Get the 6:30 a.m. email
Crypto read · shared from CryptoBloggers

NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme

Bitcoin MagazineMathew Di Salvo1d ago6/10

New York's attorney general is asking a court for a $1.37 billion judgment against the NovaTech operators, plus interest, over a $1.1 billion fraud.

Read it at Bitcoin Magazine →

Summary written by AI. Read the source before acting on anything.

Get the best crypto reads every morning

The top five, plus AI agents doing real things on-chain, at 6:30 a.m. Central. Free.

Top 5 reads + AI agent finds, every day at 6:30 a.m. Central. Weekly roundup on Sundays.

More of today’s best reads

See all →
  1. 1

    Initia Halts L1 and Rollups After Reported Mint Exploit

    The Defiant1d ago7/10

    Initia halted its L1 and rollups after an exploit estimated at $2.6 million was cashed out via stablecoin swaps and ETH transfers.

    Also covered by Cointelegraph
  2. 2

    Bitcoin Core changes security policy as AI makes bugs easier to find

    Cointelegraph2d ago7/10

    Bitcoin Core is changing its security disclosure policy because AI-assisted bug hunting makes keeping vulnerabilities secret less protective.

  3. 3

    Electrum Patches Wallet Flaw Exploited Through Malicious Servers

    The Defiant8h ago7/10

    Electrum users can be tricked by malicious servers that substitute fake payments and raise fees before signing, and one user reportedly lost money.

  4. 4

    The OCC just confirmed GENIUS stablecoins can't pay you yield, so all the yield moves into the protocols

    r/defi15h ago7/10

    OCC letter confirms GENIUS-compliant stablecoin issuers cannot pay holders interest, pushing yield into DeFi protocols.

  5. 5

    Initia Has No Restart Date After Attacker Mints Tokens and Bridges Out $2.7 Million

    Unchained24h ago7/10

    An attacker minted tokens on Initia and bridged out $2.7M, with a suspected MoveVM flaw and the chain halted with no restart date.

  6. 6

    US senator probes Tether after reported deal with ex-Trump crypto adviser

    Cointelegraph1d ago7/10

    A Senate subcommittee ranking member requested Tether records on a reported deal with a firm tied to an ex-Trump crypto adviser.

  7. 7

    Another unsolved ciphers falls to AI, this one was meant to test life after death

    r/ClaudeAI1d ago7/10

    A Reddit user used Claude and OpenAI models to crack a 76-year-old cryptogram, with Klaus Schmeh confirming the solution.

  8. 8

    Ethereum delays Glamsterdam test after security devs flag risk to existing contracts

    CoinDesk2d ago7/10

    Ethereum developers canceled the Hoodi activation of the Glamsterdam upgrade after researchers showed new gas rules could permanently record failed smart contract operations.

    Also covered by Cointelegraph, Decrypt
  9. 9

    X100 Exploit Nets 4.85 Million USDT After Governance Takeover

    The Defiant11h ago6/10

    An X100 governance takeover let an attacker convert treasury assets to 4.85M USDT on Ethereum.

  10. 10

    Keystone Website Breach Exposes Customer Addresses and Order Details

    The Defiant7h ago6/10

    Keystone says a website breach exposed customer addresses and order details, but not payment data, recovery phrases or private keys, and the flaw is fixed.

NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme · CryptoBloggers