LND topic: financial-loss page 1

financial loss

A Costly Mistake: How a Crypto Trader Lost Millions to a Sneaky Scam

December 20, 2025

A crypto trader recently made a huge mistake. They lost $50 million in USDT. How? They fell for a trick called "address poisoning. " This scam tricks people into sending money to the wrong address. Here's what happened. The trader first sent a small test amount of USDT to an address. This address s

crime

Uncovering the Hidden Fraud in Healthcare

December 19, 2025

The USPS Office of Inspector General recently brought to light a significant healthcare fraud scheme that has been operating for a decade. This scheme involved Texas pharmacies and medical professionals who billed the government for unnecessary prescriptions. The investigation revealed that these h

crypto

The Downfall of a Crypto King: A $40 Billion Bet Gone Wrong

December 12, 2025

Do Kwon, once a big shot in the crypto world, got a hefty 15-year prison sentence. His downfall? A massive $40 billion fraud that shook the crypto market. Kwon, a Stanford grad, had a knack for making people trust him. He convinced investors that his stablecoin, TerraUSD, was a safe bet. But it was

crypto

Crypto Downfall: A 15-Year Sentence for Terraform's Co-Founder

December 12, 2025

Do Kwon, the co-founder of Terraform Labs, has been sentenced to 15 years in prison. This comes after he admitted to wire fraud and conspiracy to defraud. The judge in New York made this decision after hearing from people who lost money because of Kwon's actions. The collapse of Terraform Labs in 2

crypto

Yearn Finance: A $9M Hack and the Aftermath

December 3, 2025

Yearn Finance, a well-known decentralized finance platform, faced another setback with a $9 million hack. This incident, the fifth in five years, targeted the yETH stableswap pool, extracting various ether (ETH) liquid staking tokens (LSTs). The hacker managed to steal a significant amount, but not

politics

Trump Family's Crypto Bet Goes Bust: A $1 Billion Lesson in Risk

November 25, 2025

The Trump family's financial portfolio has taken a serious hit, losing about $1 billion in recent months. This drop is largely due to the declining value of cryptocurrencies, which the family has heavily invested in. According to Bloomberg News, their net worth has gone from $7. 7 billion to $6. 7 b

finance

The Trump Family's Crypto Gamble: A Billion-Dollar Swing

November 23, 2025

The Trump family jumped into the world of cryptocurrency with World Liberty Financial, a decentralized finance platform. This venture, co-founded by Donald Trump and his three sons, launched in September 2024. The platform created 100 billion $WLFI tokens, with a big chunk—22. 5 billion—going to DT

crypto

The Big Gamble: How Ethereum's Tumble is Shaking Up Crypto Treasure Chests

November 21, 2025

In the world of digital money, some companies bet big on Ethereum. One such company, BitMine, aimed to own a big chunk of Ethereum, thinking it was a safe bet. But now, Ethereum's value has dropped a lot, and BitMine is facing huge losses. This isn't just a problem for BitMine; it's a sign of bigger

business

Ford's Electric Truck: A Sudden U-Turn?

November 7, 2025

Ford is thinking hard about dropping its electric F-150 Lightning pickup. This news comes after they stopped making it earlier this year due to a fire at an aluminum plant. Now, they're focusing more on gas and hybrid trucks because they make more money and don't need as much aluminum. The F-150 Li

crypto

Crypto Crash: Investors Eye Legal Action After Massive Losses

October 21, 2025

The crypto world is buzzing with talk of lawsuits after a massive market crash wiped out $600 billion in just half an hour. This sudden drop left many investors reeling, with 1. 7 million wallets facing forced liquidations. In the aftermath, some are considering legal action against centralized exch