Sahil’s $30M Pump and Dump Celebrity Meme Coin Scheme
Sahil Arora’s involvement in celebrity-backed cryptocurrency schemes has raised eyebrows, with reports suggesting he’s made over $30 million. But a closer look at his operations reveals a complex web of questionable practices and alleged exploitation. This article examines how Sahil leveraged celebrity influence to execute what many consider a significant scam and sheds light on […]
WazirX Plans Maintenance to Recover Balances Post $234M Hack
WazirX’s ability to restore balances and secure assets will determine its future and industry security. The hacked Indian cryptocurrency exchange WazirX has announced a scheduled maintenance period to restore account balances and reverse specific trades. According to a post on the X social platform, the maintenance will occur from 6 pm on August 15 to […]
US DOJ Suggests Severe Charges For AI-aided Crimes
The US DOJ (Department of Justice) has requested that the United States Sentencing Commission revise its guidelines to include penalties for AI-aided offenses. The US DOJ may soon see harsher sentencing due to the use of AI to plot, commit, or cover up a plan.The legal alert issued by the law offices of White & […]
Texas Sees Surge in Bitcoin Scams
Numerous people in Lubbock, Texas, have lost a huge amount of money due to an increase in scams involving Bitcoin. Twenty to thirty people have reported scams using gift cards and Bitcoin transactions to the police in the last several months. Most victims of these scams are older people, who are tricked into thinking their […]
Rain Exchange Hacker Launders ETH via Tornado Cash
This breach and subsequent laundering activity show the continued vulnerabilities faced by centralized exchanges, even those with strong security measures. The hacker responsible for the recent attack on the Rain crypto exchange has begun laundering stolen Ether through Tornado Cash, a popular mixing service. A blockchain security firm, PeckShield, has closely monitored the situation and identified the […]