Explore the darker side of the crypto industry. Everything from fraudulent initial public offerings and lawsuits to hacks, dark market deals, thefts and kidnappings.
The FBI and the Royal Thai Police have uncovered a “pig butchering” scheme in which US victims were defrauded of over $2.5 million dollars in Tether (USDT).
Amidst the ongoing payment of the money owed to the affected users in the Mt.Gox hack, attempts have been registered for unauthorized access to their accounts.
Reports are surfacing that a cryptocurrency exchange has been drained of $234 million.
A crypto protocol just lost millions of dollars in altcoins during a major security breach, as reported by Cyvers Alerts.
In a significant legal development, Tether and Bitfinex are embroiled in a revised class action lawsuit alleging market manipulation and antitrust violations.
Recent developments suggest that the Lazarus Group, a notorious state-sponsored hacking entity, may be behind the $305 million breach of Japanese crypto exchange DMM Bitcoin.
A victim of a $24 million phishing attack has received a partial refund after the perpetrator voluntarily returned some of the stolen funds.