Reports are surfacing that a cryptocurrency exchange has been drained of $234 million.
Indian crypto exchange WazirX’s Safe Multisig wallet on the Ethereum network has apparently been compromised, per data from CYVERS.
A total of $234.9M has been moved to a new address. Each transaction’s caller is funded by TornadoCash.
PeckShield also reported about this exploit in a recent tweet.
The suspicious address has swapped PEPE, GALA, and USDT to ETH and continues to swap other digital assets.
A former National Crime Agency (NCA) officer has been sentenced to five years and six months in prison after stealing 50 BTC—now worth over £4.4 million—from a criminal investigation he was helping to lead.
The U.S. Securities and Exchange Commission (SEC) has filed emergency enforcement actions against First Liberty Building & Loan, LLC and its founder, Edwin Brant Frost IV, alleging they operated a $140 million Ponzi scheme that spanned more than a decade and defrauded around 300 investors.
A legal clash between Coin Center and the U.S. Treasury Department over sanctions imposed on Tornado Cash has officially come to an end, following a joint decision to dismiss the case.
A sophisticated cyberattack targeting Brazil’s central bank reserve accounts has resulted in the theft of over $140 million (R$800 million), much of which was swiftly funneled through cryptocurrency channels.