FTX Sues Bankman-Fried, Others to Recoup More Than $1 Billion July 21, 2023 By Jonathan Stempel FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more...
Crypto Ransomware Attacks Rise in First Half of 2023: Chainalysis July 18, 2023 By Elizabeth Howcroft Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged...
North Korean Hackers Stole $100 Million in Recent Cryptocurrency Heist: Analysts June 14, 2023 By Raphael Satter North Korean hackers stole more than $100 million worth of digital currency in a recent heist affecting users of the...
G20 Watchdog to Tackle ‘Vulnerabilities’ in Decentralized Finance After FTX Collapse February 16, 2023 By Huw Jones The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle “vulnerabilities” and data gaps in...
Crypto Thefts Hit Record $3.8B in 2022 on Surge in North Korea Hacking: Report February 3, 2023 By Jeff Stone Thieves stole a record $3.8 billion worth of cryptocurrency in 2022 as sanctions on North Korea drove a surge in...
Britain’s Finance Ministry Issues Draft Rules to Regulate Cryptoassets February 2, 2023 By Huw Jones and Elizabeth Howcroft Britain’s finance ministry laid out its first set of rules to regulate cryptoassets on Wednesday, saying ongoing turbulence in the...
Crypto Crime Hits Record $20B in 2022, Report Says January 12, 2023 By Elizabeth Howcroft Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed,...
North Korea Hackers Stole $1.2B in Virtual Assets Over 5 Years: Spy Agency December 28, 2022 By Hyung-Jin Kim North Korean hackers have stolen an estimated 1.5 trillion won ($1.2 billion) in cryptocurrency and other virtual assets in the...
FTX Crash Injects Urgency Into Regulating Crypto Sector: Global Securities Watchdog November 28, 2022 By Huw Jones The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such ‘conglomerate’ platforms will...
FTX Collapse Ensnares Creditors Big and Small Across the Globe November 23, 2022 From a German bank seeking a more than $2 million payment to a Chinese investor requesting $21,000 of lost savings....