Irina Dilkinska, the former head of compliance at OneCoin, has pleaded guilty to charges of wire fraud and money laundering. Dilkinska, who served as “Head of Legal and Compliance” for the cryptocurrency project, admitted to facilitating the laundering of millions of dollars in illicit profits. Despite her position, she actively participated in the day-to-day operations […]
Taiwanese prosecutors have identified two new suspects in the ongoing investigation of the JPEX scandal. Chang Tung-Ying, the chief partner of JPEX’s Taiwan Office, and JPEX lecturer Shih Yu-sheng are now under scrutiny for alleged fraud. The Taipei District Prosecutors Office has formally requested their custody, citing violations of the Banking Act and the Money […]
Former US President Donald Trump’s cryptocurrency holdings have experienced a significant surge in value, according to recent disclosures. Trump’s wallet, previously estimated at $2.8 million, has seen an increase of over $15,000 in the last 24 hours due to Bitcoin’s recent rally. This surge not only highlights the growing importance of digital assets but also […]
Circle, the issuer of the USD Coin (USDC) stablecoin, is reportedly considering an initial public offering (IPO) next year. The company has initiated discussions with advisors to facilitate the IPO process. While the exact valuation Circle is aiming for remains undisclosed, it is worth noting that the company had a $9 billion valuation during its […]
MaestroBots, a popular cryptocurrency trading bot on the Telegram messenger app, has taken swift action to refund users who were affected by a recent smart contract exploit. The incident occurred on October 24, targeting a total of 280 ETH. The Maestro team immediately responded by refunding the impacted users and allocated 610 ETH from their […]
MaestroBots, a prominent cryptocurrency trading bot on the Telegram messenger app, has taken swift action to refund users affected by a recent smart contract exploit. The incident occurred on October 24, targeting a total of 280 ETH. The Maestro team immediately responded by refunding the impacted users and announced their commitment to user security and […]
China’s government is reportedly holding a significant amount of Bitcoin (BTC) in its national treasury. According to Ki Young Ju, the CEO of CryptoQuant, China seized 194,000 BTC from the PlusToken scam in 2019, making it one of the largest BTC whales. This move is surprising considering China’s anti-crypto stance. However, Ki suggests that owning […]
Cryptocurrency exchange Bitfinex recently experienced a phishing attack on one of its customer support representatives. However, the attack was unsuccessful, as the targeted agent had limited access to valuable information. Bitfinex reassured its users that none of their data or assets were compromised, and the exchange’s operational systems remained unaffected. While Bitfinex has reported the […]
The court trial for Avraham Eisenberg, the hacker responsible for the $114 million exploit of Mango Markets, has been postponed to April 2024. Eisenberg’s lawyers argued that various factors had hindered their client’s trial preparation, leading to the judge granting a continuance. In October 2022, Eisenberg drained approximately $114 million from Mango Markets by exploiting […]
Newly-released audio has surfaced on social media featuring an interview with Sam Bankman-Fried, the disgraced founder of FTX. In the interview, conducted during his house arrest, Bankman-Fried reflects on the idea of life in prison and admits to feeling guilt and culpability for the harm he has caused. Despite not wanting to think about the […]
