Crypto theft in Solana’s Pump.fun, crypto king arrested, and more…

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Solana and Bitcoin L2 ecosystems saw massive exploits worth millions yesterday. However, there were some arrests too...

United States’ DOJ also arrested two brothers linked to a $25M Ethereum exploitSolana’s memecoin launcher Pump.fun suffered an exploit on Thursday, leading to about $2 million in losses. This, according to the Head of Research at Wintermute –“The pump.fun contracts are safe. They have always been safe. A former employee used their privileged position at the company to misappropriate ~12.3K SOL ”Solana’s ecosystem wasn’t the only one to suffer an exploit yesterday.

“The ALEX private key compromise is unfortunate. There is no clarity contract issue or exploit, though.”arrested two brothers for an alleged attack on the Ethereum network. Anton Peraire-Bueno and James Pepaire-Bueno have been accused of stealing $25 million using sophisticated MEV bots. This episode marks the first DOJ lawsuit against MEV.

Also, Canadian authorities recently arrested the controversial ‘Canadian crypto-king,’ Aiden Pleterski. Pleterski was allegedly running a crypto investment scam as recently as February, despite being petitioned for bankruptcy over a year ago over similar schemes that saw investors lose over $40 million. According to aBenjamin is a Telecommunication Engineering graduate who is passionate about crypto-markets and unraveling market trends.

 

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