Bitfinex Hacker Sentenced to Prison as DOJ Tracks 120,000 Stolen Bitcoin

November 14, 2024 Bitcoin.com

bitcoin.com

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 […]

Despite Bitcoin’s 10% Drop, Over M in Old Coins Find New Homes

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Bitfinex hack launderer ‘Razzlekhan’ wants time served as sentencing looms

November 4, 2024 Coin Telegraph

bitfinex

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.

Heather Morgan, also known as the rapper “Razzlekhan,” has asked to avoid more prison time ahead of her sentencing for her role in laundering the Bitcoin her husband stole from the crypto exchange Bitfinex.

“Ms. Morgan has proven herself worthy of a second chance, and we respectfully ask this Court to give her that chance by imposing a sentence of time served,” Morgan’s lawyers asked a Washington, DC, federal court in an Oct. 31 filing.

They added she was subject to “difficult conditions” in her week-long pretrial incarceration — having to recover from surgery and getting COVID-19 — and, since her release in mid-February 2022, had “complied fully with the restrictive terms of pretrial release.”

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Hacker Plunders $20,000,000 Worth of Crypto From Wallet Affiliated With the US Government: Arkham

October 25, 2024 The Daily Hodl

Arkham

A hacker plundered $20 million worth of crypto from a wallet affiliated with the US government, according to the digital asset deanonymizing platform Arkham. Arkham notes the exploiter stole the crypto from a government address affiliated with funds seized from hackers who hit the exchange Bitfinex in 2016. The government address hacker stole $20 million […]

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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Radiant Capital hacker moves $52M in stolen funds

October 24, 2024 Coin Telegraph

Radiant Capital hacker moves M in stolen funds

Coin Telegraph

Nearly all of the stolen loot from Radiant Capital has been moved to the Ethereum network, which usually isn't a good sign for those hoping for recovery.

The hacker behind the recent theft from decentralized finance (DeFi) protocol Radiant Capital has moved almost all of the stolen funds from layer-2 protocols to Ethereum in a possible move toward obscuring its location.

On Oct. 24, blockchain security firm PeckShield reported that addresses linked to the Radiant Capital exploiter have bridged “nearly all” of the ill-gotten crypto from the exploit from layer-2 network Arbitrum and the Binance BNB Chain to the Ethereum network.

The total amount moved was about 20,500 Ether (ETH) worth around $52 million, PeckShield noted.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Lego’s Website Hacked to Promote ‘Lego Coin’ Crypto Scam

October 6, 2024 Bitcoin.com

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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 […]

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Ethena domain registrar hacked, Ethena Labs warns users to stay away

September 18, 2024 Coin Telegraph

Coin Telegraph

The Ethena website appears to have suffered a front-end attack, and users are encouraged not to interact with the platform.

The Ethena website suffered what appears to be a front-end exploit on Sept. 18, and Ethena Labs has cautioned users not to interact with any site or application claiming to be Ethena.

According to a social media post from Ethena Labs, the website's domain registrar account was compromised, and the site is currently deactivated until the issue is resolved.

Ethena Labs also reassured clients that the Ethena protocol was not affected by the exploit and that all customer funds were safe.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Scammers Using AI to Clone Voices, Drain Bank Accounts As Deloitte Forecasts $30,000,000,000 in AI Losses by 2027

September 15, 2024 The Daily Hodl

Scammers Using AI to Clone Voices, Drain Bank Accounts As Deloitte Forecasts ,000,000,000 in AI Losses by 2027

Artificial intelligence is fueling billions of dollars in losses to scams as criminals clone people’s voices to compromise credit cards and bank accounts. The classic scam where victims receive a call from a loved one asking for money is far easier with AI, WBTV reports. Cybersecurity expert Thomas Hyslip, who spent two decades in federal […]

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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

FBI Seizes Cryptocurrency Linked to North Korean Ransomware

July 27, 2024 Bitcoin.com

bitcoin.com

A grand jury in Kansas City indicted North Korean national Rim Jong Hyok for his role in a conspiracy involving ransomware attacks on U.S. hospitals and healthcare providers. The group laundered cryptocurrency proceeds and used the funds for further cyber intrusions into global defense, technology, and government entities. The ransomware attacks disrupted patient care and […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Hackers Take Over Rapper 50 Cent’s X Account To Steal Over $3,000,000 in Crypto: Report

June 24, 2024 The Daily Hodl

50 Cent

A bad actor has reportedly hacked into rapper 50 Cent’s X account and stolen millions of dollars worth of crypto after promoting a pump-and-dump scheme. According to a new report by Fox Business, the rap artist says that his social media account was hacked by a scammer who made away with $3 million in under […]

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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Kraken Security Officer Says Black Hat Entity Exploited Exchange for $3,000,000 Upon Finding ‘Isolated Bug’ in Code

June 19, 2024 The Daily Hodl

Kraken Security Officer Says Black Hat Entity Exploited Exchange for ,000,000 Upon Finding ‘Isolated Bug’ in Code

Black Hat Hacker

A Kraken executive says that a black hat entity stole $3 million from the firm after finding a bug in the exchange’s systems. In a lengthy thread on the social media platform X, Nick Percoco, Kraken’s chief security officer, says that earlier this month, Kraken received an update from their Bug Bounty program claiming there […]

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