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Coinbase is going on the offensive as Oregon revives a discredited crypto crackdown, slamming the state’s lawsuit as politically driven and dead-on-arrival in court.
Diosnel Alarcon, head of the cybercrime unit of the National Police of Paraguay, has indicated that over $4 billion was moved by cryptocurrency scams and Ponzi schemes in 2023 and 2024.
Cyvers Alerts officials stated that suspicious transactions related to Suji Yan, the founder of the decentralized social protocol Mask Network, were monitored. A suspicious address received nearly $4 million in digital assets, the stolen assets were immediately exchanged for ETH, and transferred to six different addresses.
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