Tag Archives: Iceberg

Crypto’s ‘Tornado Cash’ fans money laundering fears, may be ‘tip of the iceberg’

Crypto’s ‘Tornado Cash’ fans money laundering fears, may be ‘tip of the iceberg’

On January 17th, with cryptocurrency prices being widely routed by risk aversion, Crypto.com flagged a “security incident” that caused the operation to freeze withdrawals.  Days later, the Singapore-based exchange announced that hackers had stolen at least $15 million worth of Ethereum (ETH) tokens — and potentially as much as $33 million, according to independent estimates — but pledged to reimburse those affected. Crypto.com faulted some accounts for a lack of 2-factor authentication… Source link

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DWAC dips 10% after short-seller Iceberg bets against stock

DWAC dips 10% after short-seller Iceberg bets against stock

Shares of Digital World Acquisition Corp (DWAC), the special purpose acquisition which plans to take former President Donald Trump’s social media venture public slid 10% on Monday afternoon after short-seller Iceberg Research announced it was betting against the stock. “We are short $DWAC,” wrote Iceberg Research in a tweet.  DWAC shares had jumped more than 800% over the span of two sessions last week after Digital World Acquisition announced it was taking Trump Media and Technology Group… Source link

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