Scams, Hacks & Breaches

1 min read

Founder of Peer-to-Peer Crypto Exchange Paxful Pleads Guilty Over Anti-Money Laundering Program Failures: DOJ

11 months ago bitnews

The co-founder and former director of peer-to-peer cryptocurrency marketplace Paxful has pleaded guilty to charges related to the platform’s failure...

1 min read

Bank Executive Steals $250,000 From Customers, Directly Accessing Bank Accounts To Fund His Lifestyle: US Department of Justice

11 months ago bitnews

The U.S. Department of Justice says a former bank manager has admitted to stealing over a quarter million dollars from...

1 min read

Wells Fargo Illegally Claims Customers Are Liable for Unauthorized Transfers, Say Victims of Bank Fraud, As New Class-Action Lawsuit Filed in Federal Court

11 months ago bitnews

Wells Fargo is facing a new proposed class-action lawsuit, accused of breaking the law by forcing customers to accept responsibility...

1 min read

Crypto Hacks Double in First Half of the Year to Over $1,380,000,000, According to Blockchain Intelligence Firm

11 months ago bitnews

Hackers stole more than twice the amount of crypto assets in the first half of 2024 compared to the same...

1 min read

JPMorgan Chase, Bank of America and Wells Fargo To Testify After Allegedly Refusing To Reimburse $115,000,000 To Customers on Zelle: Report

11 months ago bitnews

JPMorgan Chase, Bank of America and Wells Fargo have reportedly agreed to testify at a US Senate hearing over hundreds...

1 min read

Millions of Americans’ Personal Data Allegedly Exposed As Notorious Hacker Hits Bank, Steals Sensitive Info From Multiple Financial Firms

11 months ago bitnews

A notorious hacker has successfully breached a major US bank, stealing sensitive customer information from a long list of financial...

1 min read

Ethereum Ecosystem Suffers $400,000,000 in Losses Year-to-Date, Amount of Crypto Hacks Rise by Over 50%: SlowMist

11 months ago bitnews

New research from cybersecurity firm SlowMist reveals that the Ethereum (ETH) ecosystem has lost $400 million in exploits year-to-date as...

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Mt. Gox Trustee Says Some Creditors Have Received Compensation in Bitcoin and Bitcoin Cash, Urges Others To Wait

11 months ago bitnews

A trustee of defunct crypto exchange Mt. Gox says that some of its creditors have received compensation in the form...

1 min read

$30,000 Drained From JPMorgan Chase Account As Criminal Buys Car, Pays Girlfriend’s Bills, and Bank Refuses To Reimburse: Report

11 months ago bitnews

A JPMorgan Chase customer is filing a lawsuit after the banking giant refused to reimburse thousands of dollars drained from...

1 min read

Florida Man Convicted for Violent Kidnapping, Assault and Crypto-Stealing Scheme

11 months ago bitnews

A 24-year-old man from Florida has been convicted of running a crypto-stealing scheme that also included kidnapping and assault. In...