Jailed crypto scammers blew stolen funds on shark tank, hookers: Report
The fraudsters stole $21.6 million from over 40,000 investors to fund their lavish lifestyles, which also reportedly included $100,000 spent on sex workers.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The fraudsters stole $21.6 million from over 40,000 investors to fund their lavish lifestyles, which also reportedly included $100,000 spent on sex workers.
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
Court Order Lets DOJ Lock Up $1.2 Billion of North Korea’s Stolen Binance Crypto
The U.S. Department of Justice (DOJ) has court authorization to seize or restrain more than $1.2 billion of the crypto North Korea...
Kraken Parent Payward Swaps Its Headline Metric, Reports $487 Million in Q3 Platform Margin
Payward, the privately held parent of Kraken, publishes selected quarterly figures rather than SEC filings, and until now led them...
JPMorgan reports 36% rise in Strategy share holdings and $540 million in BlackRock’s bitcoin ETF
JPMorgan reported 224,545 more Strategy shares in the third quarter as its BlackRock bitcoin ETF holdings climbed to 11.4 million...
Binance says stolen crypto has been replaced but some customers have to wait
The 198-token reserve snapshot expands Binance's disclosed scope, while proof availability, phased withdrawals and SAFU restoratio...
Meta Tests Prediction Markets, DOJ Moves on $1.2 Billion in Binance Hack Funds, and Ancient Bitcoin Stirs
Meta tests a points-based prediction-market app, the DOJ moves to seize $1.2 billion from the Binance hack, and 16-year dormant Bi...
Nakamoto Gets Extra Year on 60 Million USDT Kraken Loan; Derivatives Count Toward Collateral
Nakamoto Inc. (NAKA) is a bitcoin treasury company, a public company holding bitcoin as a core asset, and has borrowed against it....