Summary JaredfromSubway.eth, the most prolific sandwich-attack bot on Ethereum, was drained of a minimum of $7.5 million in a reverse honeypot…
The publish Inside a Sandwich Attack: Lessons From the $7.5 Million Heist Against JaredfromSubway.eth appeared first on Chainalysis.
Earlier this yr, one of many largest crypto exchanges in South Korea detected irregular withdrawal exercise from one among its scorching wallets. Around 15 minutes and a whole lot of transactions later, roughly ₩44.5B KRW ($33 – 35 million) had been siphoned off and the platform paused all withdrawals. Assets stolen included main tokens like…
A tax worker in Bobigny used inner software program to compile dossiers on cryptocurrency specialists, billionaire Vincent Bolloré, jail guards, and a decide. She handed the data to criminals who paid €800 to assault a jail officer at home in Montreuil. Her enchantment was rejected Jan. 6, as reported by local media. The case issues…
Sam Bankman-Fried is once more difficult the core narrative of his downfall: that FTX was bancrupt when it collapsed in November 2022. In a 15-page report written from prison and dated Sept. 30, the convicted founder claimed the trade “was by no means bancrupt” however merely trapped in a “liquidity disaster” after customers pulled $5…
Rio de Janeiro Civil Police launched an operation focusing on a Comando Vermelho operational nucleus and located a crypto mining setup with roughly 30 computer systems organized on cabinets in a room on an apparently deserted lot. The farm drew power from a clandestine electrical connection operating immediately from a utility pole. The machines carried…
A Denver-based online pastor and his wife have been indicted on 40 criminal counts tied to a cryptocurrency fraud scheme that defrauded hundreds of faith-driven investors out of more than $3 million. Key Takeaways: A Denver pastor and his wife were indicted for defrauding over 300 investors through INDXcoin. Authorities say the couple spent $1.3…
Congress needs a task force for cryptocurrency theft months after the Justice Department disbanded NCET. The proposal, launched by Reps. Lance Gooden and Josh Gottheimer, would create a Federal Cryptocurrency Theft Task Force contained in the Justice Department and place it below the legal professional basic or a designee, in accordance to the bill text…