Crime
Crypto Wallets Join Forces to Launch Global Phishing Defence Network
Quick Breakdown Major crypto wallets — MetaMask, Phantom, WalletConnect, and Backpack partner with SEAL to combat phishing attacks. The network...
Australia Tightens Grip on Crypto ATMs Amid Surge in Scam and Laundering Cases
Quick Breakdown Australia to expand AUSTRAC’s powers to regulate crypto ATMs amid growing scam concerns. Over 2,000 machines now make...
U.S. Indicts Prince Group Founder Over Multi-Billion Dollar Crypto Scam and Human Trafficking Ring
Quick Breakdown U.S. prosecutors charge Prince Group’s founder over a massive crypto investment fraud scheme. The operation allegedly laundered billions...
OKX Blocks Funds Linked to Huione Group Following U.S. Money Laundering Designation
Quick Breakdown OKX freezes deposits and withdrawals linked to Huione Group following U.S. money laundering designation. Exchange vows to maintain...
Security Alliance Launches Verification Tool to Combat $400M Crypto Phishing Surge
Quick Breakdown SEAL launched a cryptographic verification tool to combat crypto phishing scams. The system enables researchers to produce verifiable...
WazirX Secures Singapore Court Approval to Repay Users After $234M Hack
Quick Breakdown Singapore High Court approves WazirX’s restructuring plan for post-hack recovery. The exchange lost $234M in July 2024 to...
UK Debates Whether to Keep $6.4B Bitcoin Windfall From Historic Fraud Case
Quick breakdown UK officials are considering whether to return only the original £640M value of a fraud case to victims,...
BNB Chain’s Official X Account Hacked, Airdrop Scam Links Shared
Quick Breakdown Hackers compromised BNB Chain’s official X account, promoting fake BNB airdrops. CZ and the BNB Chain team confirmed...
Hyperdrive Restores Operations, Compensates Users After $700K Exploit on Hyperliquid
Quick Breakdown Hyperdrive lost nearly $700K in an exploit targeting its router contract but has since reimbursed users. Stolen funds...
Actor Hwang Jung-eum Receives Suspended Sentence Over $3M Crypto Investment
Quick Breakdown South Korean actor Hwang Jung-eum received a two-year prison sentence, suspended for four years, for embezzling over $3...
