News with the tag "Scams, Schemes, Hacks and Breaches"

An infamous hacker group says it’s behind a breach at one of the world’s largest banks. The notorious group ShinyHunters says it’s responsible for a new data breach at Santander, claiming personal information from 30 million customers is now for sale. The group says the data will be sold one time to...

A new report from bug bounty platform Immunefi shows that crypto losses due to hacks and fraud plummeted over the past year. According to Immunefi, the crypto sector saw 108 specific incidents of hacks and rug pulls in 2024 year-to-date. The financial losses amounted to $473,229,944, or 20% less tha...

Do Kwon appears to have reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC). In April, a jury found Kwon and Terraform Labs liable for defrauding investors regarding the stability of the algorithmic stablecoin Terra USD, which de-pegged and collapsed in 2022, caus...

Crypto supporter and US Presidential candidate Donald Trump has been found guilty on 34 felony counts by a jury in Manhattan. According to widespread reports and a press release from Manhattan District Attorney (DA) Alvin Bragg, the former president was found guilty yesterday on all counts of “falsi...

Two hackers reportedly cracked the forgotten password of a digital wallet containing a treasure trove of Bitcoin (BTC). Wired reports that in 2013, a cryptocurrency owner who goes by the alias “Michael” stored his Bitcoin holdings in a password-protected digital wallet. Unfortunately, the password w...

A US judge has sentenced Ryan Salame, one of the top executives of the collapsed crypto empire FTX, to 7.5 years in prison. Judge Lewis A. Kaplan issued the sentence on Tuesday following Salame’s guilty plea to conspiracy to make unlawful political contributions and defraud the Federal Election Comm...

Bank of America’s wealth management firm, Merrill, says an employee has accidentally leaked the personal data of 1,883 pension plan members. The banking giant sent a data breach notice to the Office of the Maine Attorney General stating the employee inadvertently emailed the first names, last names ...