Fraud
Interpol Reportedly Issued “Red Notice” for Terra’s Do Kwon
  • Bloomberg cited a text message from South Korean prosecutors, who claimed Interpol has requested law enforcement agencies worldwide “locate and provisionally arrest” Do Kwon.
  • The co-founder of Terraform Labs had previously claimed he was not “on the run”, but his location remains unknown after authorities confirmed he was not in Singapore.
September 26, 2022, 1:54 PM
interpol

Shutterstock

Tether Ordered to Provide Documents Connected to USDT Backing
  • The stablecoin issuer was order to produce a number of financial documents, as well as records of crypto trades, transfers, and its accounts with crypto exchanges.
  • The order was made as part of a case that was started in 2019 by a group of investors, who alleged the company had manipulated the crypto market in 2017.
September 21, 2022, 4:22 PM
tether

Shutterstock

ETHW Replay Exploit Caused by Omni Contract Vulnerability
  • Over the weekend the Ethereum PoW network fell victim to a replay exploit, with the attacker executing the same transaction on two chains at the same time.
  • The exploit was caused by a contract vulnerability in the Omni cross-chain bridge, and did not affect the ETHW network itself.
September 19, 2022, 11:47 AM
hack

Shutterstock

SudoRare Developers Disappear With 519 ETH
  • Blockchain data shows that SudoRare’s developers had emptied the project’s LOOKS liquidity pool only six hours after it was launched.
  • The people behind the project have already deleted SudoRare’s website and social media accounts, taking off with around 519 ETH.
August 23, 2022, 1:12 PM
rug pull

Shutterstock

Jul 20, 2022
DoJ Seizes $500K in Crypto and Fiat From North Korean Hackers
  • The North Korean hackers drew the attention of the U.S. Department of Justice back in May 2021, when a Kansas hospital reported paying $100,000 ransomware payment in BTC.
  • The DoJ was able to trace the ransomware payments to China-based money launderers, as well as uncover a new type of ransomware used to target U.S. health care providers.

Sign of the Department of Justice (DOJ), Washington, DC, September 10, 2016. Mark Van Scyoc/Shutterstock

Jun 2, 2022
CFTC Sues Gemini Over 2017 BTC Futures Contract Evaluation
  • One of the main points of the complaint is that Gemini provided misleading information on how susceptible to manipulation the BTC futures contract could be.
  • The CFTC seeks disgorgement of ill-gotten gains, civil monetary penalties, injunctions relating to registration and trading, and an injunction against further violations of the Commodity Exchange Act.
Apr 28, 2022
Deus Finance Exploited for $13.4M in Flash Loan Attack
  • Blockchain security firm PeckShield noted the attacker used a $143 million flash loan to inflate the price of DEI, allowing him to steal $13.4 million from Deus Finance.
  • This is the second time in two months that a malicious entity had used a flash loan exploit to manipulate the price of digital assets on the DeFi platform.
Apr 27, 2022
Gibraltar to Combat Crypto Market Manipulation With New Rules
  • The legislation will implement new standards for crypto market integrity in Gibraltar, designed to combat insider trading and market manipulation in the sector.
  • DLT providers will now be required to seek out and prevent insider trading, and the publication of misleading information aimed at manipulating the crypto market.
Follow Us