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Scams, Schemes and Hacks

Brazilian Federal Police Move Against Alleged Transnational $800,000,000 Crypto Fraud Ring

Brazilian Federal Police are executing 20 search and seizure warrants for an alleged transnational crypto fraud ring accused of stealing…

October 8, 2022

Binance CEO Changpeng Zhao Speaks on State of Binance Smart Chain After $564,000,000 Cross-Bridge Exploit

The CEO of the largest crypto exchange by trading volume is updating Binance Smart Chain (BSC) users on yesterday's cross-bridge…

October 7, 2022

Embattled Terra (LUNA) Founder Do Kwon Ordered To Hand Over Passport by South Korean Authorities

South Korean authorities are telling embattled Terraform Labs founder Do Kwon to hand over his passport as they claim he…

October 6, 2022

FBI Issues New Warning on Rise of Scammers Posing As Successful Crypto Traders To Defraud Victims

The Federal Bureau of Investigation (FBI) is warning of a new crypto investment scheme called Pig Butchering, involving scammers pretending…

October 6, 2022

Hacker Forfeits $21,849,087 Worth of Bitcoin to Feds, Sentenced to 20 Years in Prison

A Canadian hacker is forfeiting millions of dollars worth of Bitcoin (BTC) to the U.S. government while facing a multi-decade…

October 5, 2022

Terra (LUNA) Collapse Big Step Backward for Crypto Decentralization: Ethereum (ETH) Creator Vitalik Buterin

The co-founder of Ethereum (ETH) says the implosion of stablecoin issuer Terra (LUNA) earlier this year dealt a big blow…

October 2, 2022

Prosecutors Say Embattled Terra (LUNA) Founder Do Kwon Now on Interpol Red Notice: Report

The international policing organization Interpol is officially requesting that law enforcement worldwide help locate and arrest the embattled Terra (LUNA)…

September 27, 2022

U.S. Treasury Department Asks for Public Opinion on Potential Risks of Digital Assets

The U.S. Treasury Department is asking the public for their opinions on how to handle the potential risks of crypto…

September 21, 2022

DeFi CEO Attempts Negotiation As $160,000,000 Goes Missing From Crypto Platform

The chief executive of a recently hacked decentralized finance (DeFi) platform is attempting to negotiate with presumed hackers after a…

September 20, 2022

Terra (LUNA) Founder Do Kwon Denies He’s on the Run After South Korean Authorities Issue Arrest Warrant

Terra (LUNA) founder Do Kwon has denied that he is evading authorities despite statements from South Korean prosecutors claiming the…

September 19, 2022