Three years later, Bo Shen has opened a recovery hunt, inviting anyone to help trace stolen funds. Bo Shen, co-founder of Fenbushi Capital, has renewed efforts to recover roughly $42 million in digital assets stolen from his personal wallet in a November 2022 hack. This time, he is using a public appeal to mobilize…
The UK has sanctioned crypto marketplace Xinbi and Cambodia’s #8 Park scam compound over a $19.9b fraud and trafficking network, freezing London assets ahead of June’s Illicit Finance Summit. Summary The UK sanctioned Xinbi — the first country to do so — after Chainalysis data showed it processed over $19.9 billion in illicit transactions between…
Elon Musk is considering allocating as much as 30% of SpaceX’s initial public offering to retail investors, according to a Reuters report, a sharp break from the typical 5% to 10% allocation seen in most listings. The move reflects Musk’s strategy to lean on loyal backers and individual investors to stabilize trading after the debut…
They cut off his finger to prove they were serious. The victim was a cryptocurrency entrepreneur. The ransom demand was over $10 million. And the man allegedly behind Europe’s worst crypto kidnapping just ran out of places to hide. Spanish Civil Guard arrested a French fugitive in Benalmádena, Málaga, under a European Arrest Warrant, according…
The launch of the bounty program comes just weeks after Sun settled a long-running SEC case for $10 million, with all claims dismissed. Tron founder Justin Sun has said that his team has built an AI system capable of identifying suspects in crypto fraud cases. He also said that he will put $100 million…
Tether has launched XAU₮ on BNB Chain and Binance, extending its 60% share of a $4b tokenized gold market across 12+ networks via the USDt0 cross-chain system. Summary Tether’s gold-backed token XAU₮ is now live on BNB Chain, bringing the product to the world’s largest cryptocurrency exchange ecosystem and expanding its cross-chain reach to over…
LayerZero said Thursday it has integrated with Canton Network, becoming the first interoperability protocol live on the institutional blockchain and opening a route for tokenized assets on Canton to move across more than 165 public chains. The tie-up is aimed at solving one of tokenization’s biggest bottlenecks, which is how to connect regulated onchain assets…
Larry Fink just put a number on his Bitcoin price bet. The BlackRock CEO, who once called crypto a money laundering tool, is now projecting $500 million in annual revenue from digital assets by 2030. That is not a footnote. That is a line item in a shareholder letter from the man running $10 trillion…
The price target depends on one condition being met: XRP bottoming near $0.87, around its 100-period exponential moving average. A crypto analyst has laid out a multi-scenario XRP price forecast stretching to 2027, using a method that averages Fibonacci extension levels across past market cycles to identify where price, time, and chart structure converge….
ZachXBT blasted YoungHoon Kim’s $LAMB presale as a religion-wrapped grift, pointing to botted engagement, recycled scam copy and a playbook he’s seen in prior fraud investigations. Summary On-chain investigator ZachXBT publicly questioned whether “grifting religion to promote a crypto token presale” is a viable strategy in 2026, targeting a token launch by self-proclaimed IQ 276…
