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Scams, Schemes and Hacks

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

Charles Hoskinson Says He’ll Run $1,000,000 ADA Experiment With New Cardano Wallet To Test Security

Cardano (ADA) co-founder Charles Hoskinson says he's willing to bet on an upcoming security feature for the new Lace wallet.…

December 27, 2022

Former Alameda CEO Admits to Using FTX Customer Deposits To Repay Loans on Risky Investments: Report

Caroline Ellison, the former CEO of Alameda Research, says the trading firm made short-term and open-term loans worth billions of…

December 25, 2022

North Korean Hackers Have Stolen Over $1,200,000,000 in Crypto Assets: Report

North Korean hackers have reportedly stolen more than $1.2 billion worth of cryptocurrencies over the past five years. According to…

December 23, 2022

Sam Bankman-Fried To Be Under GPS-Monitored Home Confinement After Release on Largest-Ever Pretrial Bond: Report

Disgraced FTX founder Sam Bankman-Fried will reportedly be under monitored house arrest after posting what prosecutors are calling the largest…

December 23, 2022

Disgraced FTX Founder Sam Bankman-Fried Now US-Bound After Signing Extradition Papers: Report

FTX founder Sam Bankman-Fried is reportedly on his way to the United States after voluntarily waiving his extradition rights. Citing…

December 22, 2022

FTX Debacle: Two Top-Level Insiders Cooperating With Prosecutors in Criminal Case Against Sam Bankman-Fried

Two top-level executives of the former FTX crypto empire are cooperating with authorities in the criminal case against Sam Bankman-Fried.…

December 22, 2022

Co-Founder of $4,000,000,000 Crypto Pyramid Scheme Faces 60 Years in Prison

The co-founder of a gigantic $4 billion crypto pyramid scheme is pleading guilty to money laundering and wire fraud charges,…

December 20, 2022

Sam Bankman-Fried Wants Extradition to the US Days After Detention in the Bahamas: Report

Former FTX CEO Sam Bankman-Fried, who is currently in the custody of authorities in the Bahamas, is reportedly opting to…

December 19, 2022