List of Flash News about Genesis Creditor theft
Time | Details |
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2025-05-16 19:47 |
Mark Cuban Crypto Wallet Hacked: $243M Genesis Creditor Theft Linked to Social Engineering Scam Revealed by ZachXBT
According to ZachXBT, Mark Cuban suffered a crypto asset loss from his public wallet markcuban.eth on June 23, 2024, due to a social engineering scam. ZachXBT revealed that the device indicators in Cuban’s case matched those uncovered during the $243 million Genesis Creditor theft, suggesting a connection between these high-profile incidents. This correlation highlights an ongoing vulnerability in wallet security and increases the risk profile for high-net-worth crypto holders. Traders should monitor developments as these coordinated attacks can negatively impact market confidence and drive short-term volatility in major cryptocurrencies. Source: ZachXBT (@zachxbt, Twitter, May 16, 2025). |
2025-05-15 21:09 |
Twelve Charged in $243M Genesis Creditor Theft Case: Crypto Market Impact and Trading Insights
According to ZachXBT, twelve individuals have been charged today in connection with the $243 million Genesis creditor theft, with Aakaash Anand identified for laundering funds for Veer/Wiz (source: ZachXBT on Twitter, May 15, 2025). This major enforcement signals heightened regulatory scrutiny and could increase short-term volatility for Genesis-related tokens and DeFi assets exposed to similar security risks. Traders should monitor asset flows and potential market reactions as law enforcement action may trigger shifts in liquidity and sentiment across the crypto ecosystem. |
2025-05-15 15:03 |
AML Bot Security Flaws Exposed: $243M Genesis Theft Highlights Crypto Compliance Risks
According to ZachXBT on Twitter, significant weaknesses in the internal controls of AML Bot have allowed criminals to exploit the tool to evade detection by compliance platforms, especially after major incidents such as the $243 million Genesis Creditor theft. This vulnerability in AML Bot's system enabled illicit actors to check and bypass flagged addresses following the hack, raising concerns for traders about the reliability of anti-money laundering solutions and the ongoing risk to cryptocurrency exchanges and DeFi platforms (Source: @zachxbt via Twitter, May 15, 2025). |