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Crypto giants launch ‘Beacon Network’ to track and freeze stolen crypto
21.8.2025
The Beacon Network is an “end-to-end kill chain for illicit crypto assets, moving from detection to action in minutes rather than days,” TRM Labs said
Coinbase Reveals Role in US Secret Service Seizure of $225 Million in Stolen Crypto
25.6.2025
Coinbase has revealed its involvement in a law enforcement operation where the U.S. Secret Service (USSS) seized $225 million in USDT linked to “pig butchering” scams. These scams, which often begin with fraudulent romantic or business relationships, have resulted in substantial financial losses...
Stolen Crypto Traced: Ugandan Police Arrest Suspect in Blockchain Educator’s Abduction
28.5.2025
Ugandan law enforcement has arrested Phineous Biira, a suspect in the abduction of crypto educator Festo Ivaibi on May 17. Suspect Has Criminal Record Ugandan law enforcement has arrested one of the suspects involved in the abduction crypto trader and educator Festo Ivaibi on May 17. The arrest...
Loopscale hacker in talks to return stolen crypto
28.4.2025
The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol said. The exploiter pilfered approximately 5.7 million USDC (USDC) and 1,200 Solana (SOL) tokens from two of Loopscale’s yield vaults...
Loopscale hacker in talks to return stolen crypto
28.4.2025
The hacker behind the $5.8 million recent Loopscale exploit is in talks to return the stolen funds in exchange for a bounty, the Solana-based protocol said. The exploiter pilfered approximately 5.7 million USDC (USDC) and 1,200 Solana (SOL) tokens from two of Loopscale’s yield vaults...
Bybit Founder Exposes Hack Flows: 86% of Stolen Crypto Traced to 9,117 Bitcoin Wallets
20.3.2025
In late February, Bybit fell victim to a cybersecurity breach that drained over $1.4 billion in digital currency. Nearly three weeks later, on March 20, Bybit founder Ben Zhou released a comprehensive analysis detailing the attack’s mechanics and response protocols. Crypto’s Dark Maze Zhou revealed...
How North Korea Launders Billions in Stolen Crypto
7.3.2025
The Hermit Kingdom, which intelligence agencies say was behind the $1.5 billion Bybit hack, faces “offramping” challenges due to the size of its hauls
US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint
6.10.2024
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hacking groups Lazarus Group and Advanced Persistent...
Indonesian crypto exchange Indodax goes offline after suspected $22M hack
11.9.2024
The breach compromised hot wallets on Indodax, resulting in the loss of Bitcoin, Ether, Tron, Polygon, and Optimism. Indodax has temporarily suspended operations
CZ and Binance face new lawsuit for alleged laundering of stolen crypto
21.8.2024
One legal expert says if the class action lawsuit progresses, it could put the "efficacy of blockchain analytics itself" on trial.
Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year
9.8.2024
Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights the company’s commitment to improving cryptocurrency security. Binance Recovers $73 Million...
North Korea Laundered $147.5M in Stolen Crypto Through Tornado Cash: UN
15.5.2024
The North Korean perpetrators reportedly laundered stolen cryptos through Tornado Cash crypto mixer in March, UN sanctions monitor noted.
The post North Korea Laundered $147.5M in Stolen Crypto Through Tornado Cash: UN appeared first on Cryptonews
Crypto Scam Update: Stolen $71M WBTC Loot Distributed Among Multiple Wallets
8.5.2024
Stolen crypto funds tied to a recent $71 million wallet impersonation scam have started moving after six days.
The post Crypto Scam Update: Stolen $71M WBTC Loot Distributed Among Multiple Wallets appeared first on Cryptonews
North Korean Lazarus Group Allegedly Laundered Over $200 Million in Stolen Crypto from 2020 to 2023
30.4.2024
These illicit funds were obtained through over 25 crypto hacks orchestrated by the Lazarus Group, which has gained infamy since its emergence in 2009.
The post North Korean Lazarus Group Allegedly Laundered Over $200 Million in Stolen Crypto from 2020 to 2023 appeared first on Cryptonews
“Magic: The Gathering” Cards Used in Possible Cashout by Uranium Finance Hacker
8.12.2023
Source: Pixabay A hacker who targeted the Uranium Finance DeFi platform in 2021 may have attempted to launder their stolen crypto gains by using “Magic: The Gathering” trading cards. Pseudonymous blockchain sleuth ZachXBT posted an X thread on Thursday which detailed a series of moves...
Binance Client Executives Kidnapped, Forced to Empty Crypto Wallets — CZ Says Total Loss Was $12.5 Million
13.11.2023
Binance CEO Changpeng Zhao (CZ) has shared a story of how executives of a Binance client were abducted and forced to empty their crypto wallets. CZ detailed how the cryptocurrency exchange was able to track the transactions and freeze over 94% of the stolen funds. CZ Shares Story of How Binance...
Crypto Exchange Kraken Helps UK Police Return $2 Million to Scam Victims
10.11.2023
Source: Adobe / Matteo Benegiamo Crypto exchange Kraken has partnered with the UK’s South East Regional Organised Crime Unit (SEROCU) to return nearly £2 million ($2.4 million) worth of stolen crypto to victims of a scam. Following the arrest of 40-year-old Dutch national Wybo Wiersma,...
Microsoft Listing Fake Ledger App Leads to $590K of Bitcoin Stolen by Hackers
6.11.2023
Hackers managed to steal 16.8 bitcoin [BTC] over the weekend after a fake Ledger Live app was posted on the Microsoft app store
Onyx Protocol Suffers $2.1M Loss in Defi Breach, Fraction of Funds Redirected to Tornado Cash
1.11.2023
Multiple sources have confirmed that Onyx Protocol, a decentralized finance (defi) platform, has been compromised in a security breach, resulting in a loss of $2.1 million. In the wake of this attack, a fraction of the stolen crypto assets, originally from the cross-token liquidity market, were...
Dormant $144M in Bitcoin From Defunct Abraxas Darknet Market Moved After Years of Inactivity
23.10.2023
According to the onchain analyst Zachxbt, 4,800 bitcoins taken from the now-defunct darknet marketplace Abraxas were transferred to a bitcoin mixing service. Abraxas exit scammed in November 2015 after less than a year, and the bitcoins had remained untouched since then. $144M in Bitcoin from 2015...