Get the scoop on finance - sign up for mobile alerts

Scams, Hacks & Breaches

U.S. Government Enacts Sanctions on Crypto Mixer Sinbad Under Allegations of Aiding North Korean Money Laundering

The U.S. government is sanctioning another crypto mixing protocol, accusing it of aiding North Korea in laundering hundreds of millions…

November 29, 2023

Over $100,000,000 in Ethereum, Shiba Inu, Chainlink and Other Crypto Assets Drained From Justin Sun-Linked Firms

New data reveals that hundreds of millions of dollars worth of altcoins have been drained from firms linked to Tron…

November 25, 2023

Terra (LUNA) Founder Do Kwon’s Extradition to the US and South Korea Approved by Montenegro Court

The extradition of disgraced Terra (LUNA) founder Do Kwon to the US and South Korea has been approved by a…

November 25, 2023

Kyber Network Crystal Dips As KyberSwap DeFi Platform Drained $46,500,000 in Ethereum, Arbitrum and Other Assets

Decentralized finance (DeFi) platform KyberSwap has been hacked to the tune of tens of millions of dollars worth of virtual…

November 23, 2023

Mastercard Partners With Artificial Intelligence Firm To Combat Crypto Fraud

Payments giant Mastercard is partnering with an artificial intelligence (AI) firm to combat crypto fraud. Mastercard plans to integrate its…

November 21, 2023

$225,000,000 in USDT Frozen by Tether Following Investigation Into International Crime Syndicate

The firm behind USDT has voluntarily frozen over $200 million worth of stablecoins to assist the U.S. Department of Justice (DOJ).…

November 20, 2023

Ethereum-Based Decentralized Exchange dYdX Suffers $9,000,000 Loss in an Alleged ‘Market Manipulation Attempt’

An Ethereum-based (ETH) decentralized exchange (DEX) has suffered millions of dollars in losses after an alleged market manipulation attempt by…

November 20, 2023

JPMorgan Chase Rejects Customer After $11,000 Stolen From Bank Account, Victim Says Money ‘Almost Safer in My Pocket’

JPMorgan Chase says news that a scammer stole $11,000 from a retired postal worker's account is heartbreaking – but the…

November 17, 2023

US Feds Arrest Three Men for Allegedly Duping Banks out of $10,000,000 and Funneling Cash to Crypto Exchanges

Federal law enforcement authorities have arrested three men accused of scamming millions from US banks and financial institutions and then…

November 17, 2023

Former FTX Employee Sues Bankrupt Crypto Exchange Seeking $275,000 in Unpaid Bonus: Court Docs

A former FTX employee who was hired to work with the fallen crypto empire’s charity wing is taking legal action…

November 16, 2023