The notorious hacker behind the massive $10.934 billion exploit of crypto exchange Bitfinex is being sentenced to five years in prison. According to a new press release by the U.S. Department of Justice (DOJ), Ilya Lichtenstein – who hacked Bitfinex in 2016 and fraudulently sent 119,754 Bitcoin (BTC) to a wallet under his control – […]
The post Infamous Crypto Hacker Behind Nearly $11,000,000,000 Bitfinex Exploit Sentenced to Five Years in Prison appeared first on The Daily Hodl.
The U.S. Attorney’s Office in Manhattan will scale back its focus on cryptocurrency crimes after securing high-profile convictions, including FTX founder Sam Bankman-Fried (SBF), according to Scott Hartman, co-chief of the securities and commodities task force at the Southern District of New York (SDNY). Hartman noted that while crypto cases will not be ignored, fewer […]
The chief executive of a crypto firm was reportedly kidnapped in Toronto and only freed after a $1 million ransom was paid. According to a new report by the Canadian Broadcasting Corporation (CBC), Dean Skurka, the CEO of crypto financial services firm WonderFi was kidnapped in downtown Toronto earlier this week and only released after […]
The post Crypto Firm CEO Kidnapped in Toronto, Held for Ransom and Then Freed After $1,000,000 Payment: Report appeared first on The Daily Hodl.
Former FTX executive Caroline Ellison is set to start her two-year prison term in Connecticut. According to a new report by CNBC, a Bureau of Prison (BOP) spokesperson said that Caroline Ellison – the former CEO of FTX’s sister company Alameda Research – will begin her two-year sentence after serving as the prosecution’s star witness. […]
The post Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco appeared first on The Daily Hodl.
The U.S. Department of Justice (DOJ) is charging the founder and CEO of crypto firm Gotbit with wire fraud and conspiracy to commit market manipulation and wire fraud. In a new press release, the U.S. Attorney’s Office of the District of Massachusetts is alleging that 26-year-old Russian national Aleksei Andriunin and two Gotbit directors offered […]
The post U.S. Justice Department Indicts Russian National Over Alleged Crypto Market Manipulation and Fraud appeared first on The Daily Hodl.
A Hong Kong woman lost $12K in a crypto exchange scam after waiting hours for a promised cash handoff that never arrived. Hong Kong Woman Scammed in Crypto Exchange Scheme Hong Kong authorities are investigating a cryptocurrency scam reported by a woman at an exchange shop in Mong Kok on Saturday, where she claimed to […]
Binance executive Tigran Gambaryan will reportedly remain imprisoned in Nigeria after a judge denied his request to post bail. According to a new report by Bloomberg, Gambaryan, a former agent of the US Internal Revenue Service (IRS) and Binance’s current crypto compliance officer, had his request for bail rejected by a justice of Nigeria’s Federal […]
The post Binance Executive Tigran Gambaryan To Stay in Nigerian Prison After Judge Rejects His Request for Bail: Report appeared first on The Daily Hodl.
The attacker used a “proxy” function to swipe victims’ USDC balances, but only a small number of Google login users have been affected.
Some users of the Polymarket prediction market app are complaining that their wallets were mysteriously drained after they logged in via their Google accounts.
After making deposits, users found that their wallets were wiped out, leaving a balance of zero. The attacks have not occurred against users that relied on wallet browser extensions such as MetaMask or Trustwallet.
Cointelegraph spoke to two victims of the attacks. The first victim identified himself by the Discord username, “HHeego,” and claimed to be the owner of a Polymarket account whose address ends in C3d4.
Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted that cybercrime now represents 40% of all crimes in the country, rising to 60% in serious cases. Cybercrime Costs Russia Over $1.25 […]
WazirX’s $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs.
Two months after hackers managed to steal over $230 million from India-based crypto exchange WazirX, the status of customer funds remains in doubt as the exchange and its custody provider, Liminal, continue to play the blame game.
Both firms continue to accuse the other of being at fault for the breach that allowed the hacker to steal customer funds, and there appears to be no resolution in sight, especially with internal investigations seemingly moving ahead at a snail’s pace.
Most recently, the firm faced legal threats from its customers, with the most notable pursuant being another rival exchange, CoinSwitch. The company initiated legal action against Wazir to recover 2% of its funds worth approximately $6.2 million.
Source: CoinSwitch
