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Month: February 2025

Investigations

FBI Points Finger at North Korea for Bybit’s $1.5 Billion Hack

February 27, 2025

The FBI has named North Korean hackers—specifically the Lazarus Group—as the masterminds behind Bybit’s recent $1.5 billion heist. Because when a rogue state needs funding for its missile program, why bother with traditional banking when […]

Legal & Regulation

SEC and Tron Founder Justin Sun Explore Settlement

February 27, 2025

In a move surprising absolutely no one, Tron founder Justin Sun and the U.S. Securities and Exchange Commission (SEC) are reportedly in talks to resolve their civil fraud case. The SEC has accused Sun of […]

Scam Alerts

EminiFX CEO Discovers Ponzi Schemes Are Still Illegal

February 22, 2025

Eddy Alexandre, the CEO of EminiFX, will be spending nine years in prison after pleading guilty to running a $260 million Ponzi scheme. His special AI-powered trading strategy turned out to be nothing more than […]

Legal & Regulation

CFTC Warns: “Maybe Someone Should Regulate This $3 Trillion Industry?”

February 22, 2025

CFTC Chair Rostin Behnam sounded the alarm on crypto’s systemic risks, warning policymakers that an unregulated $3 trillion industry might just be a bad idea. Given past fiascos (cough FTX cough), regulators are now aggressively […]

Scam Alerts

Argentina’s President Gets a Crash Course in Meme Coins

February 18, 2025

Argentina’s President Javier Milei is in hot water after shilling the meme coin $LIBRA, which promptly did what meme coins do best—skyrocket and then plummet. The resulting scandal, dubbed “Cryptogate,” has led to calls for […]

Scam Alerts

Crypto Scammers Had Their Best Year Yet in 2024

February 12, 2025

According to Chainalysis, crypto scams pulled in a record-breaking $9.9 billion in 2024—and that number could rise to $12.4 billion once all the blockchain sleuths finish crunching the numbers. Much of this is thanks to […]

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