![Cypher core contributor admits to stealing 0K and gambling it away Cypher core contributor admits to stealing 0K and gambling it away](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDUvMzE5NDIxOGEtODQ5Yy00OTc1LTk2YjktMjlhZDM5OGUzM2VkLmpwZw==.jpg)
The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.” Source link
![South Korea arrests Bitsonic CEO for allegedly stealing .5M of users’ money South Korea arrests Bitsonic CEO for allegedly stealing .5M of users’ money](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/653616aa-d496-4d14-96a8-9658d3e060d9.jpg)
According to South Korean news outlet Chosun Biz, Jinwook Shin, the CEO of crypto exchange Bitsonic — who is under investigation for stealing investments and deposits from exchange users — was arrested by South Korean…
![Man Charged With Stealing NFTs and Crypto by Spoofing OpenSea in 2021 Man Charged With Stealing NFTs and Crypto by Spoofing OpenSea in 2021](https://cryptopotato.com/wp-content/uploads/2022/02/OpenSea_Phishing.jpg)
US prosecutors have charged Soufiance Oulahya, presently in legal custody in Morocco, with stealing cryptocurrencies and NFTs worth $450,000 from a victim in Manhattan by creating a fake OpenSea marketplace in 2021. A…
![SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14 SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14](https://cointelegraph.com/magazine/wp-content/uploads/2023/01/Jan-14-scaled.jpg)
SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of improper use of customer…
![Former FTX CEO Rejects Accusations of Stealing Funds Former FTX CEO Rejects Accusations of Stealing Funds](https://assets.bitdegree.org/crypto/storage/optimized/sam-bankman-fried-denies-allegations-of-wrongdoing-in-bankruptcy-proceedings-featured.jpg)
Ex-CEO of collapsed crypto exchange Sam Bankman-Fried breaks his silence and publishes a “pre-mortem overview” about FTX. On Jan 12, Sam Bankman-Fried posted on Substack highlighting the company’s insolvency and the factors that…