3+ day, 8+ hour ago   (474+ words) The 22-year-old Singaporean faces up to 20 years in prison after admitting to a RICO conspiracy involving the theft of over 4,100 BTC through social engineering schemes Malone Lam, a 22-year-old Singaporean national living in Miami, pleaded guilty to participating in a…...

3+ day, 14+ hour ago   (300+ words) Steven Likos and Archie Rice face penalties after the CFTC found they misled customers and misappropriated funds. The US District Court for the Southern District of Florida has entered consent orders against Steven Likos and Archie Rice after finding the…...

4+ day, 15+ hour ago   (436+ words) The largest DeFi exploit at the time ended with a plot twist: the attacker gave the money back and claimed it was all about exposing a bug. On August 10, 2021, someone drained roughly $610 million from Poly Network, a cross-chain interoperability protocol…...

4+ day, 19+ hour ago   (440+ words) The hedge fund giant is taking another swing at the LME after courts rejected its earlier $456 million claim over cancelled nickel trades from the 2022 crisis. Elliott Investment Management has filed a fresh lawsuit against the London Metal Exchange, this time…...

5+ day, 12+ hour ago   (534+ words) Malone Lam, 22, faces a minimum 14-year sentence after allegedly helping steal over 4,100 Bitcoin through a social-engineering scheme targeting a wealthy Washington investor. The oldest trick in the con artist’s handbook, updated for the crypto age: call someone pretending to be…...

5+ day, 16+ hour ago   (356+ words) The 22-year-old Singaporean faces the first-ever Bitcoin-related RICO prosecution after allegedly leading a crew that stole more than 4,100 BTC from a single victim. Malone Lam, the 22-year-old alleged ringleader of a criminal enterprise accused of swiping more than 4,100 Bitcoin from…...

5+ day, 20+ hour ago   (356+ words) The Wave 3 perpetrator laundered roughly 97 BTC worth $7.8 million while 82% of all stolen Coldcard funds remain parked in attacker-controlled wallets The hacker behind the third wave of Coldcard hardware wallet exploits has started cashing out, routing approximately 97.09 BTC, worth about $7.8 million,…...

1+ week, 1+ day ago   (407+ words) A broken data-deletion promise from fulfillment partner ShipMonk has pushed Trezor's total breach count to roughly 80,700 affected customers. Trezor built its reputation on keeping private keys safe. The company has less control, it turns out, over what its shipping partners…...

1+ week, 2+ day ago   (418+ words) The Swiss non-custodial Bitcoin service says unauthorized access to its support system compromised personal data for 5,411 customers, though no funds were at risk. Pocket Bitcoin, a regulated non-custodial Bitcoin purchasing service based in Switzerland, disclosed that a security breach in…...

1+ week, 4+ day ago   (476+ words) James Velissaris inflated net asset values at Infinity Q Capital by manually adjusting OTC swap prices while telling investors a third-party system handled everything A federal court has granted summary judgment in favor of the Commodity Futures Trading Commission in…...