Money
Expert advice on saving, spending, borrowing, investing and everything in between.
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FTX Says It May Have Been ‘Hacked,’ as $AU898 Million in Crypto is Mysteriously Drained Overnight
Hundreds of millions of dollars in assets were mysteriously siphoned out of the collapsing crypto exchange FTX on Friday, in what exchange officials have referred to as a potential “hacking” incident.
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Feds Seize Over $US1 ($1) Billion in Crypto Originally Stolen from Dark Web Drug Marketplace Silk Road
The largest amount of illicit funds ever recovered by federal law enforcement came in the form of bitcoin on a disconnected drive stuffed at the bottom of one Georgia man’s linen closet.
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Dark Web Marketplace ‘BidenCash’ Hands Out 1.2 Million Stolen Credit Cards as a Promotion
Now, even hackers are taking a page out of big advertising’s playbook to promote their ill-gotten personal financial details. Over the weekend, the stolen credit card marketplace called BidenCash announced they were offering a free giveaway of 1,221,551 credit cards, promoting the leak on multiple other sites.
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23-Year-Old ‘Crypto King’ Has Luxury Cars Seized After $AU52 Million of Investor Money Vanishes
Five luxury cars, including two BMWs, two McLarens, and a Lamborghini, have been seized from 23-year-old Aiden Pleterski, the self-described “crypto king” of Canada, during bankruptcy proceedings according to a new report from the CBC. But those cars are only worth a fraction of the $US35 ($AU52) million that Pleterski allegedly took from investors who…