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Tom Mitchelhill reports via CoinTelegraph: Crypto exchange FTX used hidden Python code to misrepresent the value of its insurance fund — a pool of funds meant to prevent user losses during huge liquidation events — according to testimony from FTX co-…
Bitcoin creator Satoshi Nakamoto may or may not be businessman Craig Wright, who in 2015 founded the blockchain-tech company nChain.
But nChain’s recently-departed CEO Christen Ager-Hanssen’s thinks Wright is not Satoshi — and that’s just the b…
By Deeba Ahmed
The fired individuals included on-contract security guards who worked for Meta and could access an internal tool for employees.
This is a post from HackRead.com Read the original post: Some Meta Employees and Security Guards Hacked User …
James Hunt reports via The Block: A group of FTX U.S.-based employees stumbled across a backdoor for its affiliated trading firm Alameda Research months before the crypto exchange collapsed in Nov. 2022, the Wall Street Journal reported, citing people …
By Waqas
The crypto scammers convinced a victim in the United States to transfer their Bitcoin to a Kraken cryptocurrency account that the victim did not control.
This is a post from HackRead.com Read the original post: US Police Recover $3M Stolen by …
MacKenzie Sigalos writes via CNBC: Sam Bankman-Fried, the alleged crypto criminal who stands accused of masterminding one of the biggest financial frauds in U.S. history, was considering paying Donald Trump $5 billion not to run for president, accordin…
By Waqas
A Russian crypto money launderer and drug trafficker has been sentenced to 11.5 years by the Ryazan region of Russia.
This is a post from HackRead.com Read the original post: Russian Court Jails Crypto Money Launderer for 12 Years
Bankrupt crypto exchange FTX is looking to claw back luxury property and “millions of dollars in fraudulently transferred and misappropriated funds” from the parents of Sam Bankman-Fried, the exchange’s disgraced ex-CEO and founder. CNBC reports: In a …
Global cryptocurrency exchange CoinEX announced that someone hacked its hot wallets and stole large amounts of digital assets that were used to support the platform’s operations. BleepingComputer reports: The incident occurred on September 12 and preli…
Agence France-Presse reports that “Two years ago, El Salvador shrugged off a chorus of warnings and adopted Bitcoin as legal tender in a bid to revitalize its economy and improve access to financial services.
“It has not worked… Economist Cesar Vil…