Oct 03 2023
Eastern Asia ranks as the fifth most active crypto market, contributing 8.8% of global digital asset activity between July 2022 and June 2023. Its decline over the last few years has been notable – largely propelled by the big blow to the Chinese trading activity and mining sector. The growing prominence of Hong Kong as …
Oct 03 2023
Messina Denaro, 61, was found guilty of numerous murders, including the strangeling of a 12-year-old child whose body was then dissolved in acid. He had been fighting colon cancer and had been undergoing treatment for several years. The health of the Sicilian Cosa Nostra boss deteriorated in recent weeks and he was moved in August …
Oct 03 2023
Crypto-related exploits stood at a whopping $329.8 million in September. Exit scams were recorded to be around $1.9 million, while flash loans accounted for almost $0.4 million. CertiK attributed the largest portion of this month’s losses to the September 23rd attack on the Mixin Network, a Hong Kong-based decentralized cross-chain transfer protocol. This breach in …
Sep 27 2023
Fraudsters took more than US$280 billion in COVID-19 relief cash, while another $123 billion was lost or misspent. The loss represents 10 percent of the $4.2 trillion the U.S. government has so far disbursed in relief aid. The analysis cited investigators and independent experts as suggesting that the government exercised too little control during the …
Jun 15 2023
Journalist María Teresa Montaño became obsessed with using the State of Mexico’s online procurement database to track down smaller and quirkier contracts. She suspected many contracts were fake, especially those handed to obscure companies based hundreds of kilometers away from her state. At least 17 journalists were reportedly murdered last year alone in Mexico, where …
Jun 15 2023
Do Kwon, the co-founder of Terraforms Labs and the collapsed Terra-Luna ecosystem, has received reapproval from the Basic Court of Podgorica. Kwon and Han Chong-Joon, his associate, will be released on $430,000 bail each and detained in an apartment to be monitored by the police. The new development comes less than two weeks after a …
Jun 14 2023
eToro bans US customers from buying four crypto assets that were recently deemed securities by the United States Securities and Exchange Commission. Customers will still be able to retain the ability to “hold and sell existing positions in these coins.” Earlier this year, the SEC filed lawsuits against Coinbase and Binance in lawsuits against the …
Jun 14 2023
Jerry Chucks Ozor, 43, and Iheanyichukwu Jonathan Abraham, 44, were part of a larger group of fraudsters. They falsely claimed to represent a Spanish bank and asserted that the recipients were beneficiaries of a multimillion-dollar inheritance left by a deceased family member. In total, the scammers admitted to obtaining over US$6 million from more than …
Jun 14 2023
The government alleges that Khan and Bibi accepted land worth millions of dollars as a bribe from property tycoon Malik Riaz Hussain. Hussain, 69, amassed his fortune through real estate ventures in Asia and is the owner of the Bahria Town gated flagship real estate empire. Khan was arrested in the same graft case on …
Jun 14 2023
Major cryptocurrencies like Solana (SOL), Polygon (MATIC), Cardano (ADA), and many others – are plummeting in value. Earlier this week, the United States Securities and Exchange Commission (SEC) filed a lawsuit against Binance, its CEO, and the US arm of the firm. The very next day, the SEC completed the one-two punch, filing another case …