Himachal Crypto Scam: SIT Arrests 8 More, Including 4 Cops
The Special Investigation Team (SIT) in Himachal Pradesh has arrested 8 more people, including 4 police officers, in connection with a massive cryptocurrency scam worth Rs 2,500 crore. The scam has affected over 1 lakh people, including 5,000 government employees. The Special Investigation Team (SIT) in Himachal Pradesh has continued its crackdown on a huge […]
Hong Kong, Macau Police Arrest Individuals in JPEX Fraud Case
Hong Kong and Macau authorities recently announced arrests concerning the JPEX crypto exchange fraud case as they are searching for additional suspects. Radio Television Hong Kong reported on September 29 that two Hong Kong men implicated in the JPEX case were arrested. According to the report, the two created accounts in Macau-based casinos to allegedly […]
Mixin Network Offers $20M Bug Bounty Following $200M Hack
Following the $200 million exploit on September 23, Mixin Network has sent a message to the hacker responsible, offering a bug bounty of $20 million to return the remaining funds. As most of the stolen funds were user assets, Mixin Network encrypts the message accompanying the exploiter transaction, requesting the return of the funds. “Most […]
Former Deutsche Bank Exec Admits Role in ‘R3 Crypto Fund’
For his part in the fraudulent cryptocurrency trading operation, Rashawn Russell faces up to 30 years in prison. An ex-investment banker at Deutsche Bank, previously charged earlier this year in connection with a fraudulent cryptocurrency trading scheme, has admitted guilt in committing investment fraud. He potentially faces a maximum prison sentence of 30 years. According […]
North Korea Hackers Transfer $21.9M To Russian Exchange
Chainalysis discovered that North Korean hackers stole $21.9 million in cryptocurrencies and sent it to a Russian cryptocurrency exchange notorious for illicit operations. Recently, Chainalysis revealed alarming findings indicating North Korean hackers have funneled $21.9 million in stolen cryptocurrencies to a notorious Russian cryptocurrency exchange that facilitates illicit transactions. This disclosure sheds light on a broader […]