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NYC officials bust Facebook-fueled crypto scam targeting Russian-speaking residents
Authorities in New York uncovered a fraudulent cryptocurrency operation linked to Facebook, which led to financial damages exceeding one million dollars and affected over three hun...
Read Full Article →South Korean crypto CEO acquitted of $650 million fraud charges, months after stabbing incident: rep...
The CEO of a South Korean cryptocurrency company was found not guilty of charges related to an alleged $650 million loss affecting thousands of investors after the firm halted with...
Read Full Article →Sonic Labs secures court order to liquidate Multichain Foundation to recoup losses from $210 million...
Sonic Labs obtained a legal ruling to dissolve Multichain Foundation in order to recover a substantial portion of the funds lost during the 2023 security breach totaling $210 milli...
Read Full Article →Crypto industry losses reach $92 million in April due to DeFi exploits: Immunefi
In April, the crypto sector experienced losses totaling $92 million from DeFi exploits, contributing to a year-to-date total of $1.74 billion, heavily influenced by a significant i...
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