Federico Variola, the CEO of the recently hacked crypto exchange Phemex, has assured users that its cold wallets are unaffected by the exploit. Blockchain analytics firm PeckShield confirmed the breach, which happened on January 23, 2024, resulted in the...
Some prominent crypto influencers are under fire after amplifying what was revealed to be a fraudulent XRP wallet allegedly linked to the U.S. Treasury. The scam gained widespread attention on X before being debunked through on-chain analysis. 🚨The U.S....
David Balland, co-founder of Ledger, has been rescued after a distressing kidnapping incident, as confirmed by the Paris prosecutor’s office, according to a Bloomberg report. He was abducted from his home in central France during the early hours of...
WazirX, an Indian cryptocurrency exchange, has reportedly received approval from the Singapore High Court for a restructuring plan to reimburse users who lost funds in a $230 million hack in July 2024. The court's approval, granted on January 23...
The Niagara Regional Police Service (NRPS) in Ontario, Canada, has partnered with major cryptocurrency ATM operators to launch a public awareness campaign aimed at reducing cryptocurrency-related scams. The initiative, announced by law enforcement authority on January 21, 2025, includes...
CLS Global has agreed to plead guilty to charges of fraudulent market manipulation and wire fraud following an undercover operation led by the U.S.’s Federal Bureau of Investigation (FBI). According to a plea deal announced on January 21, the...
In Rajasthan, India, law enforcement has discovered a major cryptocurrency laundering scheme involving stablecoins like Tether (USDT). Several individuals have been arrested for converting over ₹ one crore (about $115,546) into USDT and transferring the funds to international cybercriminal...
Authorities in Jeju Island, South Korea, have arrested six Chinese nationals for allegedly stealing 1 billion won (around $689,000) during a stablecoin exchange. The incident took place on January 20 at a local hotel, as reported by Maeil Business...
Lancashire Police have seized £28 million in assets from an international bitcoin fraud ring that exploited a flaw in an Australian cryptocurrency trading platform, according to the Lancashire Telegraph. The scam, which began in 2017, allowed ringleader James Parker,...
Crypto scammers increasingly use Telegram to distribute malware scams, with reported activity rising by 2,000% since November. Security firm Scam Sniffer has highlighted this concerning trend, noting that these scams are significantly more sophisticated than traditional phishing attempts. 1/6...
