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Scams, Schemes and Hacks

Sam Bankman-Fried’s FTX/Alameda Empire Faced Turbulence Years Before Implosion

A new report claims Sam Bankman-Fried’s financial crypto empire faced troubles years before the FTX exchange collapse. According to the…

January 4, 2023

Coinbase Reaches Massive Settlement With Regulator After Someone Pulls Off $150,000,000 Fraud Through Exchange

Top US-based crypto exchange Coinbase has reached a settlement with regulators after bad actors stole $150 million using the platform.…

January 4, 2023

Bitcoin Core Developer’s BTC Stash Stolen, Binance CEO Promises To Freeze Hacker’s Wallet if Tracked

A hacker has reportedly stolen a Bitcoin (BTC) Core developer's stash of the king crypto worth at least $3.6 million.…

January 3, 2023

Sam Bankman-Fried Will Plead Not Guilty to Fraud Charges, Faces 115 Years if Convicted: Report

FTX founder Sam Bankman-Fried will reportedly plead not guilty to fraud charges relating to the collapse of the crypto exchange…

January 2, 2023

Privacy of 100,000 Crypto Traders Compromised As Trading Bot Firm Confirms Hack After Warning From Changpeng Zhao

Crypto trading bot 3Commas is confirming allegations that its platform has been compromised and user data was leaked. 3Commas CEO…

December 30, 2022

North Korean Hackers Are Posing As Venture Capitalists To Steal Crypto Assets: Security Firm

A unit of the North Korean state-sponsored hacker Lazarus Group is impersonating financial and investment firms to steal crypto assets.…

December 29, 2022

Crypto Trader Involved in $110,000,000 Exploit Arrested for Alleged Commodities Fraud and Manipulation

The crypto trader behind the $110 million exploit of the Solana (SOL)-based decentralized finance (DeFi) trading platform Mango Markets is…

December 29, 2022

Crypto Exchange Gemini and Winklevoss Brothers Hit With Class Action Fraud Lawsuit Over Earn Product: Report

Crypto exchange Gemini is reportedly being hit with a class action lawsuit along with its founders for allegedly selling unregistered…

December 28, 2022

DOJ Investigating $372,000,000 That Disappeared From FTX Shortly After Bankruptcy: Report

The U.S. Department of Justice (DOJ) is reportedly investigating a $372 million hack on the bankrupt crypto exchange FTX. Bloomberg…

December 28, 2022

Over $8,000,000 Worth of Ethereum (ETH), Binance Coin (BNB), Tether (USDT) and DAI Stolen in Crypto Wallet Hack

Hackers have made off with more than $8 million worth of Ethereum (ETH), Binance Coin (BNB), Tether (USDT), and Dai…

December 27, 2022