The CFTC has filed a lawsuit against Goliath Ventures and CEO Christopher Delgado, alleging the company operated a cryptocurrency Ponzi scheme that took at least $397 million from approximately 1,600 customers.
Investors were allegedly told their funds would be used to trade Bitcoin and Ethereum or generate returns through crypto liquidity pools.
Instead, regulators allege new investor funds were used to pay earlier investors and finance Delgado's luxury lifestyle.
Federal authorities say Delgado purchased multiple properties, high-end vehicles, watches, jewelry and other luxury items using proceeds from the scheme.
Delgado pleaded guilty in June to federal fraud and money-laundering charges. His sentencing is scheduled for October 8, 2026.
The SEC has also filed a parallel civil action.
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The consortium previously offered $60.50 per share, representing a significant premium to PayPal’s pre-bid price.
PayPal’s board reportedly believes the offer does not fully reflect the company’s long-term value and is seeking a higher price.
The two sides remain in discussions over a potential revised offer.
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A 16-person Bitcoin Red Team has reported 4,962 security findings across 390 open-source projects in roughly 30 hours.
The findings include 85 critical and 635 high-severity issues.
The operation was launched following the recent Coldcard wallet exploit and combined AI-assisted code analysis with human security researchers.
More than 21% of the reported findings had already been independently reproduced, according to reports.
The campaign was supported by OpenSats, which covered approximately $40,000 in AI compute costs.
The findings are still being reviewed and validated, but the scale of the operation highlights significant security risks across the wider Bitcoin software ecosystem.
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An attacker drained $MET on Solana and multiple tokens across EVM chains.
The stolen EVM assets were swapped into $ETH and remain untouched. The $MET also remains in the attacker’s wallet.
The victim has offered a 10% whitehat bounty for the return of the funds.
On-chain activity may suggest the attacker has targeted other wallets before.
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A Bitcoin investor reportedly suffered a loss of approximately $400,000 after their Google account was compromised.
The victim had transferred Bitcoin from a Coldcard hardware wallet to a centralized exchange. Attackers allegedly gained access to the exchange account through the compromised Google account and synced two-factor authentication data.
The case demonstrates the importance of securing not only self-custody wallets, but also the accounts and authentication methods used when interacting with centralized exchanges.
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SafePal has disclosed a data breach affecting 39,798 customers.
Exposed data included names, emails, phone numbers, addresses, and purchase details.
Seed phrases, private keys, passwords, payment data, and crypto assets were not affected.
The vulnerability has been fixed and affected users have been notified.
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BitMart is facing increasing scrutiny as users continue to report delayed and restricted withdrawals following the exchange’s decision to wind down operations.
A group of users and employees is demanding that BitMart disclose its proof of reserves, explain the reported withdrawal restrictions, and provide a clear repayment plan by August 19.
BitMart CEO Sheldon Lee has dismissed allegations circulating online as fabricated, while the exchange has yet to publish the full proof-of-reserves report it previously indicated would be released.
Trading on BitMart is currently scheduled to end on August 26, 2026.
The exchange has not announced bankruptcy or insolvency proceedings, but uncertainty surrounding withdrawals and the lack of independently verified reserve information continues to raise concerns among users.
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The actor linked to the massive Coinbase-user theft reportedly moved another ~$500K into ETH and through Tornado Cash.
Tens of millions reportedly remain in linked wallets.
The same actor previously taunted ZachXBT on-chain.
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Edward Zimbardi, 59, has been deported from Fiji and returned to the United States to face federal charges linked to the alleged “Crypto Program” Ponzi scheme.
According to prosecutors, the scheme raised more than $165 million from over 6,000 investors, who were promised guaranteed monthly returns of 25%.
Investigators allege that investor funds were used to pay earlier participants, finance foreign-currency trading and fund at least $10 million in personal expenditures.
Zimbardi faces multiple federal counts involving wire fraud and money laundering.
The charges remain allegations, and he is presumed innocent unless proven guilty.
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A Vultisig user reportedly lost more than $1.2 million in cryptocurrency after an attacker impersonated customer support.
The scammer gained the victim’s trust and access to the wallet before draining the funds.
The incident highlights the growing threat of fake support agents targeting crypto users.
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Multiple videos claiming to show GTA 6 gameplay are circulating on X.
Rockstar has yet to officially confirm the leaks, but several videos have reportedly been removed following copyright claims.
More details are expected as the situation develops.
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Hong Kong and Macau authorities have arrested eight people over the alleged Fun Coffee crypto investment scheme.
The platform reportedly promised returns of up to 278% annually and attracted investors through recruitment bonuses.
Authorities say losses have exceeded HK$100M ($12M+), with funds allegedly used to pay earlier investors.
The platform went offline in July, leaving investors unable to withdraw their funds.
The investigation remains ongoing.
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Attackers reportedly drained around 20.8 BTC and other assets by exploiting multiple vulnerabilities.
CACAO also plunged nearly 89%, while liquidity pools suffered major losses.
A full post-mortem is still pending.
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Investigators reportedly traced the attacker through a paid blockchain-data account.
Over 1,700 BTC has been stolen across multiple waves, making it one of the largest crypto thefts this year.
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A user reportedly lost 1,000 ETH after using the old tornado.cash domain, which is allegedly controlled by a threat actor.
The stolen funds were sent to:
0xd8B356356d7B143D7ece9F5876FE4b954E93b745
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Trezor has warned users following a data breach at its third-party shipping partner, ShipMonk.
Personal information including names, emails, phone numbers and addresses was exposed for thousands of customers.
Trezor says wallets, private keys, recovery seeds and funds were not compromised.
The leaked data could potentially be used for targeted phishing and social engineering attacks.
Users are advised to ignore suspicious calls and messages and never share their recovery seed.
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The operator behind one of CyberLeek’s Telegram channels has reportedly been linked to an individual using the alias “GnomodelincuenT” in Spain.
The alleged connection was reportedly discovered through a Google Drive account used to share files in CyberLeek’s “cyberleekario” channel.
The identity has not been independently verified, and further evidence is expected.
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An attacker exploited an authorization flaw in an Evmos module, transferring ~286.5M BB from 9 accounts across 14 transactions.
BounceBit will reissue BB as a BEP-20 token on BNB Chain using a pre-exploit snapshot. The stolen tokens will be excluded from the new supply.
No private keys or wallets were compromised.
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The attacker used a lookalike wallet address, tricking the victim into copying the wrong address and sending millions in crypto.
A reminder to always verify the full wallet address before sending large transactions.
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However, victims in Canada, the UK, India, Nigeria and several other jurisdictions may be excluded due to low law-enforcement arrest rates, according to ZachXBT.
More details are expected once the platform goes live.
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