Law Enforcement Request Account "KodexGlobal" on the Auction Block!

The hacker's offer includes selling the entire account for $5,000 or providing Emergency Data Request (EDR) services for $300 each.

Danielle du Toit
February 05, 2024

Here's what we've got for you today:

The hacker is selling access to the entire law enforcement request account named KodexGlobal for $5,000.

A hacker is reportedly selling access to "KodexGlobal," a law enforcement request account, on BreachForums, with offers for the full account at $5,000 or Emergency Data Request (EDR) services at $300 each, targeting platforms like LinkedIn, Discord, and various crypto exchanges.
The sale includes the capability to request user information from major platforms, posing a very big privacy and security threat.
Hudson Rock believes the hacker gained access through Infostealer Infections, a type of malware that compromises computers, including those used by law enforcement.

A trader managed to turn an initial investment of 18 SOL into a remarkable total of 7,197 SOL.

The story of the transaction was first highlighted by Lookonchain on X, shedding more light on the specifics of this unprecedented gain.
The trader gained a dominant position by acquiring 55.1 billion FartCaster tokens, 55.1% of its total circulating supply, at the token's trading launch.
Successfully selling 53.94 billion FartCaster tokens, the trader earned 7,215 SOL, making a huge profit from their initial investment.

Between Aug. 1 and Oct. 31 of 2023, the FTX legal team's billings amounted to at least $118.1 million.

Former SEC official John Reed Stark criticized the FTX restructuring plan, pointing out the team’s massive legal fees, suggesting they benefit lawyers greatly, with a sarcastic remark about them all being able to afford beach houses.
Legal fees for FTX from August to October of 2023 reached at least $118.1 million, averaging $1.3 million per day.
FTX's lawyer, Andy Dietderich, clarified that there are no plans to relaunch the crypto exchange, focusing instead on the ongoing bankruptcy proceedings.

In 2021, under President Bukele's leadership, the country became the first to officially recognize Bitcoin as a legal form of payment.

President Bukele, in office since 2019 and highly popular for his policies, was expected to lead in the elections due to his big lead in pre-election polls.
During his first term, Bukele implemented a strict approach to gang violence through mass incarcerations and made a significant investment in Bitcoin (BTC).
This year, the country is set to launch its anticipated Bitcoin-backed "Volcano bonds" after regulatory approval in December, aiming to finance a BTC mining industry powered by renewable energy.

That’s it for today. Don’t forget to share Coinpaper Digest with your friends!