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Scams, Schemes and Hacks

Sam Bankman-Fried Won’t Pursue Post-Trial Motions After Fraud Conviction: Lawyers

Lawyers for Sam Bankman-Fried are not filing any post-trial motions after the disgraced FTX founder was convicted on seven criminal…

December 4, 2023

Gaming-Focused Ethereum (ETH) Sidechain Ronin Integrates Binance Pay To Enable Easier Wallet Funding

A gaming-focused Ethereum (ETH) sidechain is integrating with Binance Pay as a means of making wallet funding easier for consumers.…

December 2, 2023

Miami Fraudster Sentenced to 63 Months in Prison for Duping Banks out of $4,000,000 in Crypto Scheme

The ringleader of a Miami-based crew that defrauded banks out of millions of dollars has been sentenced to over five…

December 1, 2023

U.S. Government Enacts Sanctions on Crypto Mixer Sinbad Under Allegations of Aiding North Korean Money Laundering

The U.S. government is sanctioning another crypto mixing protocol, accusing it of aiding North Korea in laundering hundreds of millions…

November 29, 2023

Over $100,000,000 in Ethereum, Shiba Inu, Chainlink and Other Crypto Assets Drained From Justin Sun-Linked Firms

New data reveals that hundreds of millions of dollars worth of altcoins have been drained from firms linked to Tron…

November 25, 2023

Terra (LUNA) Founder Do Kwon’s Extradition to the US and South Korea Approved by Montenegro Court

The extradition of disgraced Terra (LUNA) founder Do Kwon to the US and South Korea has been approved by a…

November 25, 2023

Kyber Network Crystal Dips As KyberSwap DeFi Platform Drained $46,500,000 in Ethereum, Arbitrum and Other Assets

Decentralized finance (DeFi) platform KyberSwap has been hacked to the tune of tens of millions of dollars worth of virtual…

November 23, 2023

Mastercard Partners With Artificial Intelligence Firm To Combat Crypto Fraud

Payments giant Mastercard is partnering with an artificial intelligence (AI) firm to combat crypto fraud. Mastercard plans to integrate its…

November 21, 2023

$225,000,000 in USDT Frozen by Tether Following Investigation Into International Crime Syndicate

The firm behind USDT has voluntarily frozen over $200 million worth of stablecoins to assist the U.S. Department of Justice (DOJ).…

November 20, 2023

Ethereum-Based Decentralized Exchange dYdX Suffers $9,000,000 Loss in an Alleged ‘Market Manipulation Attempt’

An Ethereum-based (ETH) decentralized exchange (DEX) has suffered millions of dollars in losses after an alleged market manipulation attempt by…

November 20, 2023