CZ thanked the Secret Service and industry partners for their rapid response to the $6 billion Binance theft. Investigators say a significant share was frozen, but the amount remains undisclosed—and no final recovery total has been reported.
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The FBI blames North Korea’s TraderTraitor operation for more than $6 billion stolen from Binance, as selected withdrawals resume. Binance says it replaced 95% of affected assets—but that doesn’t mean the stolen funds were recovered.
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TRM estimates that $6.36 billion in crypto moved from Binance-linked wallets across 10 blockchains, but the figure is not a confirmed loss. The attack’s cause and the funds’ final fate remain unclear, even as about $2.7 billion was reportedly frozen or moved beyond the attacker’s reach.
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Ledger has asked Southeast Asian reseller CryptoBilis to pause Ledger-device sales while it investigates suspected supply-chain tampering. Analysts estimate losses of $72M–$90M, but Ledger has confirmed neither the total nor the cause. Recent buyers have been urged to take precautions.
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Ajay Shinjin was jailed for two and a half years over a SIM-swap fraud that cost four victims nearly £200,000 in cryptocurrency. The theft targeted phone numbers and online accounts—not Bitcoin’s network.
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North Korea’s Lazarus Group Escalates Cyberwar, Targets Crypto Developers North Korea’s Lazarus Group has launched a sophisticated cyberattack, stealing nearly $1.46 billion from Bybit and now targeting cryptocurrency developers through the npm repository. This escalation highlights the group’s evolving tactics and the urgent need for enhanced security within the crypto ecosystem. Lazarus Group targets npm […]
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Ho Kai Xin’s Lavish Life Funded by $4.2 Million Crypto Theft from Bybit Ends in Nearly 10-Year Jail Sentence Ho Kai Xin sentenced to almost 10 years in prison Stolen $4.2 million in cryptocurrency from Bybit Manipulated payroll records for personal gain Imagine stealing over $4 million in cryptocurrency and living a life of luxury—until […]
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Crypto Robbers Sentenced to 76 Years for Brutal Cryptocurrency Theft in Greater Manchester In a stark reminder of the risks associated with cryptocurrencies, a gang of robbers in Greater Manchester, UK, has been sentenced to a combined 76 years in prison for a series of violent crimes targeting a single victim. These criminals, driven by […]
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Fake Zoom Links Open a Pandora’s Box of Cryptocurrency Theft A cunning phishing attack has pilfered millions in cryptocurrency from unsuspecting users, employing a deceptive ploy involving counterfeit Zoom links. Blockchain security firm SlowMist has exposed this sophisticated scam, revealing the tactics Russian-speaking hackers used to deploy malware disguised as Zoom meeting invites. Phishing attack […]
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South Korea Strikes Back: Sanctioning North Korean Hackers Amid Rising Crypto Thefts In a cyber heist of epic proportions, North Korean hackers managed to siphon $1.34 billion from the world of cryptocurrencies in 2024. These stolen funds are suspected of bolstering North Korea’s notorious weapons programs, highlighting a new level of sophistication and audacity in […]
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