Aurelien Michel, the developer of the Mutant Ape Planet NFT collection, has pleaded guilty to defrauding buyers in a rug pull that resulted in nearly $3 million in profit. Michel, a French citizen residing in the United Arab Emirates, was arrested in New York and faces up to five years in prison. He has also agreed to pay $1.4 million in forfeiture. Michel admitted to the rug pull in the community's Discord channel under the pseudonym "James," stating that the community had become too toxic.
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Developer of Mutant Ape Planet NFTs Pleads Guilty to $3M Fraud in Rug Pull Scandal
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Cosine: After a user used GPT to write a bot with a backdoor code, the private key was sent to a phishing website
SlowMist Yu Xian stated in a post on the X platform that a user used GPT to write a bot with code and sent the private key to a phishing website. The reason why the private key was stolen was because it was directly sent to the phishing website in the HTTP request body. Yu Xian reminded that when using LLM such as GPT/Claude, one must pay attention to the common fraudulent behavior of these LLM. It was previously mentioned that AI poisoning attacks were carried out, and now this is a real attack case targeting the crypto industry. -
Polymarket Blocks French Users Amid Government Investigation into Gambling Law Compliance
Polymarket has blocked users from France following reports of an investigation by the country's gaming authority for compliance with gambling laws. The ban was not stated in Polymarket's terms of service, but French users attempting to access the website using a VPN from a French server were met with a digital blockade. The ANJ, France's national gaming authority, began investigating Polymarket after a French trader placed large bets on Donald Trump winning the 2024 US Presidential election. -
Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, was expelled from the party and removed from public office for allegedly u
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SlowMist: Will help law enforcement agencies track down the stolen funds from DEXX. Currently, about 2,000 suspicious addresses have been roughly identified.
SlowMist announced on X platform that its team will assist law enforcement agencies in tracking stolen funds and analyzing related clues. A complete list of hacker addresses will soon be released with DEXX. Currently, about 2,000 suspicious addresses have been roughly identified. -
DEXX: If all assets are recovered, full compensation will be given immediately
DEXX, the on-chain trading terminal, has released an update regarding the previous security incident. DEXX has officially filed a lawsuit and the SlowMist team is actively assisting law enforcement in the follow-up investigation. At the same time, DEXX is actively discussing compensation plans. Regarding compensation: -
SlowMist: DEXX incident has identified more than 900 victims, with total losses estimated at $21 million
blockchain security company SlowMist announced that as of November 18th, the DEXX incident report has been updated: more than 1,100 reports of funds being stolen have been received from the community. After removing duplicate reports, it has been confirmed that there are more than 900 victims, with a total estimated loss of $21 million (affected by price fluctuations). Loss details (so far): -
Warning: Multiple Dexx user emails have been subjected to abnormal login attempts. It is recommended to change the passwords of the associated accounts in time.
On November 18th, OneKey Security Lab issued a security warning. Multiple users of the Dexx trading platform reported abnormal login attempts on their associated email accounts. OneKey recommends that users take immediate security measures, especially for those who use the same password for logging in to Dexx and their email: 1) immediately change the password for all Web2 accounts that use the same password; 2) completely abandon any leaked password combinations; 3) pay special attention to the security of email accounts that contain sensitive information and are associated with multiple authentications. -
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Careers in Crypto: 5 Insights for 2024
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Cointime August 10th News Express
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Adidas and Doodles collaborate to launch a limited edition NFT collection pack
Sportswear giant Adidas is collaborating with Ethereum NFT series Doodles to sell virtual gift packages that support buyers in purchasing exclusive physical clothing. Adidas and Doodles stated in a joint statement that these limited edition collectible packages will be available for purchase before August 16th, with two items in each package. The Adidas Originals x Doodles online store shows that the retail price for a single package is $4.99, while the price for 2 to 100 packages ranges from $8.49 to $374.99.Some joint sets include physical collectibles featuring Deysi, the digital mascot in Pharrell Williams and Coi Leray's new song "Not in the Store". These collectibles include Deysi sportswear and Superstar shoes, with each limited to 200 pieces.
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