A $61M Iran Crypto Seizure Put Binance Accounts Under Scrutiny; Now Prosecutors Testing What the Exchange Knew
Binance had already reviewed the two firms months before a US court filing detailed an alleged $1.5 billion…
Alex Reeve • 4 min read
Celsius Sent 350 Bitcoin to Top Up a BitMEX Position; 8 Minutes Later, It Was Liquidated. Estate Sues
The Celsius estate is seeking 6,360 Bitcoin over two March 2020 liquidations, including a second position that lost…
Alex Reeve • 4 min read
North Korea Used Fake Recruiters and Job Applicants in Crypto Hiring Scheme
A suspected North Korean IT worker applied to bitFlyer with a forged résumé. Investigators later tied the application…
Alex Reeve • 3 min read
Robinhood Engineers Face Up to 30 Years Over Claims They Used a Restricted Slack Channel to Make $50,000+ Each
Prosecutors say Hefu Chai and Huaisong Xiang traded Hyperliquid perps on MOODENG, MEW, HYPE and other tokens before…
Alex Reeve • 4 min read
X Uncovers Suspected Chinese Network Trying to Shape Narrative on AI Data Centers
X says 200 accounts inside a suspected 200,000-account Chinese network pushed claims linking AI data centers to household…
Alex Reeve • 3 min read
Chinese Hackers Used Hijacked Routers to Hide Attacks on NASA, Federal Reserve and US Senate Since 2018
U.S. authorities seized the infrastructure behind two hacking platforms after investigators linked them to a Chinese state-sponsored group…
Alex Reeve • 4 min read
Zuckerberg’s Meta Settles US Kids Case for Up to $17.1B Before Verdict, But It Won’t Pay All at Once
Meta will pay the settlement over 10 years, with about $5.3 billion of the $17.1 billion maximum contingent…
Alex Reeve • 4 min read
Las Vegas Man Convicted After Selling Investors Fake ‘AI Supercomputer’ 30% Crypto Returns, Faces 280 Years
Kovar guilty of 11 counts of wire fraud, two counts of mail fraud and two counts of money…
Alex Reeve • 3 min read
Bankman-Fried’s Lieutenants Wang and Ellison Escaped New Fines as CFTC Resolves Cases After FTX Fraud
Decision to waive fresh penalties underscores a prioritisation of asset recovery over punitive civil deterrence.
Alex Reeve • 4 min read
Crypto Ponzi Suspect Who Promised 25% Monthly Returns Finally Caught After Prior Conviction and Dutch Arrest
Zimbardi, 59, of Flowery Branch, Georgia, was deported from Fiji on Aug. 14 and taken into FBI custody…
Alex Reeve • 4 min read
Hackers Use Apple Screen Sharing to Hijack Macs and Earn Crypto
The NCSC said it received reports of active exploitation on multiple systems with port 5900 reachable from the…
Alex Reeve • 4 min read
Trump Opens Door for Private Firms to Hack Foreign Cybercrime Gangs Under New White House Cyber Program
A presidential memorandum signed on August 12 directs the National Coordination Center to establish a programme allowing participating…
Alex Reeve • 4 min read
Crypto Whale Loses $25M in 15 Minutes Three Years After $24M Phishing Hit
Two wallets belonging to the same victim were emptied on Aug. 12, with DAI, WBTC, aUSDC, LDO, sUSDe,…
Alex Reeve • 4 min read
Black Hat Researchers Sound Alarm: AI Builds Nation-State-Grade Exploit in Under a Day With Fewer Than 20 Prompts
The vulnerability allowed a malicious participant in a Zoom meeting to execute code on another participant's device through…
Alex Reeve • 4 min read
Nearly $400M Crypto Scheme Funded CEO’s Mansions, Lamborghinis and Yacht as CFTC, SEC Sue
The Commodity Futures Trading Commission said Tuesday that Goliath Ventures Inc. and CEO Christopher Alexander Delgado collected at…
Alex Reeve • 4 min read
Social Media Companies Just Got a Much Bigger Legal Problem as Addiction Lawsuits Clear Major Hurdle
A federal appeals court has allowed more than 3,000 lawsuits against Meta, Google, TikTok and Snap to continue.
Alex Reeve • 3 min read
Coinsbuy Loses $7.9 Million in Cross-Chain Attack as Stolen Funds Race to Monero, Six Figures Frozen
The drain was flagged by on-chain analyst Specter at about 13:00 UTC on Aug. 9, according to reports…
Alex Reeve • 3 min read
Missouri Crew Took Air Rifles to Bitcoin Heist, Quit Over Security Cameras Before Florida Group Kidnapped Parents
A Missouri crew allegedly travelled to Connecticut with air rifles and walkie-talkies to carry out a home invasion…
Alex Reeve • 4 min read
Sam Bankman-Fried Runs Out of Options After Second Circuit Closes Appeal, 25-Year Prison Sentence Stands
Sam Bankman-Fried’s effort to overturn his fraud conviction reached the end of the federal appeals court process after…
Alex Reeve • 4 min read
Researcher Spent 22 Months Inside North Korean Hackers’ Network, Finds Crypto Was the Main Target in 1,640 Breaches
A cybersecurity researcher spent 22 months monitoring infrastructure linked to North Korean hackers and identified 1,640 breached companies,…
Alex Reeve • 3 min read
FBI Supervisor Memorized Crypto Seed Phrases Before Moving $1 Million from Foreign Crypto Wallets, Court Says
A veteran FBI counterintelligence supervisor allegedly memorized cryptocurrency recovery seed phrases from wallets seized during a national security…
Alex Reeve • 4 min read
What Really Happened Behind the Largest Verified Coldcard Bitcoin Theft That Drained 594.48 BTC From 500 Wallets in 15 Minutes
Nearly 600 bitcoin disappeared from hundreds of Coldcard hardware wallets in just over 15 minutes last week, but…
Alex Reeve • 4 min read
US Government Files Lawsuit to ‘Arrest’ $2.1M Ethereum Wallet After FBI Traces Pig-Butchering Scam
FBI traced alleged pig-butchering proceeds through 76 wallets before filing a civil forfeiture case.
Alex Reeve • 3 min read
Telegram Founder Faces Life Sentence as Russia Alleges Dating Bot Recruited 46 Young People for Sabotage
Authorities claim a Telegram chatbot was used to recruit young people for alleged sabotage operations.
Alex Reeve • 4 min read
Hamas-Linked Crypto Network Faces US Sanctions After TRON Wallets Linked To $38.6M Flows Flagged
US Treasury designated three individuals and seven TRON wallets after tracing $38.6 million in flows.
Alex Reeve • 3 min read
Meta Engineer Arrested After Admitting Explicit Chats With Person He Believed Was 13
Engineering manager was placed on leave after police alleged he exchanged explicit messages in an undercover sting.
Alex Reeve • 3 min read
Congress Can’t Stop a Pardon, but the Senate Just Put Itself on Record Against Sam Bankman-Fried
A bipartisan, nonbinding resolution says the FTX founder should receive no pardon, commutation or other federal relief, even…
Alex Reeve • 3 min read
Tether’s Latest Freeze Highlights Its Expanding Role in Sanctions Enforcement
The latest TRON wallet freeze adds to a series of sanctions-related actions involving Iran, Venezuela and militant groups.
Alex Reeve • 3 min read
Justice Department Moves to End BitClub Fraud Case Months Before Trial
The government seeks to dismiss one of crypto's longest-running fraud prosecutions after nearly seven years of litigation.
Alex Reeve • 3 min read
Cambridge Study Finds Boko Haram Using ChatGPT, Claude, Gemini and Grok to Plan Attacks
Researchers say interviews with militants reveal AI is moving beyond propaganda into operational support for extremist groups.
Alex Reeve • 3 min read
BonkDAO Wallet Investigation Uncovers Years-Old On-Chain Trails
Blockchain analysis traces attack wallets through BONK votes, Solana activity and exchange deposits.
Alex Reeve • 4 min read
When Governance Became the Attack: Inside BonkDAO’s $20 Million Treasury Drain
Treasury transfer executed automatically after a wallet bought enough BONK to meet the DAO quorum
Alex Reeve • 3 min read
Crypto Lost $65.9M in June, Not to Zero-Day Bugs but to Preventable Mistakes
Compromised credentials, excessive privileges and bridge validation failures accounted for most crypto losses last month, according to blockchain…
Alex Reeve • 3 min read
Guo Wengui Sentenced to 30 Years in Case Tying Crypto, Politics and $1 Billion Fraud
Self-exiled businessman built a global following around anti-CCP activism before prosecutors said he used media, tokens and investment…
Alex Reeve • 5 min read
The Interface Becomes the Attack Surface: Polymarket’s $3M Frontend Supply-Chain Exploit
A third-party vendor compromise injected malicious scripts into Polymarket’s frontend, draining roughly $3 million and exposing how decentralized…
Alex Reeve • 3 min read
SecondFi’s Wallet Exploit Exposes the Fragility of Self-Custody
A flaw in SecondFi’s wallet generation software drained user funds and raised urgent questions about the security promises…
Alex Reeve • 2 min read
A Nagoya Front Company, a Fake Token, and a Fentanyl Network
A Chinese network tied to fentanyl precursor trafficking appears to have used a Nagoya front company and a…
Alex Reeve • 3 min read