Quick Breakdown Nathan Fuller denied Chapter 7 discharge in Texas after $12.5M crypto Ponzi fraud. Court found he concealed assets, falsified records, and lied under oath. Investor funds were spent on gambling, luxury items, and real estate. A Texas...
Quick Breakdown: A California man has been sentenced for orchestrating a $37 million cryptocurrency scam that defrauded investors. The Department of Justice (DOJ) continues to intensify its enforcement efforts against crypto-related fraud. This case highlights the increasing legal risks...
Quick Breakdown Hackers are embedding malware commands in Ethereum smart contracts to bypass scans. Malicious NPM packages, colortoolsv2 and mimelib2, retrieved C2 servers from the blockchain. Campaigns used fake GitHub repositories to trick developers into downloading infected code. Threat...
Quick Breakdown: Venus Protocol has recovered $13.5 million lost after a whale wallet fell victim to a phishing attack. The protocol paused operations and leveraged governance powers to liquidate attacker positions, fully restoring assets and stabilizing its token XVS....
Quick Breakdown: $163M lost to crypto hacks in Aug 2025, up 15% from July’s $142M, across 16 major exploits. Biggest hits: $91.4M BTC whale theft and BtcTurk’s $48–54M hot-wallet breach, its second major hack in a year. PeckShield links...
Quick Breakdown $312 billion laundered through US banks between 2020–2024 by Chinese money laundering groups. Networks partnered with Mexico’s drug cartels, exploiting US banks to clean cartel cash. Real estate fraud, human trafficking, and healthcare scams tied to Chinese...
Quick Breakdown Sanctioned Individuals & Firms: Vitaliy Andreyev, Kim Ung Sun, Shenyang Geumpungri Network Technology, and Korea Sinjin Trading. Illegal Activities: Laundered stolen crypto, embedded North Korean IT operatives in foreign firms, and generated millions for Pyongyang. Impact: Part...
Quick Breakdown Ransomware at scale: Hackers used Claude to steal data and demand up to $500,000 in Bitcoin. North Korea angle: IT operatives leveraged Claude to fake résumés and infiltrate U.S. tech firms. Bigger picture: AI tools are reducing...
Quick Breakdown: Crypto trader “White Whale” says MEXC froze his $3.1 million and urged him to fly to Malaysia for in-person KYC, despite already completing verification online. He launched a $2 million pressure campaign, offering rewards via NFTs and...
A crypto wallet flagged by blockchain security analysts as the “Coinbase hacker” has splashed $8 million on Solana (SOL), only to take an immediate hit as prices fell. Data from Lookonchain shows the wallet swapped DAI for USDC before...
