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Texas Securities Board Orders Crypto Lender Abra to Return Assets to Investors
23.1.2024
Source: Pixabay Crypto lender Abra has reached an agreement with the Texas State Securities Board to return customers’ frozen funds. The ruling comes after the authority filed an emergency cease and desist order and accused the company of securities fraud. Per the settlement agreement published...
Former Paxful CEO Says He Cannot ‘Vouch for Anything Happening There Now’ — Platform Tells Users It Is Back Online
13.5.2023
The former CEO of Paxful, Ray Youssef, has told users of the peer-to-peer bitcoin marketplace that he is no longer in control and therefore cannot vouch for “anything that is happening there now.” Youssef also told a user who claimed to have been scammed on the platform that he too...
Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges
16.1.2023
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000 ethereum, worth $63.2 million at current exchange rates....
Crypto Biz: SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds
6.1.2023
The founder of FTX pleaded not guilty to all criminal charges related to the collapse of crypto exchange FTX
Gemini and DCG work to resolve frozen funds
3.1.2023
Cameron Winklevoss, a Co-Founder of Gemini, has accused DCG of stalling their efforts to claim funds worth approximately $1.7 billion. The funds have been on hold reportedly since mid-November. The accusation cites that Barry Silbert, the Head of Digital Currency Group, has acted in bad faith...
South Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the Funds Are Not His
6.10.2022
South Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon. However, Kwon denied that any funds of his have been frozen. “I don’t even use Kucoin and Okex, have no time to trade, no funds have been...
Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum
10.8.2022
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team...
Bitfinex Files for Subpoena in Bid to Recover $880 Million in Frozen Funds
21.10.2019
Bitfinex has filed a subpoena application on a former banking executive of a trust company that it believes can help it recover over $850 million in frozen funds