Thai immigration officials have uncovered a cross-border cryptocurrency scam that defrauded a local woman of more than $620,000. As reported by the local news outlet Khaosod, five suspects have been arrested in connection with the scheme. These individuals, hailing...
The X account of the developer of the popular AI bot Truth Terminal, Andy Ayrey, has been hacked. The breach, confirmed by X user Tischersauce on October 29, allowed the attackers to promote a questionable memecoin and generate over...
Ethereum-based decentralized finance (DeFi) protocol Ethena Labs is under investigation following allegations from crypto investigator “Nomad” that its development team engaged in an internal crypto-farming event. The investigator claimed that the Ethena team holds around 25% of the staked...
A security breach on Base, a Layer 2 blockchain, has led to the theft of approximately $1 million. The exploit, which involved manipulated Wrapped Ether (WETH) contracts, was first reported on October 25 by blockchain security firm Cyvers Alerts....
The United States and Nigeria have established a Bilateral Liaison Group aimed at tackling illicit finance and cryptocurrency-related crimes. The U.S. Department of State announced this partnership on Wednesday, October 23, highlighting the importance of collaboration in addressing financial...
Austria has concluded its largest-ever fraud trial, which centred around a sophisticated €20 million crypto Ponzi scheme. The trial, held at the Klagenfurt Regional Court, lasted 60 days and led to five convictions involving eleven suspects from Austria, Croatia,...
State securities regulators across North America are facing an unprecedented surge in technology-driven investment fraud as digital assets and social media scams reach record levels, according to a new report by the North American Securities Administrators Association (NASAA). The...
The Australian Securities and Investments Commission (ASIC) has charged Grant Colthup, the former CEO of Mine Digital, with fraud after a customer allegedly failed to receive Bitcoin valued at 2.2 million Australian dollars (around $1.47 million) in July 2022....
The Tapioca Foundation has issued a $1 million bounty to the hacker responsible for stealing $4.7 million from its DeFi protocol in what has been described as a sophisticated social engineering attack. The offer, made through an on-chain message...
The X account of DeFi protocol EigenLayer was compromised earlier today, October 18, to promote a fraudulent airdrop campaign. The attackers posted a message that appeared to be a follow-up to a legitimate campaign but instead directed users to...
