The lawsuit further claims that while FTX was “in freefall, Zhao sent additional false tweets calculated, in part, to prevent FTX from seeking and obtaining alternative financing to cauterize the run on the institution by customers deceived by the tweets. Collectively and individually, these false public statements destroyed value that would have otherwise been recoverable … Read more
Transport for London (TfL) suffers a cybersecurity incident and tells its 30,000 staff they will all have to their identities verified… in-person. Who might have been behind the attack and why? Meanwhile, Donald Trump’s curious relationship with cryptocurrency is explored. All this and Demi Moore is discussed in the latest edition of the “Smashing Security” … Read more
Oct 12, 2024Ravie LakshmananCryptocurrency / Cybercrime The U.S. Department of Justice (DoJ) has announced arrests and charges against several individuals and entities in connection with allegedly manipulating digital asset markets as part of a widespread fraud operation. The law enforcement action – codenamed Operation Token Mirrors – is the result of the U.S. Federal Bureau … Read more
WazirX, a leading Indian crypto exchange, halted withdrawals Thursday after a security breach it called a “force majeure event” resulted in the loss of $230 million, nearly half its reserves. The Mumbai-based firm said one of its multisig wallets had suffered a security breach. A multisig wallet requires two or more private keys for authentication. … Read more
Two men are accused of stealing almost a quarter of a billion dollars from one person’s cryptocurrency wallet, but why on earth would they be handing out handbags to strangers? And social media comes under the spotlight once more, as we ask if you are delving into misinformation in your most private moments… All this … Read more
