BlockThreat - Week 16, 2021
Thodex | Vebitcoin | EasiFi | EToken2 | SafeMoon
Something is afoot in Turkey with two crypto exchanges shutting down with one of the founders on the run. Another DeFi founder’s computer was hacked leading to a massive $60M theft. This week’s edition features lot’s of amazing write-ups on responsibly disclosed vulnerabilities and research papers. In other news, Faketoshi’s funds were apparently stolen after he got hacked by a Pineapple.
News
CEO of Turkish exchange Thodex flees the country with $2B in customer funds. The same week Turkish authorities detained several Vebitcoin employees on fraud charges shortly after the exchange seized its operations. Both incidents follow Turkey’s ban on crypto payments a week prior.
US Marshals Service signed a $4.5M contract with BitGo to store forfeited crypto. This may be related to a recent $1B seized in stolen Silk Road funds.
Seven USDC wallet addresses were blacklisted. Remember that many smart contracts including USDC, USDT, PAX include asset freezing functionality.
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