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Scams, Schemes and Hacks

Prosecutors Seek To Extradite Embattled Terra Founder Do Kwon to South Korea: Report

South Korean authorities are looking to extradite embattled Terra (LUNA) founder Do Kwon months after he was found in the…

May 5, 2023

SEC Hits Crypto Exchange Coinme With $4,000,000 in Fines for Alleged Securities Fraud

The U.S. Securities and Exchange Commission (SEC) is settling securities fraud allegations levied against the Seattle-based company Coinme Inc. for…

May 2, 2023

Former FTX.US President Brett Harrison Speaks on FTX’s Collapse, Says More Can Be Done To Prevent Next Disaster

Former FTX.US president Brett Harrison says the collapse of the exchange he once worked for offers some lessons on how…

April 27, 2023

Trust Wallet Issues Alert After Suffering Exploit, Says Reimbursement Plans Now in Order

Popular crypto wallet Trust Wallet has responded to a vulnerability in its product that led to $170,000 in user losses.…

April 24, 2023

Montenegro Prosecutors Slap Disgraced Terra (LUNA) Founder Do Kwon With Forgery Charges: Report

Disgraced crypto entrepreneur Do Kwon is embroiled in new legal trouble as authorities in Montenegro formally charged him with a…

April 21, 2023

$8,900,000 Safemoon Hacker To Receive 20% of Stolen Binance Coin (BNB) and Immunity From Prosecution in New Deal

SafeMoon (SFM) has cut a deal with the hacker who reportedly exploited the company's liquidity pool last month. SafeMoon, a…

April 20, 2023

MetaMask Says Recent Hacking of Ethereum Wallets Has Nothing To Do With Its Wallet Software

Prominent crypto wallet MetaMask is addressing recent reports of Ethereum (ETH) wallets being hacked for millions of dollars, saying that…

April 19, 2023

Silk Road Hacker Who Once Held Over $3,000,000,000 in BTC Sentenced to Prison by Feds 11 Years Later

A hacker once in possession of 50,000 Bitcoin (BTC) stolen from the internet marketplace Silk Road is being sentenced to…

April 17, 2023

22,550,000,000 Shiba Inu and Other Crypto Assets Stolen From Bitrue Exchange in Massive Hack: PeckShield

Tens of billions of Shiba Inu (SHIB) tokens and other digital assets have been stolen from crypto exchange Bitrue in…

April 15, 2023

Man Charged in Coinbase Insider-Trading Scheme To Pay the US Exchange $469,525.50 in Restitution

One of the perpetrators in the first-ever crypto insider trading case is required to pay digital asset exchange Coinbase in…

April 13, 2023