crime

Terraform Labs co-founder Do Kwon will face fraud charges in the U.S.

Cypto /

Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform […]

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US charges five accused of multi-year hacking spree targeting tech and crypto giants

Security /

The U.S. government announced charges against five individuals accused of carrying out a multi-year hacking spree targeting tech giants and cryptocurrency owners, which security researchers dubbed 0ktapus. On Wednesday, the U.S. Department of Justice published a press release announcing the charges against the five alleged hackers: Ahmed Hossam Eldin Elbadawy, 23, of College Station, Texas;

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