Defraud
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Tracking the stories that matter across crypto and online security.

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🚨 MORE THAN $9.3M DRAINED FROM TRIPLE-A HOT WALLETS More than $9.3 million has been drained from wallets linked to crypto payments platform "Triple-A" across Ethereum, TRON, TON and Solana, with the stolen funds being swapped and bridged to Ethereum. The…
🚨 UPDATE: ANOTHER $1.8M DRAINED FROM TRIPLE-A

More than 31 hours after suspicious outflows were first detected, new deposits linked to Triple-A are reportedly still being drained.

An additional $1.8 million has now been taken across Bitcoin and TRON, bringing the reported total above $11.1 million.

Triple-A has responded by stating: β€œWe confirm that customers’ funds are not impacted.”

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🚨 GARDEN FINANCE HIT BY $450K EXPLOIT

Around $450,000 USDT has been drained from Garden Finance contracts across Ethereum, Base, Arbitrum and BNB Chain.

The exploit appears to be ongoing, with the attacker targeting contracts used to process cross-chain swaps.

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🚨 CRYPTO DAO’S PRO TOKEN EXPLOITED FOR $7.5M

An attacker abused the system used to distribute and rebalance Crypto DAO’s PRO token, repeatedly manipulating its PRO/BSC-USD trading pool on BNB Chain.

Around $7.46 million in stablecoin liquidity was drained through a custom-built attack contract.

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🚨 APPLE SUED AFTER FAKE WALLET APP DRAINS $1.8M IN BITCOIN

Three iPhone users are suing Apple after allegedly losing a combined $1.8 million in Bitcoin through a fake Sparrow Wallet app downloaded from the App Store.

The victims entered their seed phrases into the fraudulent app, allowing scammers to drain their wallets. The real Sparrow Wallet has never released an iPhone app, while its developer reportedly warned Apple about impersonators as early as January 2024.

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🚨 RUSSIA CHARGES PAVEL DUROV WITH AIDING TERRORISM

Russia’s Federal Security Service (FSB) has charged Telegram founder Pavel Durov and placed him on an international wanted list, accusing Telegram of failing to remove channels, chats and bots allegedly used to coordinate sabotage, attacks and cybercrime.

The FSB claims Ukrainian operatives used the dating bot Leo (@leomatchbot) to pose as women, send phishing links and later impersonate Russian authorities to pressure young users into committing arson and attacks. It says 46 Russians aged 12 to 22 have been detained since July 2025.

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🚨 AUSTRALIA SUES TELEGRAM

Australia’s eSafety Commissioner has taken Telegram to Federal Court, accusing the platform of failing to remove videos of terrorist executions and mass shootings after users reported them.

Court documents allege 10 of 12 reported posts remained online, while the accounts responsible were not suspended or blocked. Telegram could be fined up to A$54.6 million, equivalent to around US$38 million.

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🚨 HACKERS REPLACE COPIED CRYPTO ADDRESSES

Advertising giant Adform, whose tracking technology is embedded across many websites, suffered a breach that exposed visitors to a crypto-stealing script.

While an affected website was open, the script could monitor your clipboard and replace copied Bitcoin, Ethereum or TRON addresses with one controlled by the attacker.

You copy the correct address, but seconds later your clipboard holds theirs instead.

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πŸ‘€ $210M LOST TO CRYPTO HACKS IN JULY

The crypto industry suffered 30 major hacks in July, with total losses reaching approximately $210.3 million, up from $75.9 million in June.

The largest incidents included COLDCARD at around $70 million, followed by AFX Trade and Ostium at roughly $24 million each.

The COLDCARD theft was the third-largest crypto hack of 2026 so far, behind the Drift and KelpDAO attacks.

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🚨 BITGO CEO DARES CLAUDE TO STEAL $6M

BitGo CEO Mike Belshe has placed 100 BTC worth around $6.3 million into a wallet and publicly challenged Anthropic’s Claude AI to take it.

The challenge follows Anthropic’s disclosure that Claude models reached the real internet during security tests and gained unauthorised access to systems belonging to three organisations.

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🚨 AI FOUND THE $100M COLDCARD BUG FOR JUST $2

Claude Code reportedly uncovered the same bug behind the COLDCARD thefts in just eight minutes using a single prompt.

A second test used GLM 5.2, a coding-focused AI model, with web access disabled, requiring it to identify the vulnerability directly from the code. It found the same issue in around 20 minutes at an estimated cost of just $2.

Total losses could now be as high as 2,055 BTC, worth around $130 million, showing how cheaply AI can uncover vulnerabilities capable of causing massive damage.

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🚨 THREE MEN CHARGED IN KIDNAPPING PLOT LINKED TO MALONE LAM’S $245M BITCOIN HEIST

Federal prosecutors have revealed charges against Sedric Louis, John Davis and Martel Williams, accusing them of travelling to Connecticut to rob Veer Chetal, who later pleaded guilty over the 2024 social-engineering theft of 4,100 BTC alongside Malone Lam and Jeandiel Serrano.

The trio allegedly stalked Chetal and his parents for two days while carrying air rifles and walkie-talkies, planning to force him to transfer the stolen Bitcoin. They abandoned the plot after fearing they had been caught on security cameras.

Days later, a separate Florida crew carried out the attack, carjacking, beating and briefly kidnapping Chetal’s parents.

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🚨 HACKERS GUESS SEED PHRASES AND STEAL $5.7M

A flaw in several crypto wallet apps caused attackers to generate seed phrases that were far more predictable than they should have been.

Attackers could rapidly generate huge numbers of seed phrases until they found one connected to a real wallet, allowing them to access the funds without ever hacking the victim’s device.

At least $5.7 million has been stolen, with users of RRWallet, Bexo Wallet, NanChat, Bitcoin Libre and Milo identified as potentially affected.

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🚨 FAKE TREZOR AD LINKED TO $1.5M IN STOLEN BITCOIN

A fake Trezor website appeared as the top sponsored Google result for searches like β€œTrezor wallet,” sending users to a near-identical copy of the real site hosted on Google.

Victims were prompted to enter their 12 or 24-word seed phrase, giving attackers complete access to their wallets. Multiple users say they were drained after using the site, with more than 24 BTC worth around $1.5 million reportedly sent to the scam wallet.

Trezor says it is aware of the phishing campaign and is working with Google to have the fake pages removed.

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🚨 BYBIT SUES NORTH KOREA OVER $1.5B HACK

Bybit has filed a lawsuit against North Korea and the Lazarus Group, accusing them of carrying out the $1.5 billion hack that hit the exchange in February 2025.

A US judge has already ordered identified stolen assets to be frozen, with around $75.5 million recovered or frozen so far. Bybit says more than 90% of the stolen funds have now become untraceable after being moved through mixers, bridges and other services.

Do you think Kim will send the crypto back?

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🚨 $7.9M DRAINED FROM COINSBUY WALLETS

More than $7.9 million has reportedly been drained from wallets linked to crypto payment processor Coinsbuy across Ethereum and TRON.

The attacker quickly began swapping the stolen funds into Monero, while ChangeNOW reportedly froze a six-figure portion before it could be laundered.

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