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Scams, Schemes and Hacks

Hackers Net $438,000 in Crypto From Phishing Scam After Compromising Twitter Account of NFT Artist Beeple

Hackers are running away with about $438,000 worth of crypto after compromising the Twitter account of popular digital artist Mike…

May 24, 2022

CFTC Charges Illinois and Oregon Residents in Alleged $44,000,000 Crypto Ponzi Scheme

The Commodities Futures Trading Commission (CTFC) is announcing charges against two US residents alleging that they were behind a multi-million-dollar…

May 23, 2022

Terra (LUNA) Founder Do Kwon Facing South Korea Investigation Over Claims of Ponzi Fraud: Report

The CEO of Terraform Labs is facing possible criminal charges in the wake of two leading cryptos collapsing earlier this…

May 20, 2022

Federal Judge Says Crypto Anonymity Myth as US Authorities Charge American in $10,000,000 Sanction Evasion

The Justice Department is charging an unnamed American citizen with using crypto assets to evade sanctions in what is believed…

May 17, 2022

Axie Infinity (AXS) Ronin Network Launches Bug Bounty Program in Response to $600,000,000 Hack

The Axie Infinity (AXS) Ronin Network is launching a "bug bounty" program that will offer up to one million to…

April 29, 2022

U.S. Treasury Sanctions Three Ethereum (ETH) Wallets With Ties to North Korean Hacker Group

The U.S. Department of the Treasury is sanctioning three Ethereum (ETH) wallets connected to the North Korean hacking group reportedly…

April 24, 2022

Terra (LUNA) Network Addresses Scammed Out of $4,310,000 in Phishing Attack: Blockchain Security Firm SlowMist

A leading blockchain security firm is warning that a phishing scam conned more than 50 Terra (LUNA) network users out…

April 22, 2022

Crypto Wallet MetaMask Issues Warning to iPhone Users, Gives Directions To Avoid Phishing Attacks

A popular crypto wallet is warning its users about a cloud-storage vulnerability that could put their funds at risk of…

April 19, 2022

Ethereum-Based Coin Mixer Tornado Cash Blocks Sanctioned ETH Addresses, Founder Says There Are Limits to Privacy

Widely used coin mixing service Tornado Cash says it will block ETH addresses linked to North Korean hackers and other…

April 18, 2022

North Korean Hackers Behind $600,000,000 Attack on Axie Infinity (AXS), According to U.S. Treasury

The U.S. Department of the Treasury is indicating that North Korean hackers appear to be behind the massive $600 million…

April 15, 2022