Crypto Hacks and Scams Cost $300 Million in August
In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to…
Auto Added by WPeMatico
Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m – Certik
The deployer account for LSC drained over $1 million in tokens from the project, then swapped them to BUSD using PancakeSwap.
Tragedy or rug-pull? Inside the collapse of a ‘charitable’ NFT project
Orica NFT's charity efforts have succeeded, but its token holders have not, and up until now, its co-founder was nowhere to be found.
Project takes off with $31.6M in alleged exit scam
On-chain detective ZachXBT believes that the project has “likely exit scammed” after bridging $31.6 million to multiple addresses on Tron and Ethereum.
Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull
Defrost Finance had not publicly commented on the rug-pull accusations in the media, until now.
Albanian Court Approves Extradition of Crypto Exchange Thodex Founder to Turkey
A court in Albania has ordered the extradition of the fugitive founder of cryptocurrency exchange Thodex to Turkey, where he is sought for fraud and other crimes. Faruk Ozer was…
Crypto scammers are using black market identities to avoid detection: CertiK
The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.
Prosecutor Seeks Thousands of Years of Prison for Missing CEO of Turkish Crypto Exchange Thodex
Members of the team of the now defunct Turkish crypto exchange Thodex may receive thousands of years in prison, if the court backs the prosecutor’s plea in the case. The…