Crypto Crimes
Hacker Breaches Penpie’s Security Protocol to Steal Roughly $27.3 Million in Assets
As several crypto and DeFi companies around the world continue to intensify security measures aiming to reduce the risk of cyberattacks, Penpie’s recent...
Gideonjerry Attah8 September 2024, 11:57 AM WAT
Four Suspects Face 12-Year Jail Terms in Ukraine for Crypto Extortion
As the crypto world continues to evolve, offering more opportunities to individuals, corporate firms, and governments, criminal groups are also trying to capitalize...
Gideonjerry Attah3 September 2024, 10:33 PM WAT
The Growing Threat of Illicit Activity in the Cash-to-Crypto Industry: A Global Regulatory Response
The cryptocurrency industry has often been a double-edged sword, providing financial inclusion and innovative solutions but still poses significant risks due to its...
M.T. Oyelowo2 September 2024, 10:42 PM WAT
August Sees Massive Crypto Losses, Totaling Over $300 Million
In August 2024, the cryptocurrency sector witnessed a significant spike in losses due to various malicious activities, including exploits, hacks, scams, and flash...
M.T. Oyelowo2 September 2024, 10:02 PM WAT
$205K in Stolen Cryptocurrency Repatriated to Users, More Expected
A stolen Bitcoin, previously reported to be dispersed across different exchanges and traced by ZachXBT, is now being repatriated to the original owners...
Olayode Yusuff27 August 2024, 4:10 PM WAT
Crypto Brothers Accused of Defrauding Investors in $60 Million Bitcoin Ponzi Scheme
The Securities and Exchange Commission (SEC) on August 26, 2024, accused two crypto brothers of creating a Bitcoin Ponzi scheme that defrauded people...
Olayode Yusuff27 August 2024, 3:52 AM WAT
Abra Agrees With SEC Over Unregistered Sale of Crypto Asset Charges
After the United States Securities and Exchange Commission (SEC) alleged that Abra Earn constitutes the sale of securities without regulatory approval, Plutus Lending...
Olayode Yusuff26 August 2024, 9:59 PM WAT
French President Emmanuel Macron Denies Involvement in Pavel Durov’s Arrest
French President Emmanuel Macron has firmly denied any involvement in Pavel Durov’s arrest. The Telegram founder was recently detained in Paris, leading to...
Khalid Lawal26 August 2024, 9:33 PM WAT
Fugitive Nigerian Celebrity Claims Cryptocurrency Investments, Not Fraud, Behind Wealth
A fugitive Nigerian celebrity wanted by the Economic and Financial Crimes Commission (EFCC), a body investigating corrupt practices and scams with affiliations to...
Olayode Yusuff26 August 2024, 6:29 AM WAT
Man Involved in Laundering $21 Million Through Tether Pleads Guilty to Crypto Money Laundering
A Rhode Island man has pleaded guilty to laundering $21 million through Tether cryptocurrency before U.S. District Court Judge Angel Kelley. The final...
Olayode Yusuff23 August 2024, 8:57 AM WAT
