Fri, November 22

FBI Storms Polymarket CEO’s Home After Election Predictions Come True

The crypto market is getting accustomed to being mind-blown every few days as Bitcoin continues on its upward rally. In the last few hours, the cryptocurrency has rallied to a new ATH of $93,434. Meanwhile, amid positive incidents within the sector, Polymarket’s CEO, Shayne Coplan, faced regulatory scrutiny. The betting

November 14, 2024 2 mins read

Radiant Capital Cyber Attack Leads to $50M Loss from Trojan Exploit

Radiant Capital, a cross-chain lending protocol backed by Binance Labs, fell victim to a serious cyber attack. It resulted in losses exceeding $50 million in cryptocurrency On October 16, 2024. This incident underscores the significant vulnerabilities within decentralized finance (DeFi) platforms. Attackers gained control of the private keys belonging to

October 18, 2024 2 mins read

US Regulators Sue Gotbit and Other Fraudulent Crypto Firms

The U.S. Securities and Exchange Commission (SEC), Federal Bureau of Investigation (FBI), and Department of Justice (DOJ) have filed lawsuits against Gotbit Consulting, ZM Quant Investment, CLS Global, and several individuals for market manipulation and fraud.  The charges primarily involve practices like wash trading, where fake transactions were used to

October 10, 2024 2 mins read

How the FBI Initiated Its Crypto Token Operation to Bust Fraud?

The United States Federal Bureau of Investigation (FBI) created its own cryptocurrency, “NexFundAI,” operated on the Ethereum blockchain. The FBI initiated the token to capture the attention of market manipulators and illicit activities in the cryptocurrency market.  Besides, the federal prosecutors in Boston announced charges against eighteen individuals and entities

October 10, 2024 1 min read

FBI Warns of North Korean Scammers Aggressively Targeting Crypto Firms

FBI has warned the digital asset firms to be aware of a North Korean Crypto hacker group. DPRK has employed fake employment offers and investment opportunities to trick crypto users into downloading malware. They have made the latest attempt to steal companies’ cryptocurrencies. On 3rd September, The Federal Bureau of

September 4, 2024 2 mins read

FBI to Use NFTs for CluCoin Crypto Fraud Restitution

The Federal Bureau of Investigation (FBI) is taking an innovative approach to reach victims of crypto fraud. The agency plans to use Non-Fungible Tokens (NFTs) to notify victims of a Miami-based crypto scheme called CluCoin. The FBI aims to distribute approximately $1.14 million back to the victims. This represents one

August 23, 2024 2 mins read

FBI Reveals the Key Culprits of Harmony Bridge Hack 

The US Federal Bureau of Investigation (FBI) has revealed the chief culprits of Harmony’s Horizon Bridge Hack. It confirmed two notorious cyber actor groups – Lazarus Group and APT-38, as the responsible agents of the $100M theft in the January 23 press release. Reportedly, these two groups are known to

January 24, 2023 2 mins read

FBI Alerts the Investors Regarding the Recent DeFi Scams

As per recent reports, the attackers stole nearly $2.45 billion in DeFi. Cybercriminals stole $1.3 billion in cryptocurrencies between January and March 2022. Following the DeFi attack warning from the U.S Federal Bureau of Investigation (FBI), the latest data reveals that, since the beginning of decentralized finance (DeFi), approximately $2.45

August 30, 2022 2 mins read

 FBI Warns Public Over Phishing Crypto Apps

FBI has issued a public warning about fraudulent cryptocurrency apps. According to the FBI, $3.7 million was defrauded from 28 victims. The Federal Bureau of Investigation (FBI) has issued a public alert concerning fake cryptocurrency apps.  According to the Securities and Intelligence Agency alert released on July 18, hackers have

July 19, 2022 2 mins read

‘Cryptoqueen’ Ruja Ignatova Listed on Top 10 Most Wanted FBI List

The FBI has added “Cryptoqueen” Ruja Ignatova to its Ten Most Wanted Fugitive list. In exchange for information leading to the arrest of Ignatova, the agency is offering a reward of $100,000. A major Ponzi scam using OneCoin has been implicated in Ignatova’s disappearance since 2017. May saw the addition

July 1, 2022 2 mins read