In partnership with a global blockchain consortium, notably Hedera, XRP, Algorand, Cardano, Ethereum and Legal, Security, and Ecosystetage, Banksocial® Secura ™ advances a new daring standard in the prevention of fraud, with real -time monitoring, global recovery and infrastructure constructed to mature and protect the future decentralized finance.
Dallas, Texas April 11, 2025 As web3 evolves quickly, the same goes for the threats to which consumers and institutions face. In response, Banksocial® has deepened its commitment to real -time protection and financial recovery thanks to its growing Secura ™ platform – developed in collaboration with Hedera and supported by key partners such as Chainalysis, Google, IBM and the police in the world.
With more than $ 250 million in traced scams and more than $ 20 million in recovered assets, Banksocial® Secura ™ helps redefine what the safety of proactive and transparent digital assets looks like.
Of a security mission first to action on a global scale
Founded in 2021, Banksocial® and BSL DAO LLC security hierarchical on the first day. The first innovations included freezing and recovery mechanisms based on intelligent contracts – now standard features that prefigured the need for stronger protection infrastructure in web3.
This foresight became critical at the beginning of 2024. Banksocial®’s investigation efforts revealed wider vulnerabilities affecting portfolios through the Hedera ecosystem – and finally beyond, to other channels. What started as a response to internal security has become a world movement.
Community directors, Secura ™ Scales
Victims of scams – Many entirely outside the Banksocial® – Began ecosystem have the help. Rather than diverting them, Banksocial® has put its operations on the scale, connecting the victims to the police, to the legal defenders and to the partners of the trust ecosystem.
The result: frozen active ingredients, “bad actor” identities, coordinated withdrawals and dozens of dismantled scams. Banksocial® has become a critical coordination point for the police in the United States, EU, Asia and Australia.
Surveillance and disruption of real -time scams
In 2024, Banksocial® launched a proactive initiative on mastering fraud using AI, ML and Ledger technology Distributed Ledger (DLT). The platform began to follow phishing sites, scam tokens and memo HTS across the Hedera, XRP, Bitcoin, Ethereum and many other ecosystems – many of which go back to 2022 and are not reported.
The evidence has surfaced a generalized disinformation, a deletion of users and targeted harassment aimed at silence the victims of scams. Banksocial® ATS with transparency, climbing and open source intelligence.
A breach and a catalyst
In September 2024, a portfolio associated with the BSL DAO LLC was compromised. Banksocial® has responded urgently and has taken immediate measures – engaging in the police, starting a forensic investigation with Kroll and degenerating the incident of ecosystem leaders.
The violation was allocated to third -party malware and social engineering tactics. Independent examinations of the security teams, including experts from the Hashgraph Association, have confirmed that internal Banksocial® systems were secure and intact.
Vulnerabilities of discovery of initiates and ecosystem
At the beginning of 2025, the survey had retraced key portfolio behavior, funding sources and the deployment of malicious software to a set of active thug developers in the Hedera ecosystem. This actor had worked on several projects and was later linked to the exploitation of the financing portfolios used in major flights.
After submitting these results to the FBI, the secret services and the world police, the person deleted all the accounts known in January 2025.
Chronology of key events
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2021-2022: Launch of the BSL and BSL DAO LLC token; ERC-20 Gel / recovery mechanisms introduced.
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February 2024: The surface of the scam reports; The investigation begins.
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June 2024: Surveillance and climbing of proactive scam begin.
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September 2024: DAO compromise wallet; The survey confirms malware from the external source.
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October 2024: Collaboration develops on a global scale; 20 million dollars + in frozen / recovered scams.
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January 2025: The initiate linked to malware from the identified ecosystem and disappears.
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Early 2025: Launch of the SECURA ™ portfolio improved with integrated fraud protection tools for users and institutions.
Build a safer web3 together
Banksocial® Secura ™ now works at the intersection of web3 innovation and real world responsibility. With the support of Hedera, Google Cloud, Chainalysis and IBM, the SECURA platform matures in a complete security framework for the future of decentralized finance.
“Web3 does not have to signify the risk without recourse”, “ Said John Wingate, CEO of Banksocial®. “We prove that digital finance can be both open and secure – with a real plan, real results and real protections for users.”
Learn more
To explore how Banksocial® SECURA ™ Remode the digital finance security, visit Banksocial.io
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