Friday, November 22, 2024
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South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders – Bitcoin News

According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash was transferred to an international exchange. Report Says Do Kwon Allegedly Sold a ‘Large

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13 apps removed after researchers uncover Trojan crypto wallet scheme

Research by cyber security firm ESET has uncovered a “sophisticated scheme” that disseminates Trojan apps disguised as popular cryptocurrency wallets.The malicious scheme targets mobile devices using Android or Apple (iOS) operating systems which become compromised if the user downloads a fake app.According to ESET's research, these malicious apps are distributed

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Hindenburg Research Offers $1M Reward to Uncover Tether’s Backing

Short-selling research firm Hindenburg Research is to offering a bounty of up to $1 million for information that can uncover details about stablecoin Tether’s backing.The firm said it “has doubts” about Tether’s backing and is launching the Hindenburg Tether Bounty Program to encourage a search for previously undisclosed details about

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Crypto Tracking Helps Uncover a Huge Global Child Porn Ring Based in South Korea

Thanks to the tracking characteristics of blockchain technology, United States authorities have been able to uncover the largest international child porn ring ever.It is no news that crypto coins can (and are being) used to finance illegal activities. These activities range from (but are not limited to) aiding money laundering

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