Alleged insider theft of $40 million in Bitcoin from US Marshals contractor raises concerns about government crypto custody and its impact on the market.
ZachXBT alleges the son of a federal crypto custody contractor’s CEO is behind a multimillion-dollar theft from US government wallets, raising concerns about security and integrity.
The crypto community is facing a growing threat from crimes such as theft and corruption, with a recent incident in France involving masked gunmen and a corrupt tax official.
CZ reacts to the Trust Wallet hack, assuring users that funds are SAFU, while the investigation into the administrative access compromise continues, highlighting the importance of security and trust in the crypto industry.
A bank employee in Hawaii is accused of stealing over $40,000 from customers’ accounts, highlighting the vulnerabilities of traditional finance and the need for more robust security measures.
A former US lender employee has been sentenced to over two years in prison for stealing $345,014 from customer accounts, highlighting the need for robust internal controls in the financial sector.