Saylor gets sued, FBI warns about DeFi exploits, and Crypto.com drops $495M sponsorship: Hodler’s Digest, Aug. 28 - Sept. 3

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Saylor gets sued, FBI warns about DeFi exploits, and Crypto.com drops $495M sponsorship: Hodler’s Digest, Aug. 28 - Sept. 3
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Tether requests Roche Freedman to be booted from class action, while Indonesia plans to have its crypto bourse set up by the end of this year. Keep track of this week’s news on our Hodler’s Digest.

This week, a public service announcement from the United States Federal Bureau of Investigation cautioned the public over a proliferation of decentralized finance exploits, stating that those interested in DeFi should be careful. The agency also noted that DeFi platforms should conduct code audits to check for weaknesses. Dwarfing totals from 2020 and 2021 combined, nefarious actors have pilfered more than $1.

to the list of its ten most sought-after fugitives. Charges against Hamilton include laundering $105 million in connection to the Ponzi scheme.The crypto and technology sectors are often riddled with tech traps and scams. One particular effort, ongoing since 2019, is particularly tricky. A certain type of malware named “Nitrokod” sits hidden within counterfeit computer apps and starts mining Monero , but only after a few days have passed.

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