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Today's Top Crypto Headlines:
Teens Steal Crypto at Gunpoint | Ledger Discord Breach | Mobius Token Exploited and more...
King Fatrick Gil Añasco
May 12, 2025
Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
Teens Kidnap Victim for Crypto: Three Florida teens are accused of kidnapping a man in Las Vegas and stealing $4M in crypto and NFTs after threatening his father’s life.
Ledger Discord Hacked: A hacker compromised a Ledger Discord moderator account and posted phishing links to steal seed phrases.
💡Feature of the Day - Mobius Exploit Drains $2.15M: An attacker exploited Mobius Token’s smart contracts on BNB Chain, stealing $2.15M worth of tokens.
All this and more in today’s headlines!
📰 News Highlights:
Three teenagers from Florida have been charged in connection with a $4 million crypto and NFT robbery following a violent kidnapping in Las Vegas.
Crypto theft is evolving. It’s not just social engineering or SIM swaps anymore.
These Florida teens kidnapped a man from a Vegas crypto event, drove him into the Arizona desert, and stole $4M at gunpoint.
— Sasha Hodder (@sashahodler)
2:49 PM • May 10, 2025
The incident occurred in November when the victim, returning from a crypto event, was forced into a vehicle at gunpoint and taken to a remote desert area.
There, the teens allegedly threatened to kill his father unless he gave up passwords to his crypto accounts.
The victim was left stranded and walked five miles through the desert to find help.
🎁Freebie:
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Ledger has confirmed that its Discord server is secure after an attacker compromised a moderator’s account on May 11 and posted phishing links aimed at stealing users’ seed phrases.
@Ledger Happy to hear I am not the only one who got booted as well for peace of mind, although sorry it happened to you also.
But yeah, 100% sketchy, especially when not also posted on X by @Ledger— Sekure D (@SekureD)
3:12 AM • May 11, 2025
The breach allowed a malicious bot to share scam links and mute or ban users who tried to report the issue.
Hey @Ledger a community mod's account has been compromised and is currently social engineering an attack on your discord channel.
— ecurrencyhodler (@ecurrencyhodler)
3:04 AM • May 11, 2025
Ledger quickly removed the compromised account and bot, reported the phishing site, and reviewed all permissions to prevent future incidents.
💡 Feature of the Day:
Mobius Token’s smart contracts on the BNB Chain were exploited on May 11, resulting in the loss of $2.15 million in MBU tokens.
🚨ALERT🚨
Our system has detected an exploit on Mobius Token smart contracts, draining over $2.15M in Mobius Token ($MBU) on BNB Chain.Two minutes prior to the exploit, our system identified a deployment of a malicious smart contract, that eventually targeted the Mobius Token
— 🚨 Cyvers Alerts 🚨 (@CyversAlerts)
8:56 AM • May 11, 2025
According to Cyvers Alerts, the attacker deployed a malicious smart contract and drained 28.5 million tokens from a targeted wallet.
🚨Update🚨
The attacker deposited the funds to @TornadoCash— 🚨 Cyvers Alerts 🚨 (@CyversAlerts)
9:22 AM • May 11, 2025
The stolen tokens were then converted to USDT and remain in the attacker’s active wallet. Mobius has not yet issued a public statement regarding the exploit.
😂 Crypto Meme of the Day:
Meme of the day provided by @Gate_io
And that’s it for this today.
See you all tomorrow’s edition!
Jonathan Gibson
UseTheBitcoin.com