US D.O.J. Charges Canadian National In Multi-Million Crypto Fraud Scheme

Andean Medjedovic allegedly manipulated KyberSwap’s liquidity pools and Indexed Finance index pools, stealing $65M. U.S. authorities have indicted him on multiple fraud and laundering charges, with a potential 90-year sentence if convicted.
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Coinbase Users Lose $65M in Two-Month Scam Spree as Security Lapses – ZachXBT

ZachXBT reports that Coinbase users lost $65M in a two-month scam spree, with attackers using phishing emails, spoofed calls, and fraudulent websites to steal funds. The total estimated losses from similar scams exceed $150M, highlighting ongoing security risks in the crypto space.
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Bybit CEO Estimates Crypto Liquidations Far Exceed Reported Figures

In the wake of a substantial market downturn, Bybit CEO Ben Zhou has disclosed that crypto liquidations could be as high as $8 to $10 billion, surpassing earlier estimates. This revelation underscores the challenges in accurately reporting liquidation figures across platforms.
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