Crypto Scams Rise as Netflix Lose Millions in Hollywood Fraud 😳
So guys, it looks like even crypto royalty isn't immune to getting hacked, and Binance's co-CEO, Yi, just learned this the hard way. $55k later, we're all reminded that two-factor authentication is our best friend.
But wait a second, North Korea's finest really skipped the deepfake drama and went old school with hijacked Telegram accounts and looped video footage. $300 million stolen and counting….. Who needs Hollywood when reality is this wild?
And speaking of Hollywood, a certain director thought Netflix's $11 million was his personal crypto fund, but the law disagrees. And in the "thanks but no thanks" department, football club Juventus just ghosted Tether's adoption call. This old lady’s family isn't ready to let go for sure.
Here are the Highlights:
- Binance Co-CEO Yi He’s WeChat Account Hacked in $55,000 Crypto Scam
- North Korea Hackers Steal $300 Million via Fake Zoom Meetings
- Hollywood Director Guilty of Scamming Netflix out of $11M, Spending It on Crypto
- Juventus Football Club owner rejects Tether’s takeover bid
Binance Co-CEO Yi He’s WeChat Account Hacked in $55,000 Crypto Scam
Binance co-CEO Yi He became the latest victim of a sophisticated social media hack when cybercriminals took control of her WeChat account on December 9, 2025. The attackers used her compromised profile to promote a meme token called MUBARA, making approximately $55,000 through a pump-and-dump scheme. The hack occurred just days after Yi He was promoted to co-CEO alongside Richard Teng during Binance Blockchain Week in Dubai. This timing gave the fraudulent posts extra credibility among crypto traders who trusted her apparent endorsement.
North Korea Hackers Steal $300 Million via Fake Zoom Meetings
North Korea cybercriminals have executed a strategic pivot in their social engineering campaigns. They have stolen more than $300 million by impersonating trusted industry figures in fake video meetings. According to Monahan, the campaign departs from recent attacks that relied on AI deepfakes. Instead, it uses a more straightforward approach built on hijacked Telegram accounts and looped footage from real interviews. The attack typically starts after hackers seize control of a trusted Telegram account, often belonging to a venture capitalist or someone the victim previously met at a conference.
Hollywood Director Guilty of Scamming Netflix out of $11M, Spending It on Crypto
Filmmaker Carl Rinsch has been found guilty of defrauding streaming giant Netflix and using $11 million in misappropriated funds to buy cryptocurrencies and luxury goods. Rinsch, the director of the 2013 film “47 Ronin,” was found guilty on one count of wire fraud, one count of money laundering, and five counts of transacting with illicitly obtained property. The 48-year-old had been commissioned by Netflix in 2018 to produce sci-fi series “Conquest” (originally titled "White Horse"), with the streaming company providing $44 million in funding to his production house between 2018 and 2020.
Juventus Football Club owner rejects Tether’s takeover bid
Stablecoin issuer Tether’s more than $1 billion bid to take over Italian professional soccer club Juventus Football Club has been dismissed by its owner, Exor. Exor, the holding company of the Agnelli family that has owned Juventus for over 100 years, said on Saturday that its board of directors “unanimously rejected an unsolicited proposal submitted by Tether” to acquire all of the shares of the publicly traded Juventus. “Exor reaffirms its previous, consistent statements that it has no intention of selling any of its shares in Juventus to a third party, including but not restricted to El Salvador-based Tether,” it said.
Other Highlights Worth Mentioning
Binance confirmed a rogue employee used the company account to pump a personal token 4,600% in minutes - Cryptoslate
CZ denies romance rumours after Binance Blockchain week moment - Tokenpost
Spanish Authorities Bust Crypto Kidnapping Ring After Deadly Attack - Coindesk
Florida Seizes $1.5M in Dogecoin, Pepe and Solana Over Case Tied to Chinese National - Decrypt
COINIGY FACT OF THE DAY.
On This Day in 2010, Satoshi Nakamoto made what would become their final contribution to the Bitcoin codebase.
Nakamoto was active in developing Bitcoin until December 2010, and this date represents the culmination of their direct involvement with the protocol they created. Just three days earlier, on December 12, Satoshi had made their last public forum post on BitcoinTalk, discussing technical aspects of protecting the network from DoS attacks and introducing Bitcoin code update version 0.3.19. While Satoshi continued private correspondence with developers like Gavin Andresen for several months afterward, December 15, 2010, signifies the end of their active code contributions to Bitcoin.
COINIGY MEME OF THE WEEK
