According to the crypto analytics firm, 2.89 bitcoin associated with Wednesday’s security breach was moved to a Wasabi wallet late last night.
While the crypto wallets associated with the scam registered over 400 transactions, the attackers seem to have made away with a relatively small haul.
The New York man asked investors for loans for what he called a low-risk investment, but the DOJ said most of the money was sent to offshore gambling sites.
The bitcoin amassed during Wednesday’s monumental Twitter hack is already “on the move,” according to cryptocurrency tracing firm Chainalysis.
Twitter’s thin veil of security went into full meltdown at 19:00 UTC on Wednesday. Within hours, even Barack Obama’s account was compromised.
Two promoters of the crypto Ponzi scheme OneCoin were found dead in Mexico last month.
Cryptocurrency scams continue to appear on YouTube, misusing content from influential people in the space and stealing from the gullible.
The novel Chinese scam saw perpetrators create fake crypto assets to fleece investors seeking arbitrage opportunities.
Police said the man is the first to be charged under the Multi-Level Marketing and Pyramid Selling (Prohibition) Act.
Another scammer is impersonating the CoinDesk website and offering impossible investment returns. We did some digging.
The free web service, which lets users send encrypted messages that self-destruct once read, has been copied with the reported aim of redirecting users' bitcoin to criminals.
A rise in cryptocurrency and coronavirus investment scams has prompted authorities to launch an awareness campaign.
The U.S. departments of Justice and Homeland Security seized coronaprevention.org after its owner allegedly tried to sell it for $500 in bitcoin.
The FBI is warning that fraudsters are about to unleash a surge of coronavirus cryptocurrency scams.
A Chinese financial watchdog warned investors of rising risks in crypto investments as the global stock market continues to fluctuate.