Hacker Launders Stolen Ethereum from DeFi Exploit; Romance Scammers Target Traditional Bank Accounts
Hacker Launders Stolen Ethereum from DeFi Exploit; Romance Scammers Target Traditional Bank Accounts
A hacker has begun laundering approximately $6.7 million in stolen digital assets, including hundreds of thousands of dollars worth of Ethereum (ETH), following an exploit of the liquidity provider TrustedVolumes, according to cybersecurity firm PeckShield. Separately, a romance fraud scheme was reported to have siphoned over $1.3 million from a city government's traditional bank account through numerous illicit transactions, with no direct involvement of cryptocurrencies.
A hacker has started laundering digital assets that were part of the $6.7 million theft from the liquidity provider TrustedVolumes, says cybersecurity firm PeckShield. PeckShield says that new data shows the hacker has started moving hundreds of thousands of dollars worth of Ethereum (ETH). “The TrustedVolumes exploiter has laundered $278,000 in stolen funds so far: […]
The post Hacker Actively Laundering Stolen Crypto After Exploiting Liquidity Provider for $6,700,000: PeckShield appeared first on The Daily Hodl.
A romance fraud scheme allegedly drained more than $1.3 million from a City of Norfolk bank account after victims were manipulated into moving money for the scammers. Federal prosecutors say Nigerian national Habeeb Anibaba was indicted in connection with a scheme that targeted the City of Norfolk’s corporate bank account through hundreds of fraudulent transactions, […]
The post Romance Scammer Drains $1,200,000+ From City Government’s Bank Account in Hundreds of Illicit Transactions: Report appeared first on The Daily Hodl.