Browsing: Crime
Tether says it helped freeze nearly $550 million in Iran-linked USDT during 2026, while Democratic investigators on a Senate subcommittee allege that delays in blacklisting some identified wallets let tens of millions of dollars keep moving. A preliminary report released Sept. 28 by Democratic minority staff of the Senate Permanent Subcommittee on Investigations analyzed 846…
Nearly 5,000 Bitcoin has left Bitgetâs tracked reserves after the crypto exchange reopened withdrawals following its $387.5 million hack. On Sept. 28, Bitget Chief Executive Officer Gracy Chen said the exchange had processed 9,585 withdrawal orders totaling 4,098.036 BTC as of 17:00 UTC+8, shortly after it resumed Bitcoin withdrawals. Separate DeFiLlama data showed Bitgetâs tracked…
You don’t have to own Bitcoin to make money from people getting excited about it. On X, just posting about it can be a business in itself, and the company now wants ÂŁ207,384 back from people it alleges took that business a bit too far. In its Sept. 17 lawsuit, X accuses Vivek Kumar Sen,…
Bitget has suspended withdrawals after unauthorized transfers drained about $351.6 million from a limited number of its hot and warm wallets. The crypto exchange detected the transfers at 18:31 UTC on Sept. 24 and activated its emergency response procedures within minutes, Chief Executive Officer Gracy Chen said. Bitgetâs cold wallets and most assets held on…
Protecting private keys does not prevent all crypto theft. Software vulnerabilities and flawed validation systems can authorize unauthorized withdrawals, leaving users exposed despite platform insurance and security measures.