Cryptocurrency news

Bitcoin (BTC) $ 110,591.00
Ethereum (ETH) $ 3,979.16
Tether (USDT) $ 1.00
BNB (BNB) $ 1,100.54
XRP (XRP) $ 2.49
Solana (SOL) $ 189.97
USDC (USDC) $ 0.999801
Lido Staked Ether (STETH) $ 3,977.46
TRON (TRX) $ 0.322730
Dogecoin (DOGE) $ 0.199946
Cardano (ADA) $ 0.663333
Wrapped stETH (WSTETH) $ 4,842.67
Wrapped Beacon ETH (WBETH) $ 4,297.65
Wrapped Bitcoin (WBTC) $ 110,628.00
Figure Heloc (FIGR_HELOC) $ 0.996783
Chainlink (LINK) $ 18.65
Ethena USDe (USDE) $ 0.999455
Wrapped eETH (WEETH) $ 4,296.29
Stellar (XLM) $ 0.325190
Hyperliquid (HYPE) $ 38.00
Bitcoin Cash (BCH) $ 479.08
Sui (SUI) $ 2.58
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
WETH (WETH) $ 3,982.02
Avalanche (AVAX) $ 20.36
USDS (USDS) $ 0.999765
LEO Token (LEO) $ 8.98
USDT0 (USDT0) $ 1.00
Coinbase Wrapped BTC (CBBTC) $ 110,600.00
Hedera (HBAR) $ 0.176193
Litecoin (LTC) $ 94.40
WhiteBIT Coin (WBT) $ 41.90
Shiba Inu (SHIB) $ 0.000010
Mantle (MNT) $ 1.81
Monero (XMR) $ 309.31
Toncoin (TON) $ 2.24
Cronos (CRO) $ 0.150789
Ethena Staked USDe (SUSDE) $ 1.20
Polkadot (DOT) $ 3.09
Dai (DAI) $ 1.00
Zcash (ZEC) $ 268.00
Bittensor (TAO) $ 424.02
Uniswap (UNI) $ 6.34
World Liberty Financial (WLFI) $ 0.131947
OKB (OKB) $ 169.93
Aave (AAVE) $ 228.97
MemeCore (M) $ 2.04
Bitget Token (BGB) $ 4.67
Ethena (ENA) $ 0.452557
Pepe (PEPE) $ 0.000007
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
NEAR Protocol (NEAR) $ 2.26
PayPal USD (PYUSD) $ 1.00
USD1 (USD1) $ 0.999855
Jito Staked SOL (JITOSOL) $ 235.15
sUSDS (SUSDS) $ 1.07
Currency One USD (C1USD) $ 0.996109
Ethereum Classic (ETC) $ 16.01
Binance-Peg WETH (WETH) $ 3,980.67
Ondo (ONDO) $ 0.751695
Aptos (APT) $ 3.27
Aster (ASTER) $ 1.16
Tether Gold (XAUT) $ 4,354.95
Falcon USD (USDF) $ 0.995121
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.45
POL (ex-MATIC) (POL) $ 0.200569
Worldcoin (WLD) $ 0.918227
HTX DAO (HTX) $ 0.000002
Gate (GT) $ 15.92
USDtb (USDTB) $ 0.999958
Story (IP) $ 5.54
Rocket Pool ETH (RETH) $ 4,554.67
Arbitrum (ARB) $ 0.322219
Provenance Blockchain (HASH) $ 0.035151
KuCoin (KCS) $ 13.42
Binance Staked SOL (BNSOL) $ 204.54
Internet Computer (ICP) $ 3.19
Pi Network (PI) $ 0.206782
BFUSD (BFUSD) $ 0.999972
Algorand (ALGO) $ 0.186792
Kelp DAO Restaked ETH (RSETH) $ 4,203.62
Cosmos Hub (ATOM) $ 3.28
VeChain (VET) $ 0.017841
StakeWise Staked ETH (OSETH) $ 4,211.58
Kaspa (KAS) $ 0.054707
Wrapped BNB (WBNB) $ 1,100.78
Kinetiq Staked HYPE (KHYPE) $ 38.14
PAX Gold (PAXG) $ 4,364.88
Liquid Staked ETH (LSETH) $ 4,248.93
Pudgy Penguins (PENGU) $ 0.022423
Pump.fun (PUMP) $ 0.003853
Sky (SKY) $ 0.058296
Flare (FLR) $ 0.017580
Render (RENDER) $ 2.57
Lombard Staked BTC (LBTC) $ 110,475.00
Renzo Restaked ETH (EZETH) $ 4,225.98
Syrup USDC (SYRUPUSDC) $ 1.13
Sei (SEI) $ 0.199050
Quant (QNT) $ 84.85
Official Trump (TRUMP) $ 5.98
NEXO (NEXO) $ 1.18
Bonk (BONK) $ 0.000015
Jupiter (JUP) $ 0.364220
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999625
XDC Network (XDC) $ 0.062844
Solv Protocol BTC (SOLVBTC) $ 110,132.00
Filecoin (FIL) $ 1.58
Immutable (IMX) $ 0.526463
ChainOpera AI (COAI) $ 5.18
First Digital USD (FDUSD) $ 0.998161
Morpho (MORPHO) $ 1.93
PancakeSwap (CAKE) $ 2.91
Mantle Staked Ether (METH) $ 4,291.91
SPX6900 (SPX) $ 1.03
Jupiter Staked SOL (JUPSOL) $ 217.59
Global Dollar (USDG) $ 1.00
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 110,620.00
RNA (SN117) $ 4,708.96
Fasttoken (FTN) $ 2.02
Ripple USD (RLUSD) $ 0.999986
clBTC (CLBTC) $ 111,829.00
Injective (INJ) $ 8.74
Celestia (TIA) $ 1.03
DoubleZero (2Z) $ 0.237512
Lido DAO (LDO) $ 0.915656
Stacks (STX) $ 0.442246
Optimism (OP) $ 0.447478
Marinade Staked SOL (MSOL) $ 253.21
OUSG (OUSG) $ 113.00
Curve DAO (CRV) $ 0.551740
FLOKI (FLOKI) $ 0.000080
cgETH Hashkey Cloud (CGETH.HASH) $ 3,775.64
Aerodrome Finance (AERO) $ 0.838754
Plasma (XPL) $ 0.398133
L2 Standard Bridged WETH (Base) (WETH) $ 3,979.73
Superstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.86
Artificial Superintelligence Alliance (FET) $ 0.269706
The Graph (GRT) $ 0.065737
Ondo US Dollar Yield (USDY) $ 1.11
Stables Labs USDX (USDX) $ 0.998137
Pyth Network (PYTH) $ 0.116385
Sonic (S) $ 0.173833
tBTC (TBTC) $ 110,355.00
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,982.15
Tezos (XTZ) $ 0.598832
Kaia (KAIA) $ 0.107340
GTETH (GTETH) $ 3,982.42
Stader ETHx (ETHX) $ 4,264.40
Dash (DASH) $ 48.74
IOTA (IOTA) $ 0.147013
Ether.fi (ETHFI) $ 1.07
Beldex (BDX) $ 0.078982
USDai (USDAI) $ 1.02
AB (AB) $ 0.007029
Conflux (CFX) $ 0.112685
Saros (SAROS) $ 0.214488
Theta Network (THETA) $ 0.560417
Coinbase Wrapped Staked ETH (CBETH) $ 4,377.86
Synthetix (SNX) $ 1.62
Starknet (STRK) $ 0.128679
Trust Wallet (TWT) $ 1.31
Usual USD (USD0) $ 0.998189
dogwifhat (WIF) $ 0.542094
Pendle (PENDLE) $ 3.19
MYX Finance (MYX) $ 2.82
Virtuals Protocol (VIRTUAL) $ 0.799096
Swell Ethereum (SWETH) $ 4,387.72
Polygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999874
GALA (GALA) $ 0.011339
The Sandbox (SAND) $ 0.214471
Ethereum Name Service (ENS) $ 15.60
Polygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999798
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 110,635.00
Binance-Peg Dogecoin (DOGE) $ 0.199907
Mantle Bridged USDT (Mantle) (USDT) $ 1.00
JasmyCoin (JASMY) $ 0.010472
Raydium (RAY) $ 1.88
BitTorrent (BTT) $ 0.00000051
TrueUSD (TUSD) $ 0.999245
SwissBorg (BORG) $ 0.496295
BENQI Liquid Staked AVAX (SAVAX) $ 25.02
Steakhouse USDC Morpho Vault (STEAKUSDC) $ 1.10
Mantle Restaked ETH (CMETH) $ 4,289.05
USDD (USDD) $ 1.00
Vaulta (A) $ 0.291965
Zora (ZORA) $ 0.103358
Arbitrum Bridged Wrapped eETH (Arbitrum) (WEETH) $ 4,293.02
Decentraland (MANA) $ 0.240175
ether.fi Staked ETH (EETH) $ 3,977.90
Flow (FLOW) $ 0.277325
EigenCloud (prev. EigenLayer) (EIGEN) $ 1.15
Sun Token (SUN) $ 0.023262
Jito (JTO) $ 1.14
Aster Staked BNB (ASBNB) $ 1,163.49
Bitcoin SV (BSV) $ 21.80
Polygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,981.33
Frax Ether (FRXETH) $ 3,950.09
Circle USYC (USYC) $ 1.10
0G (0G) $ 1.94
Aethir (ATH) $ 0.028908

Crypto scam: New York authorities charge Michael Lauchlan

By admin On Aug 2, 2024

Manhattan District Attorney Alvin Bragg announced criminal charges against Michael Lauchlan for his involvement in a fake crypto asset recovery business.

Lauchlan, operating under the alias Max Handler, allegedly defrauded customers through the company Coin Dispute Network (CDN) by falsely claiming to recover lost crypto assets.

Lauchlan pretended to be CDN’s vice president and chief recovery officer. Clients paid in Ethereum to speak with a “recovery analyst.”

Lauchlan allegedly deceived clients by falsely claiming to know the location of their lost crypto and offering to recover it for an additional fee. Instead, he extracted users’ fees and Ethereum (ETH) without providing the promised services.

“This complaint alleges a cutting-edge approach to a crime as old as time,” said District Attorney Bragg. “By manipulating customers with false promises and pocketing a fee, Michael Lauchlan allegedly engaged in a scheme that defrauded dozens of people and stole from at least three New Yorkers.”

The charges against Lauchlan include three counts of grand larceny and two counts of scheme to defraud.

You might also like: The Do Kwon saga continues: Montenegro allows for extradition of former Terraform CEO to South Korea

Crypto scam details

Between July 2022 and June 2023, CDN purportedly offered services such as blockchain analysis, tracing, and recovery of lost crypto assets. However, these claims were deceptive, and Lauchlan exploited customers’ lack of experience in the cryptocurrency industry to steal their funds.

“This complaint alleges a cutting-edge approach to a crime as old as time.” – D.A. Bragg. Today we announced charges against a man for stealing from customers of Coin Dispute Network, a sham cryptocurrency asset recovery business. Learn more: https://t.co/2dcIAIv0np

— Alvin Bragg (@ManhattanDA) August 1, 2024

In June 2023, the Manhattan DA’s office seized the CDN website, marking a significant action against a crypto recovery scam. Authorities arrested Lauchlan in Las Vegas on July 9, 2024.

The DA’s office has identified approximately $14,000 in user funds transferred to CoinEx by CDN and has spoken to over 175 affected individuals.

You might also like: Crypto scam tracker launched in Wisconsin amid rising criminal activity

Source

admin 14220 posts 0 comments

Prev Post

OKX Wallet Integrates with Instadapp to Enhance DeFi Interactions

Next Post

Why Bitcoin and Cryptocurrencies Are Falling Despite the FED’s Almost Certain Rate Cut in September Analysts Explained

Leave A Reply