Explore the darker side of the crypto industry. Everything from fraudulent initial public offerings and lawsuits to hacks, dark market deals, thefts and kidnappings.
Executive Adam Iza connected to the Zort platform, is facing serious allegations of running an extortion operation involving officials from the Los Angeles County Sheriff’s Department (LASD), according to the FBI.
A recent security breach at the crypto liquid restaking platform Bedrock resulted in a loss of around $2 million due to a smart contract vulnerability in its uniBTC vaults.
Onyx Protocol recently suffered a significant exploit, resulting in a loss of $3.8 million.
A U.S. federal judge has ruled that Roman Storm, co-founder of Tornado Cash, will face trial as his motions to dismiss the charges and compel discovery were denied.
Binance co-founder Changpeng Zhao, commonly known as “CZ” in the crypto community, was released from prison on Friday, September 27, after serving a four-month sentence for inadequate anti-money laundering (AML) compliance.
The hacker responsible for stealing $230 million from WazirX in July is close to finishing laundering the funds, with only $6 million left in Ethereum (ETH), according to the Arkham Intelligence chain.
Worldcoin has received negative attention in South Korea amid ongoing data breach concerns affecting several nations.