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Scams, Hacks & Breaches

Former CFO Indicted After Allegedly Losing $35,000,000 of His Employer’s Cash on Secret Crypto Investment

A former chief financial officer (CFO) was indicted on Wednesday after he allegedly funneled $35 million worth of his employer's…

May 19, 2023

Crypto Hacks and Cyberattacks Fund About 50% of North Korea’s Missile Program: Report

A White House official has reportedly said that cryptocurrency theft and cyberattacks provide for about half of North Korea’s missile…

May 15, 2023

Five Years After CEO’s Sudden Death, Victims of QuadrigaCX Collapse To Receive 13% of Lost Funds

QuadrigaCX users who suffered losses following the collapse of what was once Canada’s largest crypto exchange will now be receiving…

May 14, 2023

Embattled Terra (LUNA) Founder Do Kwon Placed Under House Arrest in Montenegro After Posting $435,000 Bail

Troubled Terra (LUNA) founder Do Kwon is being placed under house arrest in Montenegro after posting bail. According to a…

May 12, 2023

U.S. Justice Department Extradites Notorious Twitter Hacker and Alleged Crypto Thief From UK

A U.K. hacker who caused a stir in 2020 and stole hundreds of thousands of dollars worth of crypto is…

May 11, 2023

Ex-Coinbase Executive Slapped With Two-Year Prison Sentence on Crypto Asset Insider Trading Charges

The former Coinbase product manager who was charged in the first-ever cryptocurrency insider trading case in the US has been…

May 11, 2023

Republican Senator John Kennedy Calls Banks Sophisticated Ponzi Schemes

A Republican senator says that advancements in technology is exposing the fragility of the US banking system. In a new…

May 7, 2023

Prosecutors Seek To Extradite Embattled Terra Founder Do Kwon to South Korea: Report

South Korean authorities are looking to extradite embattled Terra (LUNA) founder Do Kwon months after he was found in the…

May 5, 2023

SEC Hits Crypto Exchange Coinme With $4,000,000 in Fines for Alleged Securities Fraud

The U.S. Securities and Exchange Commission (SEC) is settling securities fraud allegations levied against the Seattle-based company Coinme Inc. for…

May 2, 2023

Former FTX.US President Brett Harrison Speaks on FTX’s Collapse, Says More Can Be Done To Prevent Next Disaster

Former FTX.US president Brett Harrison says the collapse of the exchange he once worked for offers some lessons on how…

April 27, 2023