Sign of the Department of Justice (DOJ) in Washington, DC on September 10, 2016. Mark Van Scyoc/Shutterstock
- Agents from IRS-CI used Chainalysis tools and managed to identify Individual X, from whom the funds were seized.
- The civil complaint is a mere standard procedure aiming to prove that the seized assets are subject to forfeiture.
Image from Freepik
- The Wine Swap exit scam took place on 13 October on the Binance Smart Chain, and was responsible for the loss of $345,000 worth of crypto.
- Using on-chain analysis, Binance was able to identify the culprit, and eventually recover $344,000 of the lost funds, which are now being returned to their rightful owners.
Image by Ledger
- While the Ledger team managed to respond within 48 hours of the start of the phishing campaign, attackers are continuing to switch domains to keep going.
- The criminals are supposedly using phishing emails and text messages to effectively redirect users to a cloned website closely resembling the original version.
President Donald Trump with a serious look as he delivers a speech at a campaign rally held at the Mohegan Sun Arena in Wilkes-Barre, PA on August 2, 2018. Evan El-Amin/Shutterstock
- The scheme promised "evidence that completely discredits mr trump" if people sent enough cryptocurrency to a designated Monero address.
- Another Monero address was available where people who didn't want the "evidence" to be released could send cryptocurrency.
Illustration from Shutterstock
- According to the latest Chainalysis data, approximately $275 million worth of crypto has been compromised in the KuCoin hack.
- While most of the stolen funds are currently frozen, hackers have managed to exchange some of the tokens through certain DEXs.
Photo from Freepik
- The hackers reportedly obtained the private keys to the wallets and transferred ETH and ERC-20 tokens to an unknown address.
- The exact size of the compromised funds is still not confirmed, but estimates currently place the loss at around $150 millio.
Gangnam-gu (Gangnam district) in Seoul, South Korea where Coinbit's headquarters resided. Flickr
- The Seoul Metropolitan Police has estimated that Coinbit netted around 100 billion won ($84 million) through wash trading.
- The investigation alleges that the exchange faked up to 99% of its trading volume between August 2019 and May 2020.
LinkedIn office in Toronto, Canada on 2 June, 2016. Wikimedia Commons
- The group used fake job postings on the social network to enable the scheme.
- The job offers would contain a document that would execute malicious code when opened, implanting malware and extracting crypto-related information.
Illustration from Investopedia
- According to the CySEC memo, none of the seven blacklisted companies had been granted approval for providing investment services in the country.
- One of the websites went as far as to promote its ability to double a person's BTC in 60 seconds .
Tor browser wallpaper. HipWallpaper
- The hackers focused primarily on mixer services and other cryptocurrency-related websites.
- At present, their reach has been reduced to only 10%, but a full solution is yet to be implemented.