Another DeFi exploit took place today, resulting in a potential loss of around 4K ETH.
The FBI noted that these types of scams often target Asia-based victims.
Twitter users lost their digital assets after a crypto influencer retweeted a phishing scam posted on DJ Steve Aoki’s compromised Twitter account.
The DeFi platform disappeared with over $30M of users’ assets after claiming it was affiliated with multinational banking giant Morgan Stanley.
Judge Mazzant dismissed the claims because Binance and its American affiliate were prohibited from operating in Texas.
Given his age, Lee could spend his remaining life in prison if found guilty.