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
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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
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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
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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
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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.
Jun 30, 2022
Major Leak of OpenSea Customer Emails
- According to the NFT marketplace, its customers’ emails were leaked to an outside party by an employee of Customer.io.
- The company has reported the incident to law enforcement officials, and reminded its customers to be weary of phishing attacks.
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.
Apr 18, 2022
Beanstalk Farms Loses $182M Following Exploit
- A flash loan allowed the attacker to obtain enough Beanstalk governance tokens to pass two proposals, enabling him to drain the protocol’s funds.
- The malicious entity was able to steal 24,830 ETH and 36 million BEAN tokens, which were then laundered through TornadoCash.