Crypto Scam
Rho Markets Recovers $7.6 Million in Stolen Funds, Exploiter Demands ‘Misconfiguration’ Tag
Rho Markets saw a $7.6M exploit due to an Oracle access control vulnerability. The exploiter offered to return the funds only if the team admits…
BitForex Reopening: Withdrawals Resume, KYC Required
BitForex went offline due to police detention, causing a $57 million outflow and restricting user access and withdrawals. BitForex will suspend trading and halt new…
Crypto Crime and Punishment: Lessons from the Blord Arrest in Nigeria
Nigerian authorities detain Linus Williams ('Blord') for alleged cryptocurrency fraud and terrorism funding links. Williams faces accusations involving unauthorized crypto platforms and non-compliance. The arrest…
Taiwan Tightens Crypto Regulations: VASPs Face AML Compliance
Legislative Yuan passed amendments in the country’s AML law to include crypto. The exchanges in the region will now have to implement an AML system.…
North Korean Cybercrime: Lazarus Group Launders Millions Through Cambodian Firm
North Korean hackers laundered $150,000 in stolen crypto through Cambodian firm Huione Pay. Lazarus' group used phishing attacks to steal from Atomic Wallet, CoinsPaid, and…
ZachXBT Uncovers New Evidence in $305 Million DMM Bitcoin Hack Investigation
ZachXBT links $305M DMM Bitcoin hack to Lazarus Group. Over $35M funneled through Huione Guarantee. Tether blacklists wallet with $29.6M USDT. Blockchain sleuth ZachXBT has…
Chainalysis Exposes the Underbelly of Crypto Money Laundering
Traditional money launderers increasingly use on-chain money transmission. Chainalysis reports the large-scale money laundering infrastructure created by traditional money launderers. The majority of transactions in…
Beware of These 7 Crypto Platforms: Hong Kong SFC Warns
Hong Kong's SFC warns the public against seven entities suspected of crypto fraud. The scams involved luring investors with promises of high returns, then blocking…
June Crypto Phishing Scams Exceed $1 Million, CertiK Warns
June was the fourth month with 10+ phishing scams where investors lost $1M. Phishing scams increased in June with major X accounts being hacked. A…
Phishing Scam Targets Ethereum Scaling Solution Cyber
The Ethereum Layer 2 platform, Cyber, has recently been compromised. Scammers posted fake airdrop rewards, urging community members to sign up. Cyber warns against the…
