O August 8, the US Commodity Futures Trading Commission (CFTC) announced that it paid a whistleblower a $1 million award for providing details of improper trading on a cryptocurrency platform.
CFTC Enforcement Director Ian McGinley said that as more and more Americans become victims of cryptocurrency scams, the CFTC is increasingly relying on tips from whistleblowers to conduct investigations. Whistleblowers can receive between 10% and 30% of the fine amount. These funds come entirely from the institution's customer protection fund.
Under the Commodity Exchange Act (CEA), the CFTC does not disclose the identity of whistleblowers, specific enforcement actions, or exact reward amounts. "In the previous fiscal year, cryptocurrency cases accounted for nearly 50% of the CFTC's docket, and most of the whistleblowers were related to cryptocurrency."
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US CFTC will reward crypto whistleblowers with 10% to 30% of the fine amount
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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
the Discipline Inspection and Supervision Team of the Central Commission for Discipline Inspection and the National Supervision Commission stationed in the China Securities Regulatory Commission and the Supervision Commission of Shantou City, Guangdong Province, recently conducted disciplinary review and supervision investigations into Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission and former director of the Information Center, for serious violations of discipline and law. -
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. -
Polterfinance left a message to the hacker: If the funds are returned in time, no legal action will be taken
On November 18th, Polterfinance, a lending project on the Fantom chain, left a message to the hacker on the chain, stating: "If the funds can be returned in a timely manner, we are willing to negotiate and will not take legal action. Please send the funds to the corresponding address on the Fantom chain (starting with 0x6cA0). If further communication is needed, please reply to this message." Earlier today, Polterfinance reported that it was attacked on the Fantom chain, with over $7 million in encrypted assets stolen. The attacker initially obtained the funds through Tornado Cash on Ethereum, which were later bridged to Fantom. -
He Yi: Telegram accounts have been maliciously reported and banned. Users should be wary of scams impersonating related accounts
Binance co-founder He Yi posted on social media that "my Telegram account has been maliciously reported and banned. If someone claims to be Yi on Telegram, it is a scam." -
The Hong Kong Monetary Authority calls on citizens to be vigilant about the use of "banking" behavior by overseas crypto asset institutions that are not licensed banks in Hong Kong
Hong Kong Monetary Authority has called on citizens to be vigilant and careful of certain offshore encrypted asset institutions that are not licensed banks in Hong Kong. They claim to be "banks" in Hong Kong or use the word "bank" when describing their products or services. These actions may have violated the "Banking Ordinance". -
SlowMist: Suspicious activity related to vETH detected, users remain vigilant
blockchain security company SlowMist has issued a security alert, stating that suspicious activity related to vETH tokens has been detected. SlowMist reminds users to remain vigilant and pay attention to asset security. According to Cyvers Alerts analysis, hackers caused approximately $440,000 in losses through price manipulation. The attacker first obtained funds through Tornado Cash on the BNB Chain and then crossed the chain to Ethereum through Bridgers. -
ZachXBT: Crypto exchange M2 was hacked yesterday and about $13 million was stolen
On November 1st, according to online detective ZachXBT on his personal channel, the cryptocurrency trading platform M2 was hacked yesterday, and approximately $13 million was stolen from multiple hot wallets.
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