘No Evidence’ Hamas Has Raised Significant Crypto Donations

A blockchain analysis firm that specializes in preventing crypto crimes is refuting claims that the Palestinian militant group Hamas raised…

October 27, 2023

Former FTX CEO Sam Bankman-Fried Decides To Testify in Court After Damning Testimonies From Colleagues: Report

Former FTX chief executive Sam Bankman-Fried has reportedly decided to testify in court after his colleagues took the witness stand…

October 25, 2023

FBI Takes Down $15,000,000 Unlicensed Crypto-to-Fiat Transmitting Operation in New York State: Report

The Federal Bureau of Investigation (FBI) has reportedly busted a group of Indian nationals who allegedly operated an unlicensed business…

October 22, 2023

Atomic Wallet Freezes $2,000,000 on Crypto Exchanges After Hackers Steal $100,000,000 in June

Atomic Wallet says it has frozen $2 million worth of crypto on centralized exchanges after hackers plundered more than $100…

October 20, 2023

Fantom Foundation Hacked for Over $7,000,000 Worth of Ethereum (ETH) and FTM: Report

The foundation behind the Ethereum (ETH) rival Fantom (FTM) just suffered a major exploit, according to blockchain security experts. According…

October 17, 2023

Silk Road Hacker Accidentally Showed Feds $70,000,000 Worth of Bitcoin on His Laptop Before Being Arrested: Report

Police body cam footage shows the Silk Road hacker opening up a laptop with thousands of Bitcoin (BTC) on it…

October 17, 2023

An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

A pair of lawyers unaffiliated with Sam Bankman-Fried or FTX are weighing in on the possibility of the former CEO…

October 16, 2023

Ex-CEO Pleads Guilty to Defrauding Investors With ‘Cherry-Picking’ Scheme Involving Crypto Futures Contracts

The former CEO of an investment firm marketed as offering algorithmic trading strategies involving crypto futures contracts is pleading guilty…

October 13, 2023