🔐 Cyber News (July 1, 2024):

1️⃣ Justice: Former top executives of the cryptocurrency project Hydrogen Technology Corp. have been sentenced to prison in the USA for manipulating the price of the Hydro token and defrauding investors. 🏛️

2️⃣ SMH: Australian news channel 7News has fallen victim to a hacker attack, compromising the agency's YouTube channel with 1.7 million subscribers. The hackers used the platform to broadcast deepfake videos of Elon Musk and promote a fraudulent cryptocurrency scheme. 💻

3️⃣ State: The U.S. State Department has increased the reward to $5 million for information leading to the arrest of #OneCoin founder Ruja Ignatova. The Bulgarian-born German citizen has been on the FBI's Ten Most Wanted Fugitives list since June 2022. Initially, the department set the reward at $100,000, which was increased to $250,000 in May 2023. 🎯

4️⃣ Justice: 24-year-old Remy St Felix from the United States faces life imprisonment for home robberies aimed at stealing cryptocurrency. 🚔

5️⃣ Immunefi: From April to June, the cryptocurrency industry lost approximately $572.7 million due to #hacker attacks and fraud across 72 incidents. 💸

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