Articles for tag: asset seizure, blockchain investigation, cryptocurrency recovery, Cybercrime Awareness, DeFi Security, U.S. Authorities, Uranium Finance Hack

March 1, 2025

U.S. Recovers $31 Million from 2021 Uranium Finance Hack: A Major Step in Cyber Crime Accountability

U.S. authorities have successfully recovered $31 million in cryptocurrency stolen from Uranium Finance, a decentralized finance protocol, during cyberattacks in April 2021. The platform, which operated on Binance’s BNB Chain, lost over $53 million due to vulnerabilities in its smart contracts. Blockchain intelligence firm TRM Labs supported law enforcement in tracing the stolen assets, revealing ...

December 13, 2024

Market News

Crypto

Crypto Detective Recovers $550K from Scam Using Blockchain Analytics Techniques

Detective Scott Simons recounts a challenging case that began on September 10, 2024, when he received a distressing email about a victim scammed out of $551,000 in a cryptocurrency scheme. The scam unfolded through seemingly harmless social media interactions, where the scammer gained the victim’s trust before introducing a misleading cryptocurrency investment. As the investigation ...