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Scams, Schemes and Hacks

Ex-Coinbase Executive and His Brother Reach Settlement With SEC on Crypto Insider-Trading Charges

Former Coinbase product manager Ishan Wahi and his brother, Nikhil Wahi, just reached an agreement with the U.S. Securities and…

June 1, 2023

FBI Issues Warning to Americans, Says Fake Job Advertisements Force Victims to Commit Crypto Scams

The Federal Bureau of Investigation (FBI) is issuing a warning to Americans about fake job advertisements that harass applicants into…

May 29, 2023

Bad Actors Hack Twitter Account of the Sandbox CEO, Posts Fake Airdrop of SAND Tokens

The CEO and co-founder of the popular blockchain-based metaverse platform The Sandbox (SAND) just fell victim to bad actors who…

May 28, 2023

Russian Man Faces Over 20 Years Behind Bars for Alleged Participation in $200 Million Global Ransomware Campaigns

The U.S. Department of Justice (DOJ) has indicted a Russian man who allegedly participated in deploying multiple ransomware schemes in…

May 23, 2023

Nevada Man Faces Decades in Prison After Feds Charge Him in Alleged $45,000,000 Crypto Scheme

A Nevada man is facing time behind bars for his alleged role in the multi-million-dollar CoinDeal investment scheme. According to…

May 21, 2023

Terra (LUNA) Creator Do Kwon’s Bail Conditions Appealed by Prosecutors: Report

Embattled Terra (LUNA) founder Do Kwon is reportedly having his bail conditions appealed by Montenegrin prosecutors. According to a new…

May 21, 2023

Arbitrum DEX Burns Investors With $3,000,000 Rug Pull Scam, According to Blockchain Security Firm

A decentralized exchange (DEX) built on Arbitrum (ARB) burned its investors and made off with $3 million worth of crypto,…

May 20, 2023

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