Crypto Platform Suspends Operations After Wallet Breach Reports

19.09.2024 22:00 1 min. read Alexander Stefanov

SHARE: 0 SHARES

Crypto Platform Suspends Operations After Wallet Breach Reports

The Block reports that the Banana Gun team is currently investigating reports of a user wallet breach and has temporarily shut down the platform.

Several community members have reported that wallets linked to the Banana Gun Telegram bot have been compromised, resulting in drained assets.

One community member, known as yannickcrypto.eth, stated that approximately 563 ETH (about $1.4 million) has been stolen so far, affecting 36 victims.

However, they noted that there isn’t enough evidence to confirm that Banana Gun itself was hacked.

SEC Charges Company Over $1B Crypto Fraud

In response, the Banana Gun team has announced on Telegram that they are looking into the situation and have taken the bot offline.

While the incident has raised alarms among users, experts are advising caution when using the Banana Gun platform.

SHARE: 0 SHARES

Over $15M Stolen in Coinbase Commerce Heist, AML Systems Fail to Detect Attack

A recent theft involving Coinbase Commerce has been uncovered by crypto investigator ZachXBT, revealing that over $15.9 million worth of USDC was stolen from a vendor.

11.12.2024 16:00 2 min. read Alexander Zdravkov

Celsius Executive’s Sentencing Delayed as He Provides Key Information in Mashinsky Case

Roni Cohen-Pavon, formerly the chief revenue officer at Celsius, will not face sentencing this week as initially scheduled.

11.12.2024 14:30 2 min. read Alexander Zdravkov

U.S. Treasury Unveils Russian Crypto Money Laundering Scheme to Bypass Sanctions

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on several individuals and entities tied to a Russian money laundering operation that utilized Tether (USDT) and other cryptocurrencies for illicit transactions.

08.12.2024 22:00 2 min. read Alexander Zdravkov