According to crypto sleuth zachxbt, the team behind the Solana-based $CAT memecoin hacked the Twitter account of "Gigantic-Cassocked-Rebirth" (@GCRClassic) crypto influencer.First, the team sniped their own $CAT token launch to obtain 63% of the token supply, ultimately selling a portion of it for around $5 million. Then, they took...
An attacker perpetrated a flash loan attack on the "Normie" memecoin on the Base layer-2 blockchain to drain millions of NORMIE tokens. The vulnerability was evidently discovered in March, but never patched.Although the token claimed to have a market cap of $42 million, the attacker was only able to cash out around 224 wETH (~$882,000)....
Ryan Salame was the CEO of FTX Digital Markets which was the Bahamian portion of the FTX business. In September 2023, just before Sam Bankman-Fried's trial began, Salame pleaded guilty to one count each of conspiracy to operate an unlicensed money transmitting business and conspiracy to make unlawful political contributions and defraud...
Olympic athlete-turned-Trumpworld media personality Caitlyn Jenner has confused many by apparently launching a memecoin on pump.fun and heavily promoting it on her Twitter account with more than 3 million followers. Her original post featured a photo of her grasping hands with Donald Trump, with the text "make america great again!!!...
Someone was able to mint 5 billion $GALA tokens, the native token of the Gala Games blockchain gaming project. The tokens would be notionally worth around $200 million based on their paper value, although such a massive amount wouldn't be sellable without impacting the token price. Furthermore, the Gala Games team was able to add...
Aiden Pleterski, a 25-year-old who goes by "Crypto King", has finally been arrested and charged with fraud and money laundering. In 2022, he was sued by a group of investors who have lost at least CA$41.5 million (~US$30.5 million) they entrusted to him to invest on their behalf. He had promised massive profits, and told them that...