US officials have seized $31 million worth of crypto linked to the 2021 Uranium Finance hack

U.S. authorities have made a bold move in the fight against cybercrime, seizing $31 million in cryptocurrency connected to the 2021 Uranium Finance hack. The haul marks a significant step in tracking down funds stolen in one of the high-profile breaches that rocked the crypto world a few years back. Details remain scarce, though—officials aren’t…

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Brazilian national faces 20-year sentence for $290 million Bitcoin Ponzi scheme

A Brazilian citizen appeared in U.S. District Court in Seattle following extradition from Switzerland to face $290 million Bitcoin investment fraud charges. According to the press release from the US Department of Justice, Douver T. Braga pleaded not guilty to a 13-count indictment involving wire fraud and conspiracy related to the Trade Coin Club (TCC) scheme. Braga,…

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Changpeng Zhao’s Fortune Soars $25B in 2023 Despite Binance’s Bumps

Changpeng Zhao, the Binance mastermind and former CEO, had a monster 2023—his net worth skyrocketed by $25 billion, shrugging off a stormy crypto market and a pile of regulatory headaches for his exchange. A Bloomberg report, pulling from their Billionaires Index, pegs Zhao’s crypto-stacked wealth as jumping over $20 billion this year, leaving peers like…

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Mystery Bitcoin User Allegedly Hijacks Russian Wallets to Aid Ukraine

In a wild twist straight out of a cyber-thriller, an unnamed Bitcoin user reportedly cracked into hundreds of wallets tied to Russian security services, snatching coins and funnelling them to Ukrainian volunteers amid the ongoing war. According to a now-vanished Chainalysis report, this shadowy figure hit nearly 1,000 Bitcoin addresses between February 12 and March…

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