Bitcoin and other crypt-currency stuff

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Message 2128519 - Posted: 15 Nov 2023, 1:37:36 UTC

Ethereum Wallet Drainer Steals $60M in Six Months
Hackers are using a piece of code called Create2 to bypass security alerts when users sign malicious signatures.
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Message 2128879 - Posted: 22 Nov 2023, 19:19:08 UTC

It seems that with crypto is there's always a crook attached.

Swyftx says Binance CEO Zhao Changpeng conviction a 'line in the sand'.
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Message 2129203 - Posted: 29 Nov 2023, 14:48:45 UTC

Someone else is about to feel the real cost of backing & promoting a ponzi crypto-currency:
https://www.bbc.co.uk/news/technology-67566602
Bob Smith
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Message 2131863 - Posted: 30 Jan 2024, 18:32:58 UTC

Another crypto crook gets snagged.

Australian Sam Lee charged over billion-dollar cryptocurrency fraud scheme in US.

Australian cryptocurrency entrepreneur Sam Lee has been charged for his alleged role in a $US1.89 billion ($2.85 billion) fraud scheme alongside two others.

The US Department of Justice has announced the charges against Mr Lee, 35, alongside US nationals Rodney Butron and Brenda Chunga for allegedly co-founding HyperFund, also known as HyperTech, HyperCapital, HyperVerse and HyperNation.

The trio is charged with defrauding investors for allegedly falsely representing that investors would receive substantial returns paid from cryptocurrency mining operations, which did not exist.....
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Message 2133038 - Posted: 24 Feb 2024, 19:35:57 UTC

A digital error sees a man do a runner.

Victorian man vanishes after receiving about $500,000 in cryptocurrency account error.

A Mildura man has vanished, after allegedly pocketing about half a million dollars when a cryptocurrency trading platform accidentally added an extra zero to his account.

Cryptocurrency trading platform Rhino Trading Pty Ltd, which operates the website OTCPro, applied to the Victorian Supreme Court for the man's assets to be frozen and for an order preventing him from leaving the country after he failed to respond to requests to return the money.

Cryptocurrency is a digital currency that allows people to make payments directly to each other through an online system.
Transactions are verified through a decentralised ledger known as a blockchain rather than by banks.

Court records show that on January 25, 2024, OTCPro received a $99,500 deposit from 37-year-old Mildura man Kow Seng Chai through an account set up by his business Lotte Enterprise Pty Ltd.

When the company credited Mr Chai's trading account in the exchange, it mistakenly added a zero to the amount, crediting him with $995,000, not $99,500.

The company did not pick up the error until February 4........
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Message 2134357 - Posted: 28 Mar 2024, 20:06:37 UTC

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Message 2134359 - Posted: 28 Mar 2024, 22:04:20 UTC - in response to Message 2134357.  

Sam Bankman-Fried sentenced to 25 years in prison

https://www.cnn.com/business/live-news/sam-bankman-fried-sentencing-03-28-24/index.html

He got off easy. Prosecutors wanted at least 50 years.

Sentence should of been minimum 50 to life.... or one month for every $100,000 of estimated value of coins he stole.
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Message boards : Politics : Bitcoin and other crypt-currency stuff


 
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