Scams, Hacks & Breaches

Former FTX Executive Gary Wang Avoids Prison Time After Building Crypto Surveillance Tools for Government: Report

November 20, 2024 The Daily Hodl

Alameda Research

The former chief technology officer of disgraced crypto exchange FTX is dodging prison time by cooperating with the US government. According to a report from Reuters, Wang – a computer programmer who unwittingly wrote the code that allowed former FTX CEO Sam Bankman-Fried to steal billions of dollars from customers – is being spared prison […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Alleged Corrupt Los Angeles Police Officers Implicated in Crypto ‘Godfather’ Extortion Scheme

November 19, 2024 The Daily Hodl

crypto

The founder of a crypto trading platform allegedly relied on corrupt Los Angeles Sheriff’s Department (LASD) deputies to facilitate extortion schemes and other crimes. Recent court documents indicate that the Federal Bureau of Investigation (FBI) has been looking into Adam Iza, the founder of the crypto trading platform Zort and known as “The Godfather,” over […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

BTC Launderer Given ‘Lenient’ Three-Year Prison Sentence for Assisting With Bitcoin Fog Case: Report

November 17, 2024 The Daily Hodl

Bitcoin

A man who laundered millions of dollars worth of Bitcoin (BTC) has been sentenced to three years in prison after assisting authorities with another high-profile crypto laundering case. According to a new report by Bloomberg, Larry Harmon – who pleaded guilty to running a crypto mixing service on the dark web in 2021 – has […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Nearly One-Third of All Customers at US Banks Have Experienced Fraud in Last 12 Months: Study

November 17, 2024 The Daily Hodl

bank

A massive chunk of all US banking customers have recently experienced some type of fraud on their accounts, according to a new study. Consumer insights and analytics firm J.D. Power says the study shows 29% of US bank customers and 22% of credit card users – at banks like Wells Fargo, Bank of America and […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

$500,000 Drained From American Bank Accounts As Insider Allegedly Steals Customers’ Sensitive Information, Sells Trove To Accomplices on Telegram: Manhattan District Attorney

November 16, 2024 The Daily Hodl

bank

An employee at US banking giant has been indicted, accused of stealing sensitive information from the lender’s customers and sharing it with accomplices. Manhattan District Attorney Alvin Bragg says Daria Sewell worked in TD Bank’s anti-money laundering department from 2023 to May 2024, the period she is alleged to have committed the crime. “Through her position […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Infamous Crypto Hacker Behind Nearly $11,000,000,000 Bitfinex Exploit Sentenced to Five Years in Prison

November 16, 2024 The Daily Hodl

Bitcoin

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 – […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Six US Banks Issue Urgent Debit Card Alerts, Forcing Mandatory Replacements for Many, After Third-Party Security Breach

November 16, 2024 The Daily Hodl

bank

Six US banks are reporting potential security breaches of debit cards, with several forcing affected customers to get replacements. In new filings with the Massachusetts state government, Mainstreet Bank, Savers Bank, The Village Bank, Watertown Savings Bank, Webster Five Cents Savings Bank and Eagle Bank say some debit cards may have been compromised following a […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Crypto YouTuber Among Those Arrested for Allegedly Running $231,000,000 Fraud in Korea: Report

November 14, 2024 The Daily Hodl

Bitcoin

South Korean authorities have reportedly arrested 215 individuals who are allegedly behind a cryptocurrency investment scam that defrauded thousands of victims. Yonhap News reports that the suspected perpetrators, including a YouTuber with 620,000 subscribers, received 325.6 billion won, or around $231 million, from 15,304 people who were enticed to invest their money in crypto for […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Man Set Up and Extorted of $500,000 Worth of USDT by Criminals in Hotel Room: Report

November 13, 2024 The Daily Hodl

crypto

A Ukrainian man reportedly lost $500,000 worth of USDT after being set up for a robbery in a Thailand hotel room. The Bangkok Post reports that Viacheslav Leibov, 23, told Thailand police a friend of his invited him to visit a hotel room in Phuket when criminals wearing masks accosted him. The criminals tied him […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Founder of Security Firm SlowMist Warns Against Copy-and-Pasting Sensitive Crypto Information

November 12, 2024 The Daily Hodl

crypto

The founder of the blockchain security firm SlowMist is urging crypto traders to be wary of copy-and-pasting sensitive information. The founder, who goes by the pseudonym Evilcos, tells his 81,300 followers on the social media platform X that whenever he copies something to his clipboard on his iPhone, he will reflexively go to his shortcut […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights