Posts published on May 2, 2024 go to media archive 4/4

FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme

The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.

Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit

Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services.

Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail

Ukrainian national, Yaroslav Vasinskyi, also known as Rabotnik, has been sentenced 13 years and seven months in prison for his role in conducting over 2,500 ransomware attacks and demanding over $700 million in ransom payments, the Department of…