stolen funds
Coverage of stolen funds in the Nexus archive.
- He managed Jesuit finances for decades. Now he has to repay the Catholic order $8.8M in stolen funds
A man who managed Jesuit finances for decades must repay $8.8 million in stolen funds to the Catholic order.
- DeFi can freeze stolen funds, but not everyone agrees it should
DeFi protocols can freeze stolen funds, but there is debate over whether they should. The crypto industry faces criticism for both freezing and not freezing assets, with conflicting expectations creating tension.
- SoCal man laundered millions for 'crypto kids' who used stolen loot to live lavishly
A Southern California man laundered millions for individuals referred to as 'crypto kids,' who used stolen cryptocurrency funds to live lavishly. The case highlights illicit financial activities tied to cryptocurrency and money laundering schemes.
- KelpDAO follow-up: Arbitrum froze $71M of the stolen funds last night. The official incident report puts Aave's bad debt at $124M–$230M.
Arbitrum froze $71 million of stolen funds linked to the KelpDAO exploit, while the official incident report estimates Aave's bad debt at $124 million to $230 million. The incident highlights ongoing security challenges in decentralized finance (DeFi) platforms.
- Kelp DAO exploiter begins moving stolen funds across chains after Arbitrum ETH freeze
Wallets linked to the $292 million Kelp DAO exploit are moving stolen funds across blockchain networks after Arbitrum froze ETH. The exploit involved a significant theft, and the recent fund movements follow a freeze on the Arbitrum chain.