Crypto crime, investigated: who got hacked, who ran, who got caught. Real cases, no hype. Where On-Chain Drama Lives. By @usmansaifcheema
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Joined November 2021
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North Korean IT workers get remote jobs at Western firms under fake identities and are paid in crypto. Someone has to turn that crypto into cash.
@USTreasury has sanctioned 10 people and a company, including two Russians it says converted millions for them.
cryptomediazone.com/court-wa…
"Ghost students": people who never sat a class, enrolled at US colleges with stolen identities so someone else could collect the federal aid.
@TheJusticeDept has charged five people in three states and says more than $750K in crypto was seized in Kenya. All are presumed innocent.
cryptomediazone.com/the-rap-…
Binance hack update: @binance now says 90% of the $6.3B stolen is covered, and its top ten coins are 100% backed.
It is dipping into its SAFU emergency fund to buy the rest. Withdrawals still due Sunday; full reserves proof by Tuesday.
Our day three story, updated: cryptomediazone.com/hack-dat…
nitter.cf/binance/status/2116538…
In 2024 a judge threw out the @SECGov's first case over DEBT Box, saying the agency acted in "bad faith", and ordered it to pay $1.8M in fees.
Now the SEC is back. It says DEBT Box sold $200M of crypto "licences" tied to oil and gas royalties that never paid.
cryptomediazone.com/court-wa…
Overnight, the real web addresses of @Kintsu, @flapdotsh and 10 other crypto sites sent visitors to a wallet-draining kit, @blockaid_ says.
Typing the right address was not enough. Kintsu blames its domain provider. No losses confirmed yet.
cryptomediazone.com/hack-dat…
A man who helped a gang force a victim on Koh Samui to send them $50,000 in bitcoin argued bitcoin isn't property, so it couldn't be robbed. Thailand's Supreme Court disagreed and kept his 10-year sentence. cryptomediazone.com/the-rap-…
In 2022, a bug let anyone copy a withdrawal from the Nomad bridge, and hundreds of people drained $186M. Israel has now extradited the man US prosecutors say found the flaw first, accused of taking $2.89M. He has not been convicted. cryptomediazone.com/the-rap-…
HTX, the crypto exchange linked to Justin Sun, has settled the UK regulator's first court case over illegal crypto adverts and left the UK. No fine was announced, and HTX admits no wrongdoing. What it means for UK users: cryptomediazone.com/court-wa…
The SEC says BG Wealth and DSJ Exchange took more than $130M from tens of thousands of investors with "zero risk" crypto signals, then showed them filings on the SEC's own website as if they were a licence. A filing is not a licence. cryptomediazone.com/court-wa…
Chainalysis, the firm police use to trace stolen crypto, says an attacker using what it calls "offensive agentic techniques" got into its systems and reached customers' names, emails and job roles. No money was taken. cryptomediazone.com/hack-dat…
Binance says it has already covered about 80% of the $6.3B stolen, in the same coins, and aims to reopen withdrawals in phases from Sunday. The FBI and Secret Service are now investigating. Day three of the biggest crypto theft on record: cryptomediazone.com/hack-dat…
Binance says it has already covered about 80% of the $6.3B stolen, in the same coins, and aims to reopen withdrawals in phases from Sunday. The FBI and Secret Service are now investigating. Day three of the biggest crypto theft on record: cryptomediazone.com/hack-dat…
Binance Hack, Day Two: $6.34 Billion Set Aside, North Korea Blamed, and a Spat With Elon Musk
Binance is buying back the stolen coins, investigators point to North Korea, and CZ asked Elon Musk to stop joking about it.
cryptomediazone.com/hack-dat…
The Binance hacker also tried to cash out through Aave, a crypto lending app: 60M of stolen USDT went in as a deposit, and about $45M of ether came out as a loan before Aave froze its markets. Aave's founder Stani Kulechov says it left no bad debt. cryptomediazone.com/hack-dat…
Before Bybit and Binance, North Korea's biggest crypto payday was Ronin: $625M in March 2022, from the bridge behind the game Axie Infinity. The way in was a fake job offer. Nobody noticed the money was gone for six days. cryptomediazone.com/hack-dat…
One hack, 43% of the total. We have documented $14.53B in crypto hacks since 2011, and Binance's $6.3B alone is 43% of it. Every incident we've investigated, with sources, a free CSV and a chart you can embed: cryptomediazone.com/crypto-h…
Binance hack update: co-founder Yi He says withdrawals should begin to resume within 48 hours (posted 04:17 UTC Friday). Deposits work as normal. Binance says it is buying back the stolen altcoins in matching amounts, and about $3B of the $6.3B is frozen. cryptomediazone.com/hack-dat…
The 10 biggest crypto hacks we've investigated. Binance now puts Thursday's hack at about $6.3B, more than four times Bybit's record from 2025. Its first findings point to an engineer's compromised laptop, not a leaked key. Full list: cryptomediazone.com/crypto-h…
