Sam Bankman-Fried Denies Stealing Funds in New Online Post
The former FTX CEO ascribed FTX and sister company Alameda’s collapse to the crypto market meltdown and inadequate hedging. Source
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Stealing
Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government – Featured Bitcoin News
An Ohio man has pleaded guilty to stealing over 712 bitcoin that was “seized” by the U.S. government in another criminal case. He has agreed to forfeit some bitcoin, ether, and dogecoin as part of his plea. “Due to the increase in market prices, the total value of these forfeitable
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Brother of Criminal Bitcoin Mixing CEO Pleads Guilty to Stealing 712 Bitcoins From IRS
He also “spent bitcoin extravagantly” at strip clubs and on private jet flights. Photos recovered from his cell phone show a lavish evening out at a club: Gary bathing in a tub full of cash, a blissful smile on his face as scantily-clad dancers mingle behind him. A text reveals
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North Korean hackers stealing NFTs using nearly 500 phishing domains
Hackers linked to North Korea’s Lazarus Group are reportedly behind a massive phishing campaign targeting non-fungible token (NFT) investors — utilizing nearly 500 phishing domains to dupe victims.Blockchain security firm SlowMist released a report on Dec. 24, revealing the tactics that North Korean Advanced Persistent Threat (APT) groups have used
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Two US Men Sentenced For Stealing Crypto Using ‘SIM Swapping’
Two men from Massachusetts, have been sentenced to serve time in prison for an "extensive scheme to take over victims' social media accounts and steal their cryptocurrency using techniques such as SIM swapping," according to a press release by the Justice Department. Original Source
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Nexo responds to accusations of stealing donations, siphoning funds from charity
Cryptocurrency lending platform Nexo has hit back at what it called “fake news” and rumors that its founders were part of a charity embezzlement scandal, saying the claims are untrue and defamatory. It has issued a public cease and desist notice to the originator of the allegations.In a blog post
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DOJ Indicts Cryptsy Exchange Founder for Stealing $1M in Crypto
The U.S. Department of Justice (DoJ) has indicted Project Investors Inc. (also known as Cryptsy) CEO and founder Paul Vernon for stealing $1 million from wallets that the now-defunct crypto exchange controlled, the agency announced Wednesday.In a 17-count indictment that was unsealed in federal court in Miami, the DOJ charged
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‘Less sophisticated’ malware is stealing millions: Chainalysis
Cryptojacking accounted for 73% of the total value received by malware related addresses between 2017 and 2021, according to a new malware report from blockchain analysis firm Chainalysis.Malware is used to conduct nefarious activity on a victim’s device such as a smartphone or PC after being downloaded without the victim’s
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