Brooklyn DA shutters 40 NFT scam sites after artist loses $135K
An investigation by the Brooklyn District Attorney’s Virtual Currency Unit into the victim of an NFT scam led to the discovery and dismantling of a network of fake NFT marketplace sites.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
An investigation by the Brooklyn District Attorney’s Virtual Currency Unit into the victim of an NFT scam led to the discovery and dismantling of a network of fake NFT marketplace sites.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
XRP Ledger discloses overflow bug that could have minted XRP beyond its supply cap
The XRP Ledger bug highlights the critical need for robust security measures and swift response protocols to maintain trust in blo...
Bitcoin holder loses 80 BTC worth $5.2 million after moving funds to reseller-bought Ledger
The incident underscores the critical importance of purchasing hardware wallets from official sources to ensure asset security. Th...
New York Permanently Bars Ex-Celsius CEO Mashinsky From Crypto and Securities Industries
New York Attorney General Letitia James announced on Friday a settlement with Alex Mashinsky, a co-founder and former CEO of crypt...
Celsius Founder Alex Mashinsky Hit With $35M Deal and Permanent Crypto Industry Ban
Key Takeaways: Under a NY settlement, Alex Mashinsky may have to pay up to $35M in conditional payments. Celsius’s previous chief...
Blockchain.com Seeks CFTC Approval for Prediction Markets, Crypto Derivatives
Blockchain.com is seeking regulatory approval to launch prediction markets and cryptocurrency derivatives trading in the United St...
What Is Crypto Spot Trading?
For example, a token can be up 70% and still be a terrible trade if you have no idea when to take profits. Likewise, a 30% dip can...