Binance Gives $200K to Investigators Who Helped Identify Actors Behind 2018 A...
The exchange has awarded a bounty of $200,000 to private investigators who helped now-indicted bad actors who attacked the exchange in 2018.
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The United States government through the FBI recently helped to run a training exercise whose goal is to enhance the capacity of Nigerian cryptocurrency crime investigators, the U.S. Mission Nigeria (USMN) has said. The exercise saw over 50 Nigerian investigators and prosecutors participate. Understanding the Trends In its August 25 tweet, the USMN reveals that the training exercise was held in conjunction with the International Computer Hacking & IP Attorney Advisers (ICHIP) of Addis & Abuja. The mission also explained what the investigators learned from the exercise. “Trainers....
A U.K. judge has reportedly ordered cryptocurrency exchange Binance to identify hackers and freeze their accounts after one of its users claimed to be the victim of a $2.6 million hack. Binance Ordered to Help Recover Funds Allegedly Stolen in a Hack A London high court has ordered global cryptocurrency exchange Binance to identify hackers and freeze their accounts after one of its users, Fetch.ai, claimed to be the victim of a $2.6 million hack, Reuters reported Friday. The judge granted requests by the artificial intelligence (AI) company for Binance to identify the hackers as well as....
Investigators reportedly identified the individuals by tracing the crypto exchange accounts used to launder the funds. Authorities in Japan are reportedly targeting individuals for their alleged involvement in the January 2018 hack of the Coincheck crypto exchange.According to a Jan. 22 report from Japanese news outlet Nikkei Asia, police have arrested or referred roughly 30 people in Japan to the local prosecutors’ office for their alleged role in hacking one of the country’s cryptocurrency exchanges. In January 2018, hackers stole roughly $534 million worth of NEM (XEM) from Coincheck in....
Binance, one of the largest cryptocurrency exchanges in the world, is now being probed by the Department of Justice (DOJ) under the assumption that it could be immersed in money laundering transactions. The investigation will also include inquiries from the Internal Revenue Service (IRS), which has been recently investigating a number of crypto trading platforms. Binance Probed by US Department of Justice Today, it was revealed that Binance, one of the most popular cryptocurrency exchanges in the world, is being the subject of an investigation related to transactions involving alleged....
Binance blacklists Squid Game developer accounts reports that developers used coin mixers to cover their tracks. The world’s biggest crypto exchange, Binance, has launched an inquiry into the Squid Game token to trace funds associated with the epic 45,000% pump and dump a few days ago.The Binance Smart Chain-based gaming token SQUID is suspected to be an exit scam or rug pull according to the exchange. Despite this, some extremely optimistic users are still buying the token in hope of a resurrection, with the price surging six fold in the past 24 hours.Binance is exploring options to....