Crypto FOMO Is Back. So Are the Scams
[ad_1] An analysis performed on behalf of WIRED by crypto auditing company Hacken identified red flags in the token’s underlying code that might in some circumstances betray a scam. Those…
Sarcophagus Is a Dead Man’s Switch for Your Crypto Wallet
[ad_1] The system, says Hamilton, is designed to be “anti-fragile,” meaning it depends on no party’s good will to achieve its end. Nobody but the originator and recipient have access…
Crypto Magnate Do Kwon Found Liable for Multibillion-Dollar Fraud
[ad_1] The defense attempted to draw a distinction between the failure of Terraform’s crypto assets, whose risk profile it implied was well understood by investors, and the acts of fraud…
He Emptied an Entire Crypto Exchange Onto a Thumb Drive. Then He Disappeared
[ad_1] He told the court that he grew his beard down to his clavicle, shaved his head. He said that when he learned about the prosecutor’s indictment—that his brother and…
FTX Founder Sam Bankman-Fried Sentenced to 25 Years in Prison
[ad_1] A US federal judge in the Southern District of New York has sentenced Sam Bankman-Fried, founder of bankrupt crypto exchange FTX, to 25 years in prison. In addition, Bankman-Fried…
The Science of Crypto Forensics Survives a Court Battle—for Now
[ad_1] On March 12, Russian-Swedish national Roman Sterlingov was found guilty of money laundering conspiracy and other violations by a federal jury in Washington, DC, for having operated Bitcoin Fog,…
Automakers Are Telling Your Insurance Company How You Really Drive
[ad_1] How do you know the internet has a deepfake porn problem? Just look at copyright takedown requests. WIRED found this week that Google is receiving thousands of Digital Millennium…
Craig Wright Is Not Bitcoin Creator Satoshi Nakamoto, Judge Declares
[ad_1] A judge in the UK High Court has declared that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the creator of Bitcoin, marking the end of a years-long…
What’s Behind the Bitcoin Price Surge? Vibes, Mostly
[ad_1] The latest surge in the price of bitcoin is increasing the clamor around it, says Dal Bianco, drawing in yet more speculators and creating a “self-reinforcing cycle.” Likewise, when…
Binance’s Top Crypto Crime Investigator Is Being Detained in Nigeria
[ad_1] In his years as a US federal agent, Tigran Gambaryan helped to lead landmark investigations that took down cryptocurrency thieves and money launderers, dark-web drug dealers, and even crypto-funded…