AI training dataset used by tech giants allegedly created by scraping YouTube videos in violation of terms

Non-profit AI research group EleutherAI scraped YouTube subtitles to create a dataset in violation of YouTube’s terms of service, ProofNews said on July 16. The dataset, called the Pile, allegedly includes subtitles of 173,536 YouTube videos from over 48,000 channels. дальше »

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Hong Kong police bust crypto scam involving fake banknotes

Authorities in Hong Kong have arrested three individuals who allegedly duped a businessman out of HK$3.11 million, approximately US$399,000, in cryptocurrency. According to a local report, the scammers promised to exchange the victim’s cryptocurrency holdings for cash at an attractive… дальше »

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Lazarus Group allegedly moves stolen funds from $308m DMM Bitcoin hack

Hackers involved in the $308 million heist from the cryptocurrency exchange DMM Bitcoin in May have so far laundered over $35 million through an online marketplace in Cambodia this month, according to blockchain investigator ZachXBT. ZachXBT reports that the funds… дальше »

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Compound Finance website allegedly hijacked: report

The website of decentralized finance lending platform Compound Finance appears to have been potentially hijacked, a blockchain sleuth warns. Compound Finance, a decentralized finance lending platform backed by Coinbase and a16z crypto, has allegedly fallen victim to a hacker attack… дальше »

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DraftKings NFTs Securities Trial Advances As Judge Rejects Motion To Dismiss Lawsuit

A US Judge has rejected DraftKings’ motion to dismiss the class action lawsuit filed by the company’s Non-Fungible Token (NFT) buyers. The lawsuit accuses DraftKings, its CEO, CFO, and president of allegedly violating federal securities laws with its NFTs. дальше »

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SEC files lawsuit against FTX-linked bank, alleging fraud

Enforcement director Gurbir Grewal said Silvergate allegedly “failed to detect nearly $9 billion in suspicious transfers among FTX and its related entities.” дальше »

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Company scams clients of over $200k, authorities in the U.S. allegedly refuse to investigate

A group of companies created by a U. S. green card holder has been scamming people for years, but authorities have refused to investigate.   According to documents received by crypto. news, Dirk De Jager, a U. дальше »

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Celsius small business creditors demand reimbursement after 35% cut in claims

Two Celsius creditors have filed a motion asking for a second distribution after they allegedly suffered reduced payments from possessing corporate accounts. дальше »

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50 Cent's X Account Hijacked, Hacker Makes $300 Million on Scam Crypto in Minutes

X account belonging to 50 Cent allegedly hacked and used for making $300 million on scam crypto token дальше »

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Ripple faces securities suit in Cali over ‘misleading’ statements from 2017

The lawsuit focuses on an allegedly misleading statement from 2017 where Ripple CEO Brad Garlinghouse said he was "very, very long" on XRP. The post Ripple faces securities suit in Cali over ‘misleading’ statements from 2017 appeared first on Crypto Briefing. дальше »

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$64.4 Million ETH Allegedly Withdrawn From Ethereum Foundation: What's Going On?

Has Ethereum Foundation just dumped $64.4 million in ETH? дальше »

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Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI

Tesla shareholders sued CEO Elon Musk and other executives for enriching xAI at the auto company’s expense on June 13. The plaintiffs claimed that xAI, an artificial intelligence firm Musk created in 2023, has poached employees from Tesla, diverted at least $500 million in GPUs from Tesla to X, and used Tesla’s data for xAI […] The post Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI appeared first on CryptoSlate. дальше »

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FTX Allegedly Sells Millions of XRP: What's Happening?

In dramatic twist, FTX and Alameda have allegedly offloaded millions in XRP, triggering fears and speculation дальше »

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Justin Sun Allegedly Deposits $21M In DeFi Tokens To Binance, Poised For Significant Profits

In the past 30 minutes, Justin Sun, the founder of TRON, allegedly deposited $21 million worth of four DeFi tokens to Binance. The tokens include:- 93,979 AAVE valued at $11. 26 million 3,800 MKR valued at $9. дальше »

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Hackers target OKX customers in suspected SIM swap attack

Hackers have allegedly targeted OKX, stealing funds from at least two accounts in a sophisticated attack involving SMS risk notifications and the creation of new API keys. Crypto exchange OKX has reportedly been targeted by hackers, with at least two… дальше »

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Hong Kong’s HKMA warns public of unregulated ‘Kucoin’ crypto exchange

Hong Kong has issued a warning about an unregulated crypto exchange named “Kucoin,” which reportedly demands payments to recover money from frozen accounts. The Hong Kong Monetary Authority (HKMA) has alerted the public to an allegedly fraudulent activity conducted via… дальше »

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NYAG sues crypto firms NovaTechFx and AWS Mining for alleged $1b fraud

New York AG Letitia James has sued crypto firms NovaTechFx and AWS Mining for allegedly defrauding over 11,000 individuals out of more than $1 billion in a pyramid scheme. New York Attorney General (NYAG) Letitia James filed a lawsuit on… дальше »

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NYAG Sues 2 Crypto Pyramid Schemes, Promoters Targeting Haitian-Americans in $1B Scam

New York Attorney General Letitia James has filed suit against two purported crypto companies and their top promoters, a married couple, for allegedly operating two consecutive pyramid schemes that predominantly targeted Haitian immigrants to the U.S. дальше »

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Chinese Crypto Trader Loses $1 Million From Binance After Chrome Plugin Exploit

A Chinese crypto trader shared his experience after losing most of his savings from Binance due to a Chrome plugin exploit. The trader called out the exchange’s allegedly slow response that allowed his funds to be stolen. дальше »

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Dapper Labs Agrees to $4M Settlement in Class Action Securities Suit

Dapper Labs has reached a tentative settlement agreement with a group of investors who sued the non-fungible token (NFT) company and its co-founder and CEO Roham Gharegozlou for allegedly violating federal securities laws. дальше »

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Binance co-founder denies responsibility for $1M trading loss on hacked account

The account was allegedly breached through the Google Chrome extension Aggr, which saves cookie login information.

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MicroStrategy Founder Michael Saylor Agrees to $40M Settlement in D.C. Income Tax Case

The District of Columbia sued Saylor in 2022 for allegedly not paying income taxes while living in the district. дальше »

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Frax Finance’s X account hacked: CEO suspects insider involvement

A hacker allegedly gained control of the crypto lending platform Frax Finance’s X social media account on June 1 without accessing or tampering with existing passwords. This breach has raised concerns about the security protocols at X, formerly known as Twitter, and the potential involvement of insiders. дальше »

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Nigerian star Davido latest to be ensnarled in string of celebrity meme coin rug-pulls

Nigerian singer Davido the latest celebrity to be involved in a rug-pull masterminded by Sahil Arora, an Indian national allegedly responsible for a number of other recent pump and dumps. With over 15.3 million followers on X and 7.9 million… дальше »

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ZKasino Announces 72-Hour Refund Window For Affected Crypto Investors

Crypto gambling platform ZKasino is again in the spotlight after returning to the community to announce the refund to affected users. The now-disgraced platform was in the news over a month ago after allegedly stealing $33 million from investors. дальше »

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Sam Altman was fired for 'lying to board,' alleges former OpenAI board member

Altman has allegedly hidden his ownership of the OpenAI Startup Fund, according to the former OpenAI board member.

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Caitlyn Jenner falls victim to cryptocurrency exit scam

Prominent media personality Caitlyn Jenner was allegedly socially engineered to promote a scam coin, called JENNER, which experienced a significant drop in value shortly after its launch.  The incident triggered multiple reactions from crypto proponents, with speculation that the former… дальше »

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Crypto trader GCR alleges bribe at X led to account hack

Pseudonymous crypto trader GCR revealed that his X account was hacked through a bribe, leading to an ORDI pump-and-dump scheme. On May 26, the X account of pseudonymous cryptocurrency trader GCR (Gigantic Rebirth) was hacked, with attackers allegedly leveraging a… дальше »

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Crypto criminals allegedly socially engineer multiple celebrity X accounts

Celebrities' X accounts were used by crypto criminals to promote tokens, allegedly through social engineering. дальше »

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Built On An $6 Million NFT Scam? AI Company Accused Of Fraud By Internet Investigator

Youtuber and Internet investigator Coffeezilla has called out Artificial Intelligence (AI) company Rabbit for allegedly being built on a $6 million non-fungible token (NFT) scam. The company is accused of being responsible for the GAMA NFT Project “fraud” as part of a history of lies. дальше »

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Alleged Owner of Darknet Narcotics Bazaar ‘Incognito Market’ Arrested in New York

U.S. authorities have arrested and charged a Taiwanese national with operating darknet drug bazaar Incognito Market, which he allegedly used to facilitate over $100 million in crypto-denominated sales of illegal narcotics including fentanyl. дальше »

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How MIT Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M

First there was "The Bait." Then there was "Unblinding the block," followed by "The Search," and ultimately "The Propagation." U.S. prosecutors detailed an incredibly complicated Ethereum exploit in an indictment. дальше »

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Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $30M Ponzi Scheme

Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD – in a crypto and foreign exchange investment scheme. дальше »

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Poloniex hacker laundered over 60% of stolen funds in just one week

A hacker behind Poloniex, despite being allegedly identified, successfully laundered more than half of stolen funds via Tornado Cash. A hacker, who attacked Poloniex in late 2023 and was later allegedly identified, laundered over $66 million out of $100 million… дальше »

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BlockTower Capital with $1.7b in AUM reportedly ‘partially drained’

Crypto investment firm BlockTower Capital has reportedly been targeted by fraudsters, resulting in a partial loss of funds from the firm’s main hedge fund. BlockTower Capital, a crypto investment firm founded by Matthew Goetz and Ari Paul, has allegedly fallen… дальше »

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Tether’s Ardoino says ‘uninformed CEO’ spreads FUD about USDT

Tether CEO Paolo Ardoino says an uninformed executive behind a company being investigated by the SEC is being reported “spreading fear about USDT.” Tether boss Paolo Ardoino said in a recent post on X that an “uninformed CEO” is allegedly… дальше »

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Trump taps Bitcoin Magazine CEO to draft ‘day 1’ crypto policy

Trump, currently on trial for allegedly falsifying business records, previously called BTC "a scam." Now he's working with Bitcoin Magazine's David Bailey on a crypto policy agenda. дальше »

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Inside Binance and DWF's alleged market manipulation saga - What's going on?

DWF reportedly made over $300 million from market manipulation at Binance Binance allegedly fired an employee who flagged DWF's shady tactics  One of the largest crypto-market makers, DWF, The post Inside Binance and DWF's alleged market manipulation saga - What's going on? appeared first on AMBCrypto. дальше »

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Canadian regulator fines Binance $4.4m for money laundering violations

FINTRAC has imposed a substantial fine on cryptocurrency exchange Binance for allegedly violating anti-money laundering regulations. дальше »

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Ethereum Foundation Allegedly Dumps 1,000 ETH: Will Price Drop Follow?

Ethereum Foundation's alleged massive sell-off triggers fears of ETH price collapse дальше »

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Dark Bling: Heir To Jewelry Giant Cartier Indicted In Cocaine And Crypto Scandal

Maximilien de Hoop Cartier, heir to the famed jewelry dynasty, was arrested by US authorities for allegedly laundering millions of dollars for a Colombian drug cartel. Cartier, who primarily resides in France but holds Argentine citizenship, now faces a slew of charges related to money laundering and unlicensed money transmission. Related Reading: Bitcoin Bull Michael […] дальше »

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Bitfinex CTO dismisses rumors of major database breach, suggests misinformation by hackers

Bitfinex Chief Technology Officer Paolo Ardoino has debunked rumors that the crypto exchange suffered a database exploit recently. Over the weekend, several reports suggested a potential database leak comprising 22,500 records of emails and passwords allegedly from Bitfinex users. дальше »

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FBI Arrests Manhattan Man Accused Of Defrauding Investors $43 Million In Crypto Trading Ponzi Scheme

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Ethereum (ETH) Price Takes Hit as Major Holder Allegedly Cashes Out

Ethereum (ETH) allegedly dumped by Ethereum Foundation, again дальше »

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CryptoQuant CEO defends Samourai Wallet founders

CryptoQuant CEO Ki Young Ju has voiced support for the founders of Samourai Wallet after their indictment by the U.S. Department of Justice for allegedly running a crypto mixing service implicated in laundering nearly $100 million. Ju has defended the… дальше »

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Binance slapped with a new class-action lawsuit in Canada

Cryptocurrency exchange Binance is embroiled in a legal battle in Canada as it faces a class-action lawsuit for allegedly breaching local securities laws. The lawsuit, filed in Ontario’s Superior Court of Justice, accuses Binance of selling crypto derivative products to retail investors without proper registration, contravening the Ontario Securities Act (OSA) and federal law. The […] дальше »

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Venezuela reportedly turns to USDT for oil export as US sanctions bite

Venezuela’s state-run oil company PDVSA is allegedly set to increase crypto usage in its crude and fuel exports as the U.S. strengthens oil sanctions against the country. Venezuela‘s PDVSA, the world’s fifth largest oil exporter, is turning to stablecoin Tether… дальше »

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SEC Vs Justin Sun Case Update: Regulator Provides Additional Information In Lawsuit Against Tron Founder

The United States Securities and Exchange Commission (SEC) has filed new court documents in its ongoing lawsuit against Justin Sun, the founder of the TRON blockchain, and the companies allegedly owned and controlled by him. дальше »

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TON jumps 17% as Tether mints $10m in USDT on TON blockchain

Tether has allegedly minted $10 million in its largest stablecoin by market value on the TON blockchain in a move signaling potential expansion. Tether Holdings Ltd.’s USDT, the world’s largest stablecoin, is now available on the TON blockchain, as the firm’s transparency… дальше »

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Railgun under scrutiny for alleged use by North Korean threat actors

Railgun has allegedly processed transactions from sanctioned threat actors, although the protocol has categorically denied involvement. The post Railgun under scrutiny for alleged use by North Korean threat actors appeared first on Crypto Briefing. дальше »

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