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The CEO of Bybit recently delivered a detailed executive summary about tracking down the hacked funds. The amount stolen is around $1.4 billion—not much for a country but for a hacker, it’s a significant enough amount to make him keep trying to steal. The major part of the stolen asset is still visible and traceable. … Read more
The Bybit hack from February 2024 has left the crypto exchange with some serious problems to deal with. And in an update that must have surely left a bitter taste for the exchange’s employees and investors, Bybit’s CEO Ben Zhou confirmed that the hackers have successfully laundered around $280 million of the $1.4 billion they … Read more
A shocking incident has raised serious concerns about the security of well-known figures in the cryptocurrency world. The account of Suji Yan, founder of Mask Network, has reportedly been hacked. A report from Cyvers Alerts states that a suspicious address recently received an astonishing $4 million worth of cryptocurrency from Yan’s account. This event has … Read more
Following a recent security breach, Bybit, one of the top cryptocurrency exchanges, has provided an official update regarding the hack that saw a significant amount of Ether (ETH) taken from its platform. The exchange’s CEO, Ben Zhou, has confirmed that all Ether losses have been covered and that funds taken by the hacker are in … Read more
Hackers recently compromised the high-profile Twitter account @TrumpDailyPosts, using its credibility to promote fraudulent cryptocurrency schemes, including the fake $POWER token. The incident underscores a growing trend of scammers exploiting well-known accounts to deceive unsuspecting investors in the crypto space. The $POWER Token Trap: Massive Investor Losses One victim, with the wallet address 3pFW9…C7ZPQ, suffered … Read more
The DOJ has sentenced the Bitfinex hacker to prison for laundering 120,000 stolen bitcoins from the 2016 hack, using sophisticated methods to hide the theft. DOJ Secures Prison Sentence for Bitfinex Hacker The U.S. Department of Justice (DOJ) announced Thursday that Ilya Lichtenstein has been sentenced to prison for his role in a major cryptocurrency … Read more
Heather Morgan has argued for no more jail time for her role in laundering some of the 120,000 Bitcoin stolen from Bitfinex by her husband Ilya Lichtenstein. Go to Source
Nearly all of the stolen loot from Radiant Capital has now been moved to the Ethereum network, which usually isn’t a good sign for those hoping for recovery. Go to Source
The largest Season 1 EIGEN claimant, boby1337.eth, made headlines today after withdrawing 1 million $EIGEN ($3.61M) from Binance roughly five hours ago. After selling part of the 2.255 million tokens claimed from the airdrop on listing day, boby1337.eth has been steadily re-accumulating $EIGEN over the past two days. The largest Season 1 EIGEN claimant, boby1337.eth, … Read more
Lego’s website was hacked to display an unauthorized cryptocurrency ad promoting a fake “Lego coin.” The ad encouraged site visitors to purchase the fake crypto, promising them secret rewards and redirecting them to a suspicious external site selling “Lego tokens.” Lego’s Website Compromised by Cryptocurrency Scam Lego’s website experienced a security breach on Oct. 4 … Read more
