crime

An American Airlines flight attendant was arrested for secretly recording or attempting to record a minor female passenger using a lavatory aboard an aircraft in September 2023. The attendant is also alleged to have retained recordings of four additional minor female passengers using bathrooms...

Decentralized exchange KyberSwap publicly offered a 10% bounty to an unidentified hacker responsible for a cyber heist, in which funds worth over $50 million were siphoned off. The offer was communicated through a message from a contract deployer wallet associated with KyberSwap. The message...

Changpeng Zhao, the founder and former CEO of Binance (CRYPTO: BNB), was released on a $175 million personal recognizance bond. Earlier on Tuesday, Zhao admitted in court to breaching the Bank Secrecy Act. U.S. authorities accused him of instructing Binance to permit American customers to...

In a major crackdown, the FBI arrested three persons for allegedly orchestrating a complex $10 million bank fraud scheme. U.S. Attorney Damian Williams and FBI Assistant Director James Smith announced the arrests of the three persons identified as Zhong Shi Gao, Naifeng Xu and Fei Jiang...

A man managed to outsmart Tesla Inc, acquiring five electric vehicles without settling the complete payment, according to the Department of Justice. What Happened: Michael Gonzalez, a 34-year-old from Vermont, cleverly manipulated Tesla's payment system, securing vehicles worth over...

Late Monday, Sam Bankman-Fried, the co-founder of cryptocurrency exchange FTX (CRYPTO: FTT), filed pretrial motions to dismiss the majority of charges he is facing.  Set to go on trial this fall, Bankman-Fried faces more than a dozen charges, including wire, securities and...

There has been a recent surge in the launch of fraudulent meme coins by crypto scammers, blockchain experts have revealed. Cointelegraph reported ZachXBT, an independent blockchain investigator, stated that a single wallet address launched 114 meme coin scams in the last 45 days...

Singapore-based cryptocurrency exchange Bitrue on Friday announced that hackers had stolen $23 million from one of its wallets. The exchange did not provide details on how the attack occurred. In a tweet, Bitrue stated, "We have identified a brief exploit in one of our hot wallets on 07:...

South Korean authorities have reportedly confiscated approximately $160 million worth of assets from eight individuals associated with the collapse of Terraform Labs (Terra) (CRYPTO: LUNA), including co-founder Daniel Shin. The Seoul Southern District Prosecutor's Office seized around 210...

The U.S. Securities and Exchange Commission (SEC) charged crypto platform Beaxy and its executives for violating securities laws by not registering as a broker, exchange or clearing agency. Beaxy founder Artak Hamazaspyan and Beaxy Digital Ltd. were also charged for raising $8 million through an...

The principal of a school in Florida sent $100,000 of school money to a scammer posing as Tesla Inc and Twitter CEO Elon Musk.  Jan McGee, the longtime principal of a charter school in southeast Volusia County, has resigned after it was revealed that she wrote the check to the scammer,...

The official Twitter account of Robinhood Markets Inc. (NASDAQ: HOOD) was compromised by hackers on Wednesday who used it to promote a fraudulent cryptocurrency project. The hackers announced the launch of a new token called $RBH, claiming it was available for purchase on the Binance Smart...

Alleged cryptocurrency thief and rapper Heather Morgan, aka “The Crocodile of Wall Street," has a new job. What Happened: Morgan, who became a well-known figure in Twitter’s high-finance community for posting obscure rap videos under the moniker "The Crocodile...

Four individuals were sentenced by the English County of Lancashire following an investigation into a £20 million Bitcoin (CRYPTO: BTC) fraud. The fraud began in 2017 when James Parker, the alleged gang leader, discovered a glitch in an Australian cryptocurrency trading website that...

Illicit use of cryptocurrencies reached a record high of $20.1 billion in 2022, according to blockchain analytics firm Chainalysis. What Happened: Transactions involving companies targeted by U.S. sanctions skyrocketed during this time, as the value of crypto transactions related to illicit...