#ColdWallets

Man pleads guilty to stealing $37 million in crypto from 571 victims

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October 6, 2024 at 11:50AM Evan Frederick Light from Indiana pleaded guilty to stealing $37.7 million worth of cryptocurrency from 571 victims in a 2022 cyberattack. He stole the funds by exploiting vulnerabilities in an investment company’s servers and used various means to conceal the trace of the assets. The FBI tracked and arrested Light, … Read more

Kroll reveals FTX customer info exposed in August data breach

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December 28, 2023 at 01:08PM Risk and financial advisory company Kroll has revealed details about the August data breach, exposing personal info of FTX bankruptcy claimants, including coin holdings. Kroll cautioned affected individuals about potential phishing attacks and recommended security measures, such as not sharing personal info and storing crypto in cold wallets. The breach … Read more