arrested

Multichain team allegedly arrested in China

0xMain
May 26, 2023

allegedly, arrested, China, Hacking, Multichain, team

Rumors within the Chinese crypto community suggest that the police arrested the development team for the Multichain network. The Chinese police might also control the network’s hardware/cold wallet. Based on the speculative statements, the wallet involves around $1.5 to $1.6 billion in funds. The...

Former Thodex CEO arrested after extradition to Turkey

0xMain
April 20, 2023

arrested, CEO, extradition, Hacking, Thodex, Turkey

The founder and CEO of a Turkish crypto exchange that collapsed in 2021 has been arrested by Turkish authorities in Istanbul after being deported from Albania, where he was captured last year. Faruk Fatih Ozer, who ran Thodex, a crypto trading platform that...

Criminal gang behind fake crypto wallets arrested in China

0xMain
April 2, 2023

arrested, China, criminal, Crypto, fake, gang, Hacking, wallets

Shanxi police in China have arrested a criminal gang involved in manufacturing and distributing fake cryptocurrency wallets. The gang had been distributing fake wallet Android Package kit (APK) installation packages through popular messaging apps. The gang distributed counterfeit wallet APK installation packages through...

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Do Kwon arrested, bitcoin reclaims $28,000, SEC’s enforcement actions persists

0xMain
March 26, 2023

actions, arrested, Bitcoin, enforcement, Hacking, Kwon, persists, reclaims, SECs

This week was mixed, punctuated by bullish and bearish patterns in the price action of top crypto assets, including bitcoin and ethereum. Noteworthy development included the recovery of bitcoin (BTC), which rejected bear pressure and rallied back above $28,000. The uptrend remains despite...

Terraform Labs’ Do Kwon allegedly arrested in Montenegro

0xMain
March 23, 2023

allegedly, arrested, Hacking, Kwon, Labs, Montenegro, Terraform

Montenegrin police have detained “the most wanted fugitive in the world” — Do Kwon, a South Korean national, co-founder, and CEO of Terraform Labs based in Singapore. According to Filip Adzic, Montenegro’s interior minister, Kwon, responsible for over $40 billion in losses, was...