OFAC Bans North Korean Russian Chinese Missile Funders
The U.S. Treasury’s OFAC has sanctioned individuals from North Korea, Russia, and China for funding missile programs via cryptocurrency fraud, freezing related assets. #Breaking #Legal $BTC
Shibarium Bridge Hit Flash Loan Attack $2.4M
The Shibarium bridge suffered a $2.4 million flash loan exploit affecting $ETH and $SHIB on Sept. 13, prompting security firms to investigate. Crypto $SHIB
IRS Expands Bitcoin Investor Surveillance
The IRS expands crypto compliance investigations, using John Doe summonses and blockchain analytics to trace transactions, signaling a shift from opt-in to opt-out taxation. #Breaking #Legal
Shibarium Bridge Hacked $2.4 Million Lost
Shibarium’s bridge was hacked, resulting in a $2.4M loss; 4.6M BONE purchased, 224 ETH and 92.6B SHIB extracted. Staking suspended; BONE price surged nearly 125%. #Breaking #Crypto $BONE (+9) ↗
Bitcoin Malware Drains Crypto Wallets Undetected
Security firm Mosyle uncovered ModStealer malware targeting crypto wallets via fake recruiter ads, posing a threat to $ETH, $SOL users by evading antivirus detection. Crypto
BONE Price Surges 40% After Exploit
@Shibarium’s network faced a flash loan exploit, draining nearly $3M from its bridge. BONE surged 40% post-attack; staking operations paused as developers investigate. #Breaking #Crypto $BONE (+7) ↗
Gemini Launches $28 IPO on Nasdaq
Gemini’s IPO priced at $28 per share, exceeding forecasts, as it prepares to trade on Nasdaq amid regulatory challenges and political ties.
Bitcoin Tied to $5M DOJ Seizure
Hackers exploited SIM swap flaws to steal $5M in crypto, laundering it through a casino. DOJ now seeks asset seizure. #Breaking #Legal @TheJusticeDept
USDT Seizure DOJ Targets $500K Iran Wallet
The U.S. DOJ seeks to seize $584,741 in $USDT from Iranian national Mohammad Abedini, linked to military drone tech. The funds are in an unhosted wallet. Legal
SEC Challenges Kalshi Over Illegal Bets
Massachusetts Attorney General sues @KalshiEX for allegedly offering illegal sports betting contracts without a license in the state. #Breaking #Legal
SEC Faces Court Over Lost Gensler Texts
Coinbase challenges SEC in court after watchdog confirms destruction of crypto-related communications involving Gensler. Legal integrity questioned amid regulatory scrutiny. #Breaking #Legal
Solana Surges as Galaxy Buys $700M
Galaxy Digital buys over $700M in $SOL, boosting Solana’s price by 19% this week amid Forward Industries’ $1.65B raise. #Breaking #Crypto $SOL (+9) ↗
Massachusetts Attorney General Bans Kalshi Sports Gambling
Massachusetts Attorney General Andrea Joy Campbell alleges @Kalshi is violating state gambling laws by offering unlicensed sports prediction markets, seeking a court order to block its operations. #Breaking #Legal $BTC
Phishing Exploit Drains $3M from Multi-Sig Wallet
An unidentified crypto investor lost over $3M in a phishing attack after authorizing a malicious contract. The attacker used Tornado Cash to obscure the funds. #Breaking #Crypto $USDC (-8) ↘