Investigations | ForkLog

ForkLog 5 14.03.2024

Binance Executives to Remain in Custody in Nigeria

Two senior executives from the cryptocurrency exchange Binance, Tigran Gambaryan and Nadim Anjarwalla, will remain in custody in Nigeria at least until March 20. This was reported by the Wall Street Journal. The court hearing for Binance’s case is scheduled for that date. However, the hearing held on March 13 did not officially extend the […]

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ForkLog 5 13.03.2024

Nigeria Seeks Binance Transaction Records Amid Economic Scrutiny

Nigerian authorities have requested that cryptocurrency exchange Binance provide a list of the country’s top 100 users, along with a complete transaction history for the past six months, according to the Financial Times. The period in question is critical as it coincides with the timeline of the Nigerian naira’s devaluation. Additionally, Nigeria’s Office of the […]

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ForkLog 9 12.03.2024

WSJ Reveals Names of Binance Employees Detained in Nigeria

The two Binance employees detained in Nigeria have been identified as Tigran Gambaryan, Vice President of Global Intelligence and Investigations, and Nadim Anjarwalla, Director of the trading platform in West and East Africa. This was reported by the Wall Street Journal. The senior executives were invited by Nigerian authorities to discuss ongoing issues concerning Binance. […]

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ForkLog 24 21.02.2024

Experts Report Withdrawal of 24,000 ETH from Bankrupt AAX Exchange

Analysts at Cyvers Alerts have detected suspicious transactions, allegedly involving the laundering of 24,000 ETH (~$69.6 million) from the defunct bitcoin exchange AAX. ?INVESTIGATION? ?Our system has detected suspicious transactions involving @AAXExchange.It’s a Hong Kong-registered exchange where CEO Thor Chan resigned in May ’21.Just two days after @FTX_Official filed for bankruptcy, #AAX halted all withdrawals […]

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ForkLog 15 01.02.2024

Worldcoin Faces 15% Drop Amid Hong Kong Investigation

The Office of the Privacy Commissioner for Personal Data in Hong Kong (PCPD) announced suspicions regarding Worldcoin over potential violations related to the storage of biometric information. The regulator’s observer visited several operational zones of Sam Altman’s project, where retinal scans are conducted. “PCPD entered six Worldcoin premises located in Yau Ma Tei, Kwun Tong, […]

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ForkLog 8 25.01.2024

Former Orbit Bridge Employee Suspected of Aiding $80 Million Attack

South Korean company Ozys, the developer behind the cross-chain bridge Orbit Bridge, accused a former employee of aiding a recent attack on the protocol. According to preliminary investigation results, on November 22, 2023, the Chief Information Security Officer weakened the internal firewall settings. Two days earlier, this employee had submitted a resignation letter. He left […]

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ForkLog 9 01.12.2023

Hooked Protocol team suspected of insider trading

Journalist Colin Wu drew attention to suspicious transactions from the official wallet of the Web3 platform Hooked Protocol, warning of possible insider trading.

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ForkLog 11 29.11.2023

DevTernity 2023 IT Conference Cancelled Over Fake Female Speakers

Programmer Gergely Orosz exposed the organisers of the Latvian IT conference DevTernity for deception — the event site lists non-existent speakers.

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ForkLog 9 27.11.2023

Forbes reveals the locations of Bhutan’s bitcoin farms

The Kingdom of Bhutan has become a crypto Shangri-La thanks to government land, financing and energy for Bitcoin mining. Journalists from Forbes shared the results of their investigation.

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ForkLog 5 22.11.2023

What lies ahead for Binance and CZ? Experts assess the exchange’s prospects after deal with U.S. authorities

Given the scale of Binance's operations, the outcome of the investigation will undoubtedly affect the entire crypto industry. ForkLog discussed the situation with experts.

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ForkLog 21 06.10.2023

Binance’s story as told by Forbes — from ICO to a multi-billion-dollar business

Forbes conducted an investigation into the rise of the leading cryptocurrency exchange Binance—from a virtually failed ICO in 2017 to large holdings of digital assets.

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ForkLog 19 05.10.2023

Media report Russians’ sanctions-busting via crypto firms in Estonia and Lithuania

VSquare experts analysed around 300 crypto companies registered in Estonia and Lithuania and found dozens of cases of fraud, money laundering, sanctions evasion and illicit financing of criminal organisations.

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