Explore the darker side of the crypto industry. Everything from fraudulent initial public offerings and lawsuits to hacks, dark market deals, thefts and kidnappings.
WazirX users have been informed that they might lose over 40% of their funds due to a $234 million hack that occurred in July.
On Monday, the trial of Binance executive Tigran Gambaryan resumed in Abuja, Nigeria, with Gambaryan arriving at court on crutches and in visible distress after being denied a wheelchair, according to a statement from his family.
The ongoing legal case between Binance and the U.S. Securities and Exchange Commission (SEC) is seeing notable developments, particularly concerning Binance’s co-founder, Changpeng Zhao (CZ).
South Korean authorities have apprehended the leader of a $12 million cryptocurrency scam who attempted to evade capture by undergoing nearly $16,000 worth of plastic surgery.
Elon Musk and Tesla successfully defended against a class action lawsuit in 2022, which accused Musk of influencing Dogecoin’s market to the detriment of investors.
In 2024, cryptocurrency thefts have soared to over $1.2 billion, following a spate of recent security breaches.
The Delhi High Court has directed the Indian Ministry of Communications to swiftly address the issue of 38 fraudulent websites masquerading as the cryptocurrency exchange Mudrex.