Wells Fargo Customer Loses Thousands in Zelle Scam

Scammer Poses as Wells Fargo Eileen Loughran, a Wells Fargo customer from San Francisco, received a text message from what appeared to be Wells Fargo asking about a $957 transfer through Zelle. She replied “no” and immediately received a call from a number displayed as “Wells Fargo Fraud Alert.” The scammer on the line convinced…

Read More

Crypto Hacks on the Rise: Stolen Value Soars

February: A Month of Massive Theft Blockchain investigator PeckShield reports a staggering 97.6% increase in the value of cryptocurrencies stolen in February compared to January. Over 21 attacks resulted in the theft of approximately $360.83 million. Top Three Attacks of the Month PlayDapp: The web3 gaming platform lost $290 million in PLA tokens after two…

Read More

Sam Bankman-Fried’s Autism Disorder as a Mitigating Factor in Sentencing

Sam Bankman-Fried, the former CEO of the collapsed FTX crypto exchange, is seeking a lighter sentence for his fraud convictions, citing his autism spectrum disorder. Defense’s Arguments Bankman-Fried’s lawyers argue that his autism makes him vulnerable in prison due to: Increased risk of violence and extortion Difficulty understanding social cues and rules Anhedonic depression Letters…

Read More