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Scams, Hacks & Breaches

‘Phantom Hacker’ Drains $20,000 From Bank of America Account – Now the Bank Refuses To Reimburse: Report

Bank of America says a customer is out of luck after a "phantom hacker" drained $20,000 from her account. Chicago-based…

January 17, 2025

Chainalysis Acquires AI Fraud Detection Firm That Has Teamed Up With Binance and Coinbase

Blockchain data analysis firm Chainalysis has acquired Alterya, a fraud detection solution powered by artificial intelligence (AI). The AI solution…

January 15, 2025

$9,317,156,860 Worth of Seized Bitcoin To Be Returned to Bitfinex, Says US Government in New Court Order

The Bitcoin (BTC) that was stolen from crypto exchange Bitfinex in 2016 and subsequently seized by the US government in…

January 15, 2025

New York Attorney General Freezes $2,200,000 Worth of Crypto Stolen From Victims Across the US in ‘Cruel’ Scam

New York Attorney General Letitia James recently froze $2.2 million worth of crypto allegedly plundered in an employment scam. James…

January 14, 2025

Scammer Briefly Hacks Litecoin’s X Account, Promotes Fake LTC Coins Based on Solana (SOL)

A hacker briefly gained access to Litecoin's X social media account to fraudulently promote that LTC is now available on…

January 13, 2025

Judge Schedules Do Kwon’s Criminal Trial for Early 2026 Weeks After Successful Extradition to US: Report

Disgraced Terraform Labs co-founder Do Kwon will reportedly face trial in the US early next year. Bloomberg reports that New…

January 13, 2025

Crypto Founder Pleads Guilty to $9,400,000 Ponzi Scheme That Defrauded Thousands of Investors

The CEO and co-founder of purported cryptocurrency investment firm Wolf Capital just pleaded guilty to his role in a Ponzi…

January 12, 2025

$2,000,000 Drained From Customers’ Bank Accounts in Just 8 Days, Says Financial Giant, Warning Scammers Trigger Fraudulent Transfers Like Clockwork

A trillion-dollar banking giant says its customers lost about $2 million to fraud in a span of just eight days.…

January 11, 2025

Police Allowed To Freeze Bank Accounts As New ‘Last Resort’ Law Targets Scammers – Here’s Where It’s Happening

One of the world's largest financial hubs just passed a law giving police the authority to freeze citizens' bank accounts.…

January 11, 2025

T-Mobile Sued Over Massive Data Breach That Leaked Sensitive Info on 79,000,000 Americans

A new lawsuit targets T-Mobile for allegedly failing to fix longstanding cybersecurity issues that led to a massive data breach…

January 10, 2025