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Scams, Hacks & Breaches

Biden Administration Reveals Push To Expand Crypto Tracking and Analysis, Combat Ransomware

The US government is beefing up its crypto tracking and analysis capabilities to fight ransomware attacks that utilize digital assets…

June 4, 2021

Millions Laundered Through Crypto Money Services Operation Triggers Prison Sentence

A California man will spend time behind bars for a Bitcoin money-laundering operation, after being nabbed by undercover agents. Kais…

June 2, 2021

SEC Charges Five People Linked to 2017 BitConnect Lending Program

The U.S. Security Exchange Commission (SEC) is filing charges against five individuals linked to the BitConnect high-yield investment program. According…

May 31, 2021

Swindlers Pretending To Be Federal Officials Soliciting Americans’ Bitcoin Wallets

The U.S. Office of the Comptroller of the Currency (OCC) is warning consumers that internet scammers have taken up the…

May 24, 2021

Ransomware Attackers Have Already Siphoned $81,000,000 in Crypto This Year: Chainalysis

Ransomware attackers have already siphoned tens of millions of dollars in crypto this year, according to the blockchain analytics firm…

May 18, 2021

DeFi Startup Votes To Fully Reimburse Hack Victims With $26,000,000 Allocation

Decentralized finance (DeFi) startup Rari Capital has voted to allocate roughly $26 million in reimbursements following a hack that cost…

May 11, 2021

DeFi Startup Rari Capital Reveals Details Behind Hack That Cost $10 Million in Losses

Decentralized finance (DeFi) startup Rari Capital is revealing the details behind the attack that cost 2,600 ETH, or roughly $10…

May 10, 2021

Chinese Crypto Exchange Paralyzed After Suffering Serious Cyber Attack

Hotbit is temporarily shutting down following a cyber attack that paralyzed a number of its central services.  In a statement,…

May 2, 2021

FBI Arrests Man Accused of Running $335,000,000 Bitcoin Money Laundering Service

FBI agents have arrested Roman Sterlingov, the alleged principal operator of Bitcoin Fog, a website that offers Bitcoin (BTC) "tumbler"…

April 29, 2021

Crypto Scam, Frozen Assets and Missing CEO Lead to Raids in Turkey

Reports indicate that a Turkish crypto exchange used the popular cryptocurrency Dogecoin as bait to lure investors into a fraudulent…

April 23, 2021