Crypto Fraud
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How 'Rocky Balboa', 'Superman Cash', 'Fat Boy' Used AI To Steal $129 Million
They would also coordinate a phone or video call where the defendants used AI to mimic the voice and sometimes the image of the CEO, according to the indictment.
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ZachXBT Flags Possible Cover-Up as Crypto Theft Estimates Cross $133 Million
Blockchain investigator ZachXBT has increased his estimate of a suspected cryptocurrency theft involving an unnamed Western European financial institution to more than $133 million. The latest findings include an additional $27 million in withdrawals from centralised exchanges and four newly identified wallet addresses. ZachXBT suspects the institu...
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Binance Resumes USDT, USDC, ETH and BNB Withdrawals as Trump Addresses Situation
Binance has resumed USDT, USDC, and ETH withdrawals on Ethereum, alongside BNB withdrawals on BNB Smart Chain, following the October 29 attack that reportedly resulted in $6.3 billion in stolen cryptocurrency. Bitcoin withdrawals were restored earlier as part of a phased reopening. While deposits remain operational, other withdrawal networks are st...
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North Korea’s Lazarus Group Linked to Alleged $6.3 Billion Binance Hack
Blockchain investigators have linked North Korea’s Lazarus Group to the alleged $6.3 billion Binance hack on October 29. TRM Labs attributed the incident to TraderTraitor, while ZachXBT identified Lazarus as the probable attacker. Investigators traced transfers across multiple blockchain networks, including Ethereum, Bitcoin and Tron. Blockaid’...
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Binance Faces Historic Crypto Hack as Emergency Response and Market Fallout Unfold
Binance is investigating a major security breach that reportedly resulted in losses estimated at $6.3 billion, potentially making it the largest cryptocurrency theft on record. The exchange suspects a compromised engineer’s laptop enabled unauthorised withdrawals, although it has found no evidence of leaked wallet private keys. Stablecoin issuers...
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CryptoBilis Ledger Breach Leads to $95 Million Theft, $10 Million Recovered or Frozen
The CryptoBilis-linked cryptocurrency theft involved approximately $95.35 million in assets stolen between October 7 and 9, according to Arkham Intelligence. Most of the funds were taken within 51 minutes on October 9, including millions of dollars in USDT and Bitcoin. The attacker subsequently moved assets across multiple blockchain networks using...
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Allium Restores Core APIs While Investigating the Cause of Its Security Incident
Blockchain data provider Allium has reported a security breach that disrupted access to its application, Explorer APIs, and data services used by businesses across the financial and cryptocurrency sectors. The company restored its primary APIs by October 28 but continued restricting certain features during recovery. Allium has not disclosed how the...
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Coinbase, Bithumb and South Korean Financial Firms Report Data Leaks
Coinbase, Bithumb, Mirae Asset Global Investments and Daishin Securities have reported data security incidents involving customer information or internal business systems. Coinbase attributed its incident to third-party analytics provider Amplitude and said customer funds remained safe. Bithumb reported unauthorised access to an internal employee c...
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CoinDCX Dismisses Second Breach Claims as Blockchain Investigators Examine Wallet Transfers
CoinDCX has denied claims of a fresh security breach after researchers flagged cryptocurrency transfers worth approximately $16 million involving wallets associated with the Indian exchange. The company attributed the activity to addresses compromised in its July 2025 breach and said customer funds remained safe. However, ZachXBT disputed the expla...
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China Demands Return of 61,800 BTC Seized in UK Fraud Investigation
A Chinese court has accepted a case to recover assets linked to an alleged CNY 40.3 billion fundraising fraud operated by Qian Zhimin between 2014 and 2017. The assets targeted include more than 61,800 Bitcoin, 72,700 Bitcoin Cash and 3.6 million XRP, alongside other cryptocurrencies, cash and property. Investors and other interested parties have s...
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Qubic Brings Blockchain Back Online After $1.4 Million Attack, Sets Recovery Claim Window
Qubic has resumed its layer-1 blockchain after halting operations to contain a wallet seed generation vulnerability that led to the theft of approximately $1.4 million in QU tokens from 1,404 accounts. The project said its Computor quorum approved a recovery plan, and the first payment has been made. The amount paid and the number of approved claim...
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Cysic Shuts Down Bridge After Attacker Illegally Creates 10 Million CYS Tokens
Cysic has temporarily suspended its cross-chain bridge after an attacker allegedly exploited a database vulnerability and forged minting messages to create 10 million CYS tokens on BNB Smart Chain. The foundation said its mainnet remained unaffected, while investigations into the attack and potential financial losses continue. Authorities are still...
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Qubic Halts Chain as Attacker Exploits Weak Seeds to Drain 1,400 Wallets
Qubic halted its layer-1 blockchain after attackers exploited weak wallet recovery seed generation to steal approximately 2.94 quadrillion QU tokens worth $1.4 million. The project said 87.1 percent of the stolen tokens remained on the network, while the rest was transferred to MEXC, which blocked the receiving account. Qubic has yet to announce a ...
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US Crypto Scam Crackdown Brings 241 Website Shutdowns by FBI, Brooklyn DA
The Brooklyn District Attorney’s Office and the FBI have dismantled infrastructure allegedly used by an Eastern European cryptocurrency investment scam network. The operation involved shutting down 241 websites and 112 servers across multiple jurisdictions. Prosecutors said the scheme targeted Russian-speaking Americans through fraudulent investm...
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Coldcard Whitehats Transfer Stolen 52.37 BTC to Recovery Trust
Whitehat researchers have moved 52.37 BTC linked to the July Coldcard wallet exploit into an address associated with the Crypto Recovery Trust. Galaxy Digital Research Head Alex Thorn said the Bitcoin came from several tracked exploit clusters and represented 2.8 percent of the funds monitored by his team. The trust is designed to hold recovered di...
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How 'Rocky Balboa', 'Superman Cash', 'Fat Boy' Used AI To Steal $129 Million
They would also coordinate a phone or video call where the defendants used AI to mimic the voice and sometimes the image of the CEO, according to the indictment.
-
ZachXBT Flags Possible Cover-Up as Crypto Theft Estimates Cross $133 Million
Blockchain investigator ZachXBT has increased his estimate of a suspected cryptocurrency theft involving an unnamed Western European financial institution to more than $133 million. The latest findings include an additional $27 million in withdrawals from centralised exchanges and four newly identified wallet addresses. ZachXBT suspects the institu...
-
Binance Resumes USDT, USDC, ETH and BNB Withdrawals as Trump Addresses Situation
Binance has resumed USDT, USDC, and ETH withdrawals on Ethereum, alongside BNB withdrawals on BNB Smart Chain, following the October 29 attack that reportedly resulted in $6.3 billion in stolen cryptocurrency. Bitcoin withdrawals were restored earlier as part of a phased reopening. While deposits remain operational, other withdrawal networks are st...
-
North Korea’s Lazarus Group Linked to Alleged $6.3 Billion Binance Hack
Blockchain investigators have linked North Korea’s Lazarus Group to the alleged $6.3 billion Binance hack on October 29. TRM Labs attributed the incident to TraderTraitor, while ZachXBT identified Lazarus as the probable attacker. Investigators traced transfers across multiple blockchain networks, including Ethereum, Bitcoin and Tron. Blockaid’...
-
Binance Faces Historic Crypto Hack as Emergency Response and Market Fallout Unfold
Binance is investigating a major security breach that reportedly resulted in losses estimated at $6.3 billion, potentially making it the largest cryptocurrency theft on record. The exchange suspects a compromised engineer’s laptop enabled unauthorised withdrawals, although it has found no evidence of leaked wallet private keys. Stablecoin issuers...
-
CryptoBilis Ledger Breach Leads to $95 Million Theft, $10 Million Recovered or Frozen
The CryptoBilis-linked cryptocurrency theft involved approximately $95.35 million in assets stolen between October 7 and 9, according to Arkham Intelligence. Most of the funds were taken within 51 minutes on October 9, including millions of dollars in USDT and Bitcoin. The attacker subsequently moved assets across multiple blockchain networks using...
-
Allium Restores Core APIs While Investigating the Cause of Its Security Incident
Blockchain data provider Allium has reported a security breach that disrupted access to its application, Explorer APIs, and data services used by businesses across the financial and cryptocurrency sectors. The company restored its primary APIs by October 28 but continued restricting certain features during recovery. Allium has not disclosed how the...
-
Coinbase, Bithumb and South Korean Financial Firms Report Data Leaks
Coinbase, Bithumb, Mirae Asset Global Investments and Daishin Securities have reported data security incidents involving customer information or internal business systems. Coinbase attributed its incident to third-party analytics provider Amplitude and said customer funds remained safe. Bithumb reported unauthorised access to an internal employee c...
-
CoinDCX Dismisses Second Breach Claims as Blockchain Investigators Examine Wallet Transfers
CoinDCX has denied claims of a fresh security breach after researchers flagged cryptocurrency transfers worth approximately $16 million involving wallets associated with the Indian exchange. The company attributed the activity to addresses compromised in its July 2025 breach and said customer funds remained safe. However, ZachXBT disputed the expla...
-
China Demands Return of 61,800 BTC Seized in UK Fraud Investigation
A Chinese court has accepted a case to recover assets linked to an alleged CNY 40.3 billion fundraising fraud operated by Qian Zhimin between 2014 and 2017. The assets targeted include more than 61,800 Bitcoin, 72,700 Bitcoin Cash and 3.6 million XRP, alongside other cryptocurrencies, cash and property. Investors and other interested parties have s...
-
Qubic Brings Blockchain Back Online After $1.4 Million Attack, Sets Recovery Claim Window
Qubic has resumed its layer-1 blockchain after halting operations to contain a wallet seed generation vulnerability that led to the theft of approximately $1.4 million in QU tokens from 1,404 accounts. The project said its Computor quorum approved a recovery plan, and the first payment has been made. The amount paid and the number of approved claim...
-
Cysic Shuts Down Bridge After Attacker Illegally Creates 10 Million CYS Tokens
Cysic has temporarily suspended its cross-chain bridge after an attacker allegedly exploited a database vulnerability and forged minting messages to create 10 million CYS tokens on BNB Smart Chain. The foundation said its mainnet remained unaffected, while investigations into the attack and potential financial losses continue. Authorities are still...
-
Qubic Halts Chain as Attacker Exploits Weak Seeds to Drain 1,400 Wallets
Qubic halted its layer-1 blockchain after attackers exploited weak wallet recovery seed generation to steal approximately 2.94 quadrillion QU tokens worth $1.4 million. The project said 87.1 percent of the stolen tokens remained on the network, while the rest was transferred to MEXC, which blocked the receiving account. Qubic has yet to announce a ...
-
US Crypto Scam Crackdown Brings 241 Website Shutdowns by FBI, Brooklyn DA
The Brooklyn District Attorney’s Office and the FBI have dismantled infrastructure allegedly used by an Eastern European cryptocurrency investment scam network. The operation involved shutting down 241 websites and 112 servers across multiple jurisdictions. Prosecutors said the scheme targeted Russian-speaking Americans through fraudulent investm...
-
Coldcard Whitehats Transfer Stolen 52.37 BTC to Recovery Trust
Whitehat researchers have moved 52.37 BTC linked to the July Coldcard wallet exploit into an address associated with the Crypto Recovery Trust. Galaxy Digital Research Head Alex Thorn said the Bitcoin came from several tracked exploit clusters and represented 2.8 percent of the funds monitored by his team. The trust is designed to hold recovered di...
