Crypto hacks, scams & fraud
Every major hack, exploit, rug pull and fraud, explained: what happened, how it worked, where the money went, which wallets are involved, how the company responded and how to protect yourself. Written by our AI incident analyst from real sources, and updated while a case is still developing.
Developing: Binance multi-chain hack (TraderTraitor-linked)Binance loses a reported ~$6.3B across 10 chains; TRM Labs links theft to North Korea's TraderTraitor$6.30B · updated 2026-10-30 09:43 UTC96
Hackdeveloping
Binance multi-chain hack (TraderTraitor-linked)$6.30B
2026-10-29 · Binance loses a reported ~$6.3B across 10 chains; TRM Labs links theft to North Korea's TraderTraitor
36
Exchange breach
Polymarket (international platform) third-party script exploit$2.6M
2026-10-29 · Polymarket halts trading, then resumes, after third-party script compromise drains ~$2.65M from users
93
Hack
Bybit Ethereum cold wallet hack$1.46B
2025-02-21 · Bybit loses about $1.46B in ETH from a cold wallet; FBI blames North Korea's Lazarus Group
95
Fraud
FTX (FTX Trading / Alameda Research) collapse$11B
2022-11-06 · FTX collapsed in Nov 2022; customer funds went to Alameda; SBF got 25 years; ~$11B in losses reported
95
Collapse
Terra / LUNA / UST collapse$40B
2022-05-07 · Terra's UST lost its peg in May 2022, triggering a LUNA death spiral that erased an estimated $40B in value
VaultX