Crypto Exchange
US bans MEXC crypto exchange over sanctions evasion, cybercrime links
The US Department of the Treasury has cut off the MEXC Global crypto exchange from the US financial system over sanctions evasion and links with cybercrime gangs. Founded in 2018, the Seychelles-based MEXC is one of the world’s largest crypto exchanges, giving more than 40 million users from more than 170 countries access to 3,000 […]
Binance links $6.3 billion crypto theft to compromised DevOps laptop
Binance, the world’s largest crypto exchange, has linked the theft of about $6.3 billion in cryptocurrency to a DevOps engineer’s compromised laptop. The crypto exchange said the access let attackers submit unauthorized withdrawal transactions after they accessed a service container, and it hasn’t yet found evidence of a leaked wallet private key. “To be clear: […]
Uranium crypto exchange hacker convicted for stealing $53 million
A Maryland man was found guilty of stealing more than $53 million after hacking the decentralized crypto exchange Uranium Finance twice in April 2021. 36-year-old Jonathan Spalletta (also known online as “Jspalletta” and “Cthulhon”) surrendered to law enforcement on March 30 and was charged with computer fraud and money laundering. According to court documents, Spalletta […]
Bitget hacked via zero-day in third-party security products
Cryptocurrency exchange Bitget revealed today that attackers who stole $387.5 million last week breached its systems after exploiting a zero-day flaw in third-party security products. According to Bitget, two separate investigations by blockchain security firm SlowMist and Google Cloud’s cyber-defense arm Mandiant said the threat actors accessed Bitget’s wallet environment after compromising two security appliances […]
Bitget resumes Bitcoin withdrawals after $387.5 million crypto heist
Cryptocurrency exchange Bitget has resumed Bitcoin withdrawals suspended after suspected North Korean hackers breached its systems last week and stole over $350 million. Bitget added that it has addressed the security vulnerability exploited in the incident and will restore withdrawal services for all other supported assets and networks as soon as possible. It also shared […]
Hackers steal $351.6 million in Bitget crypto exchange hack
Cryptocurrency exchange Bitget disclosed today that suspected North Korean hackers have stolen $351.6 million from its hot and warm wallets. The company discovered the breach Thursday evening after its security systems flagged multiple unauthorized transfers from a limited number of crypto wallets. Bitget has temporarily suspended all withdrawals while investigating the incident with help from […]
U.S. sanctions Nobitex crypto exchange used by Iranian ransomware actors
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Nobitex, Iran’s largest cryptocurrency exchange, for facilitating payments related to terrorist activities. Nobitex is believed to have helped evade economic sanctions and also facilitated transactions linked to the Islamic Revolutionary Guard Corps (IRGC). Among the transactions, the U.S. authorities found wallets associated […]
Money launderer linked to $230M crypto heist gets 70 months in prison
22-year-old Evan Tangeman of Newport Beach, California, was sentenced to 70 months in prison for laundering funds stolen in a massive $230 million cryptocurrency heist. According to court documents, Tangeman (also known as “E,” “Tate,” and “Evan|Exchanger”) helped the suspects behind the crypto-heist launder at least $3.5 million between October 2023 and May 2025. Fourteen suspects […]
Grinex exchange blames “Western intelligence” for $13.7M crypto hack
Kyrgyzstan-based cryptocurrency exchange Grinex has suspended its operations after suffering a $13.7 million hack attributed to Western intelligence agencies. The funds were stolen from cryptocurrency wallets belonging to Russian users, as the platform enables crypto-ruble exchange operations between Russian businesses and individuals. Launched early last year, Grinex has Russian links and is believed to be […]
Hacker charged with stealing $53 million from Uranium crypto exchange
U.S. prosecutors have charged a Maryland man with stealing more than $53 million after hacking the Uranium Finance crypto exchange twice and laundering the proceeds through a cryptocurrency mixer. 36-year-old Jonathan Spalletta (known online as “Cthulhon” and “Jspalletta”) appeared in court before U.S. Magistrate Judge Ona T. Wang after surrendering to law enforcement on Monday. […]