Crypto Crime News

Rumours started swirling around X (previously Twitter) about federal investigators probing the stablecoin issuer Tether.

Federal authorities are allegedly intensively investigating Tether for possible breaches of U.S. sanctions and anti-money laundering laws, according to sources familiar with the case.

A recent security breach on the Base blockchain has led to the theft of approximately $1 million due to vulnerabilities in unverified lending contracts.

Crypto security incidents remain a persistent challenge, with September alone seeing $120 million in losses from various hacks.

The hacker responsible for the recent breach at the decentralized finance platform Radiant Capital has shifted nearly all stolen funds from layer-2 networks to Ethereum, likely to hide their trail.

Five people have received prison sentences for their involvement in a cryptocurrency scam that defrauded investors of $21.6 million.

Alex Mashinsky, the former CEO of Celsius, will appear in a New York court on November 13.