Scams

A South Korean judge has reportedly thrown out a recent arrest warrant issued for Terra (LUNA) founder Do Kwon’s associates. According to a new report by local publication Yonhap News, Hong Jin-Pyo, the chief judge in charge of…

Staked Binance Coin on decentralized finance (DeFi) protocol Ankr (aBNBc) has plummeted by over 90% after hackers exploited the token. Blockchain security company PeckShieldAlert initially broke news of the hack.“Seems like Ankr…

Disgraced FTX founder Sam Bankman-Fried is opining about the amounts that creditors of the embattled crypto exchange will receive in compensation. In a new interview with YouTuber Tiffany Fong, Bankman-Fried says that creditors of…

The bankrupt crypto lending platform BlockFi is suing Sam Bankman-Fried’s holding company to recover collateral. According to a recent complaint filed in a court in New Jersey, BlockFi says it “seeks to enforce the terms of a…

Analytics firm Arkham Intelligence is unveiling the financial tracks of FTX’s sister company Alameda Research days before the now-defunct crypto exchange filed for chapter 11 bankruptcy. Arkham says the trading firm withdrew $204…

Youtuber Bitboy Crypto, aka Ben Armstrong, alleged the FTX exchange and Canadian entrepreneur Kevin O’Leary were pivotal figures in taking down Celsius.The crypto lending and borrowing platform halted withdrawals on June 13 to stabilize…

An eight-episode series based on the fall of Sam Bankman-Fried and his FTX crypto exchange is reportedly in the works at Amazon Prime Video. According to Variety, the online retail giant’s streaming service has tapped Joe and…

Community members of lending and borrowing platform Aave (AAVE) are submitting a governance proposal in the wake of an unsuccessful attempt to exploit the decentralized finance (DeFi) protocol. According to the AAVE community, a…

The co-founder and chief executive of on-chain data analytics firm CryptoQuant is revealing that a stash of seven-year-old Bitcoin (BTC) linked to the hacking of the Mt. Gox exchange in 2014 is on the move. CryptoQuant CEO Ki Young…

The U.S. Department of Justice (DOJ) is announcing the arrest of two Estonian citizens in connection with an alleged crypto money laundering scheme. In a new press release, the DOJ says the two individuals were arrested in Estonia…

Crypto analytics firm Nansen is turning to on-chain data to take a deeper look at the relationship between embattled crypto exchange FTX and its affiliated trading firm Alameda Research. In a new report, Nansen says it conducted a…

Blockchain and decentralized finance (DeFi) focused security platform Certik’s investigation led to the discovery of the professional “KYC actors” who bypass KYC processes to scam crypto communities, according to a Nov. 17 Certik blog…

Disgraced FTX founder Sam Bankman-Fried is speaking his mind following the crash of his crypto empire in a direct message conversation with a Vox reporter. During a Twitter exchange with Vox reporter Kelsey Piper, Bankman-Fried…

Former Kraken chief executive Jesse Powell thinks the mainstream media shares some of the blame for the FTX fiasco that rocked the crypto world last week. Powell took aim at a New York Times article about FTX CEO Sam Bankman-Fried…

Coinbase CEO Brian Armstrong is weighing in on the collapse of crypto exchange FTX, saying that the firm’s CEO Sam Bankman-Fried probably committed some form of fraud during the ordeal. In a new interview on the All-In Podcast,…

Tech billionaire and new Twitter CEO Elon Musk says he turned down a meeting with Sam Bankman-Fried earlier this year after the former crypto billionaire gave off some red flags. First shared by Internal Tech Emails, which posts…

Binance CEO Changpeng Zhao is warning people after FTX’s collapse to avoid crypto projects that are displaying five key red flags. Zhao tells his 7.5 million Twitter followers what to look out for when getting involved with…

Nick Percoco, the CSO of Kraken Exchange, tweeted just an hour ago in response to Mario Nawfal that the Kraken team now knows the identity of the user that hacked FTX.We know the identity of the user.— Nick Percoco (@c7five) November 12,…

The U.S Treasury Department is redesignating the sanction it imposed against crypto mixing service Tornado Cash earlier this year due to the protocol allegedly having ties to North Korea’s nuclear weapons program. The Treasury…

The U.S. Internal Revenue Service’s (IRS) criminal chief says that the agency is reportedly building hundreds of crypto tax evasion cases. According to a new report by Bloomberg Tax, IRS criminal head Jim Lee says that the agency’s…