This week, $25M in ethereum was stolen, Sonne Finance was hacked, a thief returned stolen crypto, Canada indicted its crypto king, the U.S. blocked a purchase by a Chinese crypto mining firm, Canada took regulatory action against Binance, and two senators were concerned about cryptomixer policy.
A Dutch court Tuesday handed Tornado Cash developer Alexey Pertsev a sentence of five years and four months for money laundering. The 31-year-old Russian national developed and maintained cryptocurrency anonymization software used to launder digital cash worth more than $2 billion.
This week, BTC-e head pleaded guilty; arrests were made in Ponzi scheme, ZKasino case; charges filed in Cred scam; individual and Pike Finance were hacked; Hundred Finance's hacker moved stolen funds; the EU took down an exit scam; the feds probed Block' and crypto scammers were arrested.
This week, SEC filed suit against Geosyn, prosecutors fought dismissed Tornado Cash charges, analyst tracked North Korean crypto laundering, European Parliament OK'd anti-money laundering law, FBI warned of unregistered crypto entities and South Korea may make crypto investigative unit permanent.
A federal judge sentenced former Binance CEO Changpeng Zhao to four months in prison for money laundering violations, a crime the judge said he is unlikely to repeat. The sentencing came more than five months after the former crypto trading heavyweight pleaded guilty.
This week, Samourai Wallet co-founder was arrested, a $45M hack hit Hedgey Finance, El Salvador wallet data leaked, another was charged in the OneCoin case, the SEC wants to fine Terraform Labs, prosecutors want a three-year prison term for CZ, and Thailand cracked down on unauthorized operators.
A New York federal jury has found a hacker guilty of charges that he masterminded and carried out a scheme to fraudulently obtain $110 million in cryptocurrency from crypto currency exchange Mango Markets and investors.
Every week, ISMG rounds up cybersecurity incidents in digital assets. This week, sentencing in the first-ever conviction for hacking a smart contract, indictment in a million-dollar illicit mining, FTX executive's sentencing, Railgun's money-laundering defense and Uniswap's Wells Notice.
This week, Google sued alleged crypto fraudsters, Mango Markets exploiter's trial began, Do Kwon and Terraform Labs are liable for civil fraud, Taiwanese prosecutors indicted ACE Exchange's co-founder, Wormhole nearly gave $40,000 to hackers and a Binance executive pleaded not guilty in Nigeria.
This week, hackers stole from Prisma Finance and demanded praise, a OneCoin head was sentenced to prison, a Tornado Cash co-founder asked for dismissal of charges, FTX said it will repay customers, Singapore has new digital payment token rules, and the BoE and FCA launched Digital Security Sandbox.
This week, Sam Bankman-Fried got 25 years, the U.S sanctioned a Russian fintech, Coinbase can't get out of an SEC lawsuit, Munchables lost millions and had it returned, Curio and ParaSwap had smart contract problems, Hong Kong warned about crypto entities, and TRM Labs reported 2023 crypto trends.
This week, FTX emergency CEO John Ray filleted previous CEO Sam Bankman-Fried, the SEC charged 17 members in a $300 million Ponzi scheme, Hong Kong warned against Bybit, reports said North Korea made half of its revenue from cyberattacks, and police rescued hundreds from a pig-butchering scam center.
This week, amounts for crypto and phishing losses were released, the Bitcoin Fog operator was convicted, the EU approved rules to strengthen sanctions, the federal government sought to recover losses linked to pig butchering, and the Philippines blocked unlicensed crypto websites.
This week, Binance laid off two-thirds of its staff and said it is exiting Nigeria, Chainalysis released 2023 crime statistics, Fantom said it will seek Multichain's liquidation, hackers stole millions from the WOOFi and Seneca crypto platforms, and Hong Kong blocked six fake websites.
This week, progress was made in the FTX case, a hacker testified in the Bitcoin Fog case, an Axie Infinity co-founder and a MicroStrategy account were hacked, the KyberSwap hacker moved funds, the EU has a new AMLA office, and Aleo was breached.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.asia, you agree to our use of cookies.
