Ціна KreaitorKAI

Ho Kai Xin, a former payroll processing staff member at WeChain Fintech Singapore, has been sentenced to nine years and 11 months in jail for embezzling over $5.7 million. WeChain Fintech Singapore, which was contracted to manage payroll for Bybit Fintech, employed Ho as a payroll processing staff member. Ho, who was responsible for processing salaries for approximately 900 ByBit employees, exploited her position by manipulating Microsoft Excel files to divert company funds into her own accounts. Bybit Payroll Scandal According to a report from ‘The Straits Times,’ her fraudulent activities began in May 2022 when she altered payroll data to reflect unauthorized payments. She initially stole over $117,000 from WeChain. Encouraged by the absence of detection, she escalated her scheme and ended up misappropriating vast amounts of cryptocurrency directly from Bybit’s electronic wallet. In fact, between May and August 2022, she transferred over 4.2 million USDT into four personal wallets. To facilitate the theft, she inserted fraudulent payment entries into payroll documents and listed her own wallet addresses next to employee names to deceive Bybit into authorizing the transactions. Despite being under investigation and facing legal action from the exchange, Ho continued to lead an extravagant lifestyle. She placed a down payment of nearly $750,000 for a penthouse worth over $3.7 million on Gilstead Road. She also splurged on high-end items, spending close to $30,000 on Louis Vuitton products, including sunglasses, bags, shoes, shirts, and rings. Additionally, she purchased a Mercedes-Benz valued at $420,000. Police later seized over $330,000 worth of her assets, but a significant portion of the stolen funds remains unaccounted for. In February 2023, a WeChain representative reported Ho’s fraudulent activities to the authorities, which led to her arrest two months later. When questioned by police, she attempted to mislead investigators by falsely claiming that an individual named “Jason Teo,” whom she described as a cousin, was responsible for the unauthorized transactions. However, no such person was found to exist. Luxury and Lies Ho pleaded guilty to multiple charges, including cheating, dealing with criminal conduct, and providing false information to public servants. In addition to her nearly decade-long sentence, she was handed a six-week jail term in January 2024 for contempt of court after defying an order prohibiting her from spending her misappropriated funds. Despite court orders, she continued to use the stolen money, spending close to $840,000 on luxury goods. Bybit has managed to recover approximately 1.1 million USDT from her electronic wallets and an additional $140,000 from one of her bank accounts. However, Ho has made no effort to return the outstanding amount. The post Payroll Fraud at Bybit: Employee Siphoned $5.7M Using Fake Transactions (Report) appeared first on CryptoPotato.

Last call for $AURA went from 9M to 34M, now back at 27M. My thesis remains the same—this is a 1B meme. You’ve got a meme hyped daily on sports channels and by Rogan, Kai Cenat, & IShowSpeed, plus it’s capturing the vibe of CT and some TikTokers. It’s no longer just a meme—it’s a movement. Heading into 2025, I see it pulling an SPX-type run. Bid. Have conviction. Join the cult.

You don't earn optimized DeFi yields. Here's how you can take advantage of @kai_finance_ to maximize the efficiency of your @AuraFinance and @Balancer positions ↓

$ORDER Orderly Network, an L2 solution built on the OP stack, provides a permissionless liquidity layer for Web3 trading. It has a shared order book across multiple blockchains, including Arbitrum, Optimism, Polygon, Base, Mantle, and Near, and plans to continue to expand. The platform facilitates trading across any chain, asset, or interface. Orderly’s main advantage lies in its strong SDK and integration capabilities, making it an attractive option for developers. In addition, its unified liquidity model is designed to improve trading performance, while its customizable front-end solutions allow developers to create bespoke user interfaces. The platform’s flexibility enables a wide range of use cases, further increasing its appeal. Several partnerships highlight the versatility of Orderly Network. For example, Kai Exchange has integrated Orderly to power its perpetual futures trading on Base, offering users seamless onboarding, gasless trading, and mobile access. Likewise, CoolWallet, a self-custodial wallet, has partnered with Orderly to introduce leveraged trading across multiple chains, focusing on secure cross-chain trading and CEX-like execution speeds.

$ORDER Orderly Network (ORDER) Orderly Network, an L2 solution built on the OP stack, offers a permissionless liquidity layer for Web3 trading. It features a shared order book across multiple blockchains, including Arbitrum, Optimism, Polygon, Base, Mantle, and Near, and plans to expand further. The platform facilitates trading across any chain, asset, or interface. Orderly’s primary appeal lies in its strong SDK and integration capabilities, making it an attractive option for builders. Moreover, its unified liquidity model is designed to enhance trading performance, while its customizable front-end solutions allow developers to create tailored user interfaces. The platform’s flexibility enables a wide range of use cases, further broadening its appeal.  Several partnerships underscore Orderly Network’s versatility. For instance, Kai Exchange has integrated Orderly to power its perpetual futures trading on Base, offering users seamless onboarding, gasless trading, and mobile access. Similarly, CoolWallet, a self-custodial wallet, has partnered with Orderly to introduce leveraged trading across multiple chains, emphasizing secure cross-chain transactions and CEX-like execution speeds. 💜 $ORDER TGE is Coming August 26th! Get ready—staking goes live the same day! You can claim your full airdrop on August 26th.