Law enforcement in India has taken decisive action against large-scale cryptocurrency fraud, arresting three individuals linked to the RSN Crypto scam—a scheme that allegedly deceived over 2,000 investors with false promises of high returns. According to local media, authorities...
Cryptocurrency hacks surged in February 2025, with losses reaching $1.53 billion—an 18-fold increase from the same period last year. According to a report from security firm Immunefi, the total losses for the year now stand at approximately $1.6 billion,...
The hacker responsible for the $1.4 billion Bybit exploit has successfully laundered over 50% of the stolen Ethereum, primarily converting it into Bitcoin through THORChain, according to blockchain analytics firm Spot On Chain. The firm reported that the attacker...
A Montana man has been convicted of conspiring to launder over $2.4 million through cryptocurrency, according to a statement from the U.S. Department of Justice on February 27. Randall V. Rule, 73, formerly of Kalispell, Montana, was found guilty...
India's Central Bureau of Investigation (CBI) raided over 60 locations across multiple states in a crackdown on the infamous GainBitcoin scam today, February 25, 2025. According to the law enforcement agency's statement, the raids were conducted simultaneously and targeted...
U.S. authorities seized $31 million in cryptocurrency-related to the April 2021 hack of Uranium Finance, a defunct DeFi platform. The operation involved the U.S. Attorney’s Office for the Southern District of New York and Homeland Security Investigations in San...
Following the largest cryptocurrency heist in history, the hacker responsible for breaching Bybit’s cold wallet has successfully laundered 100,000 ETH—valued at approximately $250 million—within just four days. According to blockchain analytics firm Spot On Chain, which shared its findings...
Infini, a stablecoin payment firm, has suffered a $50 million exploit, with investigations pointing to a former developer who allegedly retained unauthorized administrative privileges after completing the project. Blockchain security firm Cyvers uncovered the breach, revealing in an X...
Blockchain security firm Elliptic has reported that the massive $1.46 billion stolen from Dubai-based crypto exchange Bybit is now being laundered, with hackers employing complex tactics to obscure their tracks. According to a blog post by Elliptic, the attack,...
In a significant move following its recent security breach, cryptocurrency exchange Bybit has reportedly purchased 266,700 Ethereum (ETH) worth approximately $742 million over two days, according to blockchain analytics firm Lookonchain. The purchases were made by wallets associated with...
