Security Incidents

Israeli *Times of Israel* military reporter Emanuel Fabian recently disclosed that after reporting on an Iranian ballistic missile that struck an empty field in Beit Shemesh, a suburb of Jerusalem, he faced sustained harassment from bettors associated with Polymarket, including receiving death threats. This incident is particularly striking not only because it involves frontline war reporting and a prediction market with a funding pool exceeding $14 million, but also because it reveals an increasingly acute question: when market participants' profits begin to depend on media narratives, public information, and even violent events themselves, is the prediction market truly "price discovery," or is it creating dangerous incentives for the real world? Why did a frontline report trigger a mob of bettors? "That day, I reported on the *Times of Israel*'s live blog that the missile struck an empty field, with no

Users fell victim to phishing attacks by signing malicious Permit transactions, losing approximately $280,000 in USDC and USDT to phishing attackers. The victim address is 0xB20d4Cd049B1A65Bc0475D29060Fe54fa0981607, with multiple phishing addresses involved in the incident.

The Taipei District Prosecutors Office has concluded its investigation into a robbery case. The principal suspect Li You-kuan, through a dealer who switched sides to set up and deceive the victim through fraudulent means and violent coercion, forced the victim to transfer 330,000 USDT. The prosecution has indicted 8 suspects and recommended heavy sentences. This case reflects the lack of regulation in the virtual asset market, allowing underground forces to intervene, resulting in frequent "crypto circle black-on-black" incidents.

Crypto security researcher al_f4lc0n has accused the blockchain project Injective of slow communication in handling a critical security vulnerability and disputes over the bug bounty amount. The vulnerability originates from a defect in the sub-account verification mechanism, threatening over $500 million in assets. al_f4lc0n failed to receive the deserved bounty, raising questions about Injective's security governance.

British businessman Ping Fai Yuen is suing his ex-wife for stealing his Bitcoin seed phrase and transferring assets worth approximately $172 million. The case is currently under court review, involving legal issues related to privacy surveillance and asset misappropriation. This incident highlights security vulnerabilities in the self-custody model of crypto assets.

Cryptocurrency-related crimes are rapidly rising in Spain's Basque region, with police investigating 541 cases involving fraud, money laundering, and other offenses. Social media platform Instagram has become a major channel for scams, prompting police to establish a cross-departmental task force to address the issue. Regulatory authorities emphasize the need to enhance market transparency and user protection to balance innovation and security.

Polymarket platform sparked public controversy after an Israeli journalist reported on Iran's missile attacks. The journalist faced threats demanding modification of the report, raising concerns about market manipulation and information interference. This incident reveals structural risks inherent in prediction markets, underscores the urgent need to protect media independence, and highlights challenges regarding transparency and regulatory compliance.

The 360 security team responded to the incident involving the leak of Longxia wildcard certificates and private keys, stating that due to operational errors, internal certificates were mistakenly included in the installation package. The leaked certificates are only for local use, have been revoked, and pose limited actual risks, with no impact on regular users.

A reporter covering Iran's missile attack on Israel received death threats from Polymarket bettors who aimed to force him to modify his reporting to influence betting outcomes. The incident has sparked discussions about the ethics of prediction markets, and the United States has proposed legislation to ban related bets. Police have opened an investigation into the threats.

US trading influencer ImanTrading has accused fellow trading influencer TJR of performance fabrication, over-enrolling in courses, and profiting from promoting and then dumping cryptocurrencies, which has garnered widespread attention. The video points out that TJR's trading records appear to be manually entered rather than from actual accounts, and accuses him of creating illusions through exaggerated wealth narratives and simulated account displays. These issues are similar to long-standing phenomena in Taiwan's crypto community, reminding investors to carefully assess the true capabilities of trading influencers.

US trading influencer TJR is accused of exaggerating performance and profiting through courses, with reports suggesting his course revenue could reach $2 million. Videos expose that he previously borrowed money from friends to trade and failed, and his trading performance data has questionable sources. This incident has raised questions about the trading influencer model, particularly regarding its impact on teenage audiences.

A British man has accused his wife of stealing 172 million dollars in Bitcoin through surveillance cameras. The court ruled that traditional "conversion tort" does not apply to digital assets, but the case may proceed through other legal avenues, highlighting digital asset security issues. The judge believes digital assets remain subject to traditional legal constraints, and the case could become an important legal precedent for the future.

Police in Spain's Basque Country revealed that cryptocurrency-related crime cases are continuously rising, with 541 cases investigated in 2025. Authorities have established a specialized department to combat crypto fraud and hacking attacks, and monitor blockchain transactions. Meanwhile, they warned that scammers lure victims through social media to steal their cryptocurrency assets and bank accounts.

The UK High Court has allowed a lawsuit involving 2,323 bitcoins to proceed to trial. Yuan Pinghui alleges that his wife Li Fenrong secretly recorded his cold wallet seed phrase and illegally transferred bitcoins. The court ruled that "conversion" does not apply to digital assets, but Yuan may still pursue recovery through other legal avenues. This case highlights the limitations and development potential of UK digital asset law.

Gate News update: On March 17th, according to GoPlus monitoring, approximately 8 hours ago, a user lost $1.76 million worth of USDC to a phisher after signing a malicious Permit transaction.

The U.S. Secret Service, the UK National Crime Agency, and related Canadian agencies launched "Operation Atlantic" on March 16 to combat cryptocurrency phishing scams through international cooperation, aiming to identify victims, raise public awareness, and recover stolen assets. The operation focuses on authorization phishing, where scammers deceive victims into signing malicious contracts to gain persistent access to assets. The operation proposes countermeasures amid rising attack incidents to prevent fraud escalation.

In brief A now-estranged wife is alleged to have stolen $172 million in Bitcoin from her husband. A court filing alleges that she used CCTV footage to obtain the seed phrase for a hardware wallet containing the Bitcoin. After being warned of the potential theft, the husband set up

Key Takeaways: An alleged exploit on Venus Protocol enabled a wallet to borrow about $3.7 million in crypto assets on the illiquid $THE token as security. The speech had taken out BTCB, CAKE and WBNB and was put into liquidation as collateral value declined. It is estimated that there is