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#FBI crypto investigation

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Binance Wallets See $2.5 Billion in Outflows as Withdrawals Resume Post-Hack
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Binance Wallets See $2.5 Billion in Outflows as Withdrawals Resume Post-Hack

Key Highlights Binance has initiated a phased restoration of withdrawals across 15 blockchain networks following an October 29 cyberattack tied by the FBI to North Korea’s TraderTraitor group. Co-founder Yi He confirmed that transaction processing is largely stable, though heavy user demand may cause brief periods of network congestion. Binance has replenished approximately 95% of ...

Crypto Founder Charged in Alleged $9M Memecoin Rug Pull Scheme
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Crypto Founder Charged in Alleged $9M Memecoin Rug Pull Scheme

Key Highlights A federal indictment charges Sisemore with three counts of wire fraud over an alleged cryptocurrency “rug pull” scheme operating between April 2021 and at least October 2023. Prosecutors allege developers secretly distributed 12% of the token supply to their own wallets while publicly marketing the venture with the claim: “A community-owned project with ...