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Scams, Hacks & Breaches

Binance CEO Changpeng Zhao Lists Five Classic Red Flags in Crypto Projects Amid FTX Collapse

Binance CEO Changpeng Zhao is warning people after FTX’s collapse to avoid crypto projects that are displaying five key red…

November 12, 2022

FTX Says It’s Been Hacked As $383,000,000 in Crypto Appears To Exit Crumbling Exchange

The crumbling crypto exchange FTX says it's been hacked. As a flood of users began reporting sudden $0 balances and…

November 11, 2022

U.S. Treasury Department Connects Lazarus Group and Tornado Cash to North Korean Nuclear Weapons Programs

The U.S Treasury Department is redesignating the sanction it imposed against crypto mixing service Tornado Cash earlier this year due…

November 9, 2022

IRS Building Hundreds of Crypto Tax Evasion Cases, Says Agency’s Criminal Chief: Report

The U.S. Internal Revenue Service’s (IRS) criminal chief says that the agency is reportedly building hundreds of crypto tax evasion…

November 7, 2022

U.S. SEC Charges Four Individuals Behind Alleged $295,000,000 Crypto Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) is bringing charges against four individuals the regulator claims propped up a $295…

November 5, 2022

Scam Artists Used Ethereum 2.0 Merge To Steal $1,200,000 in Crypto, According to Chainalysis

Blockchain analysis firm Chainalysis says scam artists stole $1.2 million worth of Ethereum (ETH) during the project's merge to proof-of-stake.…

November 4, 2022

Crypto Exchange Deribit Suffers Hack, $28,000,000 in Bitcoin, Ethereum and USDC Vanish After Wallets Compromised

A crypto exchange platform has been hacked to the tune of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH),…

November 2, 2022

Crypto Hackers Strike DeFi Liquidity Locking Project With $14,500,000 Exploit

The liquidity locking project Team Finance says crypto hackers made off with $14.5 million in digital asset tokens. Team Finance…

October 28, 2022

Changpeng Zhao Says Binance Zeroing In on Identity of Hacker Behind $570,000,000 Exploit

Binance CEO Changpeng Zhao says that the crypto exchange is making progress on identifying those responsible for the theft of…

October 26, 2022

Former Head of Crypto Exchange Bithumb Charged With Eight Years in Prison for Alleged $70,000,000 Fraud: Report

South Korean prosecutors are charging the former head of a major crypto exchange with fraud worth nearly $70 million. According…

October 25, 2022