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Solana’s Meteora Hit With Lawsuit Over Alleged Meme Coin Scam

Solana-based decentralized exchange Meteora is facing a class-action lawsuit over pump-and-dump claims surrounding the M3M3 meme coin launch. The complaint alleges this led to losses of at least $69 million between December 2024 and February 2025. Rug Pull Allegations In the April 21 filing with the U.S. District Court for the Southern District of New […]

Hackers Have Stolen $1.49B YTD, DeFi Suffers 200 Attacks But CeFi Isn’t Safe Either

In November 2024, hacks accounted for an overwhelming 99.96% of total losses. During the same period, fraud and rug pulls fell significantly, contributing to just $25,300 in total losses across two incidents. According to the latest report by Immunefi shared with CryptoPotato, decentralized finance (DeFi) was the primary victim, with $71 million in total losses […]