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Scams, Schemes and Hacks

Trio Involved in Crypto Fraud Sentenced to Prison, Ordered To Forfeit $100,000,000 in Bitcoin and Other Assets

Three of the perpetrators behind the AirBit Club cryptocurrency Ponzi scheme are now facing jail time and forfeiture of millions…

October 5, 2023

US Government, Binance and Thai Police Take Down ‘Pig Butchering’ Ring As $277,000,000 Seized From Scammers

The US government, Thai police, and the world’s largest crypto exchange platform by volume just toppled a multi-million-dollar crypto scam.…

October 3, 2023

Sam Bankman-Fried’s Lawyers Push To Block FTX Investors and Insiders From Testifying As Jury Selection Starts

Sam Bankman-Fried's legal team is attempting to block certain investors and insiders from testifying at the crypto outcast's highly publicized…

October 3, 2023

$889,260,000 in Crypto Lost to Hacks, Scams and Rug Pulls in Q3 of 2023, According to Blockchain Security Firm

Web3 security company Beosin EagleEye says that there was a drastic increase in illicit crypto activities during the third quarter…

October 3, 2023

More Than $892,000,000 Lost in Exploits Involving Oracle Networks, According to New Binance Research

A new report from Binance Research says exploits related to oracle networks have caused nearly a billion dollars worth of…

October 2, 2023

FTX Hacker Holding $300,000,000 in Crypto Suddenly Moves Millions Worth of Assets: On-Chain Data

A bad actor who hacked the infamous crypto exchange FTX as it was collapsing is abruptly moving millions of dollars…

October 1, 2023

Judge Shoots Down Disgraced FTX Founder Sam Bankman-Fried’s New Request for Pre-Trial Prison Release

A U.S. district judge has once again shot down Sam Bankman-Fried's request to be temporarily released from prison before his…

September 29, 2023

North Korean Hackers Lazarus Group Holds Over $46,000,000 in Bitcoin, Ethereum and Other Crypto: On-Chain Data

The North Korean hacker collective the Lazarus Group holds tens of millions of dollars worth of Bitcoin (BTC) and other…

September 27, 2023

Justin Sun Offers 5% Reward for Hackers That Stole $8,000,000 From Crypto Exchange HTX

Tron (TRX) founder Justin Sun says he'll offer a 5% reward if the hackers who stole nearly $8 million worth…

September 27, 2023

British Man Reveals $2,100,000 Loss From Downfall of Crypto Exchange FTX: Report

One British man reportedly lost millions of dollars when the now-defunct crypto exchange FTX imploded in November. According to a…

September 26, 2023