Ledger Halts Authorized Reseller After $86M+ in Drained Funds
Ledger has halted sales by authorized Southeast Asian reseller CryptoBilis after on-chain investigators traced more than $86M in losses. The attack mechanism is unconfirmed. Here's…

TFTC
Conversations with the people shaping the future of freedom, technology, and humanity.
520 posts
Ledger has halted sales by authorized Southeast Asian reseller CryptoBilis after on-chain investigators traced more than $86M in losses. The attack mechanism is unconfirmed. Here's…

Cardano's CIP-0113 programmable token standard went live on mainnet October 7, 2026, letting any token issuer freeze accounts, confiscate holdings, and enforce KYC checks on every…

Conduit Technology filed suit in SDNY on October 5, 2026, alleging Tether froze its $2.76M operating wallet for over a year with no court order and no compliance connection to Cond…

ZachXBT funded a new Ethereum wallet with 349,700 USDC on March 6, 2025, posed as a paying customer of a Chinese crime syndicate he alleges laundered $1B+ for Lazarus Group, and he…

Bitget confirmed approximately $351.6 million in unauthorized transfers from its hot and warm wallet layers on September 24, 2026. Withdrawals are frozen, the attack vector is unkn…

Saudi Arabia's central bank exited the China-backed mBridge CBDC platform on May 13, 2025. The fact wasn't publicly disclosed until September 2026. The gap tells you everything abo…

Blockchain security firm Hacken found that $91.3 billion in USDT on Tron is governed by a 2-of-3 multisig with no timelock or reversal window. Bluechip upgraded Tether's corporate…

Nearly 3,998.5 BTC left Blockstream's Liquid federation wallet on September 6, dropping the reserve from ~4,200 BTC to 207.275 BTC. An unidentified party left an onchain message cl…

Chile's Orionx exchange has halted withdrawals and is winding down after a forensic audit found over $7M in customer assets moved to external wallets, allegedly by its own founding…

The headline metrics are gaslighting you. Johann Kurtz returns to TFTC to explain social capital collapse, the two-income trap, why GDP counts the wrong things, and which communiti…

An attacker manipulated Tectonic's TONIC governance token roughly 100x in ~20 minutes to drain an estimated $66M, $75M from Cronos's largest lending protocol. Validators halted the…

The PBOC added 8 banks to China's e-CNY network on August 17, tripling authorized operators from 10 to 30 year-to-date. The expansion into regional and city commercial banks is how…

BitMart's founder dismissed calls for independent audits and proof-of-reserves as 'fabricated rumors' while users report funds remain inaccessible ahead of the August 26 final trad…

Binance provided Russian authorities with transaction records, passport data, and personal details on Yuri Belenkiy, a 49-year-old IT specialist who donated roughly $700 in crypto…

Bybit filed a civil lawsuit against the DPRK, its Reconnaissance General Bureau, and the Lazarus Group in U.S. District Court over the February 2025 theft of approximately $1.5 bil…

Three Bitcoin holders lost a combined $1.8 million to a fake Sparrow Wallet app on Apple's App Store between May and August 2025. They're suing Apple for negligence. The real Sparr…

A proposed class action filed the same day BitMEX announced its permanent shutdown alleges the exchange ran a secret insider trading desk with 'god access' to customer order data,…

India's I4C issued a three-hour takedown order for Jack Dorsey's BitChat repositories on GitHub, citing the app's anonymous, decentralized architecture. IFF calls it unconstitution…

An attacker exploited 42DAO's minting controls on BNB Chain twice in two hours, minting 4.5 million BLC from a null address and collapsing Balance Coin 99% from its dollar peg.

South Korea's Financial Services Commission designated Project Hangang Phase 2 as an innovative financial service on July 15, expanding the CBDC pilot to 500,000 users with live go…

The Commoner
Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.
Free, every weekday. Unsubscribe anytime using the link in each newsletter. By subscribing you agree to our Terms and acknowledge our Privacy Policy. Read recent issues.