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Scams, Hacks & Breaches

8,100 Banks and Financial Institutions Brace for Fallout As Hackers Reveal Major Data Breach on Dark Web: Report

Thousands of banks and financial institutions around the world are bracing for new developments on a third-party data breach. The…

November 23, 2024

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ

The Department of Justice (DOJ) recently unsealed charges against five alleged scammers for running a crypto phishing scam that cost…

November 22, 2024

Bankrupt Crypto Exchange FTX Set To Begin Paying Creditors and Customers in Early 2025, Says CEO

The CEO of fallen crypto exchange FTX says the firm will begin distributing its bankruptcy payments soon. In a statement,…

November 22, 2024

Former FTX Executive Gary Wang Avoids Prison Time After Building Crypto Surveillance Tools for Government: Report

The former chief technology officer of disgraced crypto exchange FTX is dodging prison time by cooperating with the US government.…

November 20, 2024

Alleged Corrupt Los Angeles Police Officers Implicated in Crypto ‘Godfather’ Extortion Scheme

The founder of a crypto trading platform allegedly relied on corrupt Los Angeles Sheriff's Department (LASD) deputies to facilitate extortion…

November 19, 2024

BTC Launderer Given ‘Lenient’ Three-Year Prison Sentence for Assisting With Bitcoin Fog Case: Report

A man who laundered millions of dollars worth of Bitcoin (BTC) has been sentenced to three years in prison after…

November 17, 2024

Nearly One-Third of All Customers at US Banks Have Experienced Fraud in Last 12 Months: Study

A massive chunk of all US banking customers have recently experienced some type of fraud on their accounts, according to…

November 16, 2024

$500,000 Drained From American Bank Accounts As Insider Allegedly Steals Customers’ Sensitive Information, Sells Trove To Accomplices on Telegram: Manhattan District Attorney

An employee at US banking giant has been indicted, accused of stealing sensitive information from the lender’s customers and sharing…

November 16, 2024

Infamous Crypto Hacker Behind Nearly $11,000,000,000 Bitfinex Exploit Sentenced to Five Years in Prison

The notorious hacker behind the massive $10.934 billion exploit of crypto exchange Bitfinex is being sentenced to five years in…

November 16, 2024

Six US Banks Issue Urgent Debit Card Alerts, Forcing Mandatory Replacements for Many, After Third-Party Security Breach

Six US banks are reporting potential security breaches of debit cards, with several forcing affected customers to get replacements. In…

November 15, 2024