crime in crypto
Hacker steals $3.3 million using Profanity’s vanity Ethereum addresses
Since the crypto industry expanded its growth, it has become the favorite place for hackers to commit exploits. The Ethereum vanity addresses generated via the Profanity tool have now become the latest loophole to dupe millions of crypto users.
21 SEPTEMBER 2022
Increasing Crypto Crimes Forced Australia To Set Up Dedicated Police Unit
Crypto crimes have become a primary concern since digital assets grew up in recent years. Seeing the current market volatility and risks involved in cryptocurrencies, U.S. Fed has adopted a hawkish approach to fighting market inflation. On the other hand, Australia is attempting to deal with the issue by setting up a crypto-focused police unit.
6 SEPTEMBER 2022
Binance identifies KyberSwap hack suspects, involves law enforcement
Based on an independent investigation, Binance’s security team identified two suspects that may be responsible for orchestrating the virtual heist of $265,000 on KyberSwap.
3 SEPTEMBER 2022
Crypto mining malware impersonates Google translate desktop, other legitimate apps
Cyber threat intelligence firm, Check Point Research identified Nitrokod as a crypto miner malware that has infected thousands of PCs across 11 countries.
1 SEPTEMBER 2022
3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report
Zhu, whose whereabouts had been unknown for weeks, delivered an affidavit that disputed Teneo claims and elucidated the internal structure of the failed hedge fund.
27 AUGUST 2022
8 sneaky crypto scams on Twitter right now
A 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds.
22 AUGUST 2022
Crypto scams fall 65% after gullible noobs exit the market: Chainalysis
Less gullible retail investors and falling asset prices have made scamming a less enticing endeavor, but the tsunami of new DeFi applications has hackers licking their lips.
17 AUGUST 2022
Billionaire Mark Cuban Sued for Allegedly Promoting a Massive Crypto 'Ponzi Scheme'
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, is facing a class action lawsuit for promoting Voyager Digital’s crypto products. The plaintiffs claim that Voyager was “a massive Ponzi scheme” and Cuban “duped millions of Americans into investing.”
14 AUGUST 2022
Vinnik to Be ‘Hostage’ in US Amid Russia’s War in Ukraine, Greek Lawyer Says
If extradited to the United States, crypto exchange BTC-e’s alleged operator Alexander Vinnik will become a “hostage” due to the ongoing conflict in Ukraine, according to his Greek lawyer. France is likely to send the Russian back to Greece soon and Zoe Konstantopoulou is trying to prevent his subsequent transfer to U.S. custody.
1 AUGUST 2022
‘Cryptojacking’ rises 30% to record highs despite crypto slump: Report
Cryptojacking has become a lucrative choice for cybercriminals as many victims are unaware they have been compromised.
27 JULY 2022
23 Terabytes Of Chinese Citizen’s Personal Data Available For Just 10 Bitcoins
A computer hacker going by the name of ChinaDan has managed to steal the personal data of around a billion Chinese citizens and has put it up for sale on the dark web for the price of 10 bitcoins.
25 JULY 2022
FBI Raises Alarm On Crypto Cyber Fraud, Says $42.7 Million Lost Since December
The Federal Trade Commission (FTC) issued a consumer alert last month regarding the growing risk of crypto frauds. The FBI is now adding its voice to the chorus by issuing its own warning.
20 JULY 2022
Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen
According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack.
4 JULY 2022
Dogecoin gaining popularity for illegal activities, Elliptic report says
Elliptic revealed that there have been several instances where the popular meme coin have been used by bad actors for their gain.
24 JUNE 2022
Another Report Confirms That Criminal Behavior Keeps ‘Dropping as a Percentage of Overall Crypto Activity’
Global politicians’ claims that crypto is the criminal world’s currency of choice may be wide of the mark, another report reitarates.
14 JUNE 2022
Bored Ape Yacht Club Discord server breached causing 200 ETH, 32 NFTs in losses
The BAYC Community Manager has reportedly had his Discord account breached resulting in scam giveaways being posted on the official BAYC Discord.
5 JUNE 2022
Scammers Have Stolen Over $1,000,000,000 in Crypto Assets Since Start of 2021: U.S. Federal Trade Commission
The Federal Trade Commission (FTC) is laying out the scope and methods used by crypto fraudsters to rack up a billion dollars in illicit gains.
4 JUNE 2022
Mystery South Korean Company that ‘Worked on Terra Network’ Faces Media Scrutiny
South Korean media outlets say they have unearthed evidence that a blockchain firm based in Seoul has a close relationship with Terraform Labs – and may have been developing for the Terra network under the radar. But the plot may already have thickened – with allegations that the National Tax Service (NTS) found evidence of a “suspicious flow of transactions” between the firm and Terraform Labs when it investigated the firms last year.
31 MAY 2022
Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap
Despite the imminent possibility of serving jail time, proactively owning up to the allegations resulted in Hayes being sentenced to six months of house arrest and two years of probation.
21 MAY 2022
Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme
Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to have handled transactions with a total value of over $147 million.
18 MAY 2022
US Federal Reserve, FDIC warn banks against crypto risks
Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products
Top Crypto Analyst Predicts Bitcoin Turnaround After the Second-Longest BTC Bear Market – Here’s the Timeline
Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy
CryptoSlate Wrapped Daily: Binance hits out at Reuters, USDD loses peg, Paxful delists ETH
European Central Bank blasts Bitcoin —community responds
Genesis denies ‘imminent’ plans to file for bankruptcy
Bitcoin Bull Anthony Pompliano Says Confidence Game Now Over for Crypto Industry
Soccer Superstar Lionel Messi Joins NFT Game Sorare as Investor and Brand Ambassador
How to get a cryptocurrency license in Lithuania?
Impermanent loss challenges the claim that DeFi is the ‘future of France’
What is the Crypto Fear and Greed Index?