This week, hackers ran crypto phishing scams on X accounts, the SEC approved bitcoin ETP, hackers stole $3.4 million from Gamma, dYdX detailed post-hack steps, CertiK published 2023 hack stats, TRM Labs discussed North Korean hacking and Apple India blocked users from offshore crypto exchanges.
The U.S. Securities and Exchange Commission said it is probing the "compromise" of its X - formerly known as Twitter - social media accounts after a hacker broadcast a fake post claiming the agency had approved spot bitcoin exchange-traded funds, which sent the value of bitcoin rocketing.
This week, Ledger looked to reimburse hack victims, NFT Trader suffered a $3 million theft, the U.S. DOJ announced the first criminal case involving a DeFi smart contract, a court approved Binance's settlement with the U.S. CFTC and a Nigerian court sentenced a pig -butchering scammer.
This week: 2023 hacking statistics, order for ex-Binance chief to stay in U.S., a $25M crypto AI scam indictment, a $2.7M OKX hack, a Bitcoin security flaw in the NVD, a Uranium hacker's laundering scheme, NDAA rejection of crypto provisions, and Poloniex on regulator radar.
This week, a Bitzlato co-founder pleaded guilty to money laundering charges, a federal judge accepted ex-Binance chief's guilty plea, thieves stole $363M in crypto this November, KyberSwap looks to compensate hack victims, Platypus hackers walked free, and Velodrome and Aerodrome were hacked again.
This week, a KyberSwap hacker demanded total control, the U.S. Treasury called for additional tools to sanction crypto baddies, the Aerodrome and Velodrome DeFi platforms' front ends were hacked, a scam-as-a-service wallet drainer shut down, Indexed Finance thwarted hijacking attempts, and more.
The U.S. federal government Wednesday added cryptocurrency mixer Sinbad.io to a growing blacklist of virtual asset platforms under sanctions that prevent Americans from doing business with them. The FBI seized the Sinbad website in an international operation.
Former wunderkinds Sam Bankman-Fried and Changpeng Zhao, torchbearers of a flailing crypto industry and now confirmed felons, may provoke the regulatory retrenchment that saves the industry from itself. But obstacles exist in the blockchain structure of cryptocurrency.
This week's cryptocurrency hack roundup features hackers stealing $87 million from Heco, Kronos reporting $25 million stolen via an API breach, regulators filing charges against Kraken, and feds charging three people with stealing $10 million and seizing $9 million tied to a pig-butchering scam.
This week, Poloniex prepared to resume operations after a $100 million hack, a OneCoin executive pleaded guilty, the SEC reported an "impactful" crypto enforcement year, a bug put $2.1 billion at risk, $27 million was stolen, the Data Act vote happened in Europe, and China released an NFT theft law.
This week, the trial of the alleged Mango Markets hacker was delayed, Bitfinex reported a "minor" cybersecurity incident, the U.S. Securities and Exchange Commission sought summary judgement in the Terraform Labs case and the U.S. Department of Treasury designated a Russian money launderer.
The guilty verdicts returned by a jury against Sam Bankman-Fried confirmed that the one-time cryptocurrency wunderkind now stands as one of America's biggest fraudsters. His sentencing is scheduled for March 28, 2024. The statutory maximum sentences for his crimes total over 100 years in prison.
Every week, ISMG rounds up cybersecurity incidents in digital assets. This week, Sam Bankman-Fried testified in his U.S. criminal trial, the United Kingdom issued further crypto regulation, U.S. federal law enforcement arrested SafeMoon executives, and Onyx and Unibot each fell victim to a hack.
This week: Sam Bankman-Fried says he'll testify, FinCEN proposed recording crypto transactions involving mixers, a financial investigation firm used NFTs to track stolen funds, Atomic Wallet froze $2 million of $100 million in hacked funds and advocates challenged the US SEC's Binance lawsuit.
This week, Chainalysis busted crypto terrorist financing myths, the Sam Bankman-Fried trial continued, Stars Arena got back 90% of its stolen funds, an EU authority warned about DeFi risks, the U.S. FDIC said it would focus more on crypto, and California's governor approved crypto regulations.
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