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  1. Nomad settles with the FTC over $186M cyberattack • The Register

    8 hours ago · The complaint against Nomad alleges that, despite pitching its blockchain bridge as a "security-first" product at the time, the organization behind it fell short in various aspects of …

  2. FTC Will Require Illusory Systems to Return Money Stolen by ...

    2 days ago · Under a proposed order settling the FTC’s allegations, Utah-based Illusory, which does business as Nomad, will be required to implement an information security program to …

  3. FTC moves to settle Nomad crypto hack case after $186M theft

    22 hours ago · The FTC has proposed a settlement with Nomad’s operator, Illusory Systems, that requires improved security and the return of lost funds.

  4. FTC settles with Illusory Systems over data breach affecting ...

    2 days ago · The Federal Trade Commission (FTC) has announced a proposed settlement with Illusory Systems Inc., also known as Nomad, after the company failed to put in place proper …

  5. Nomad to Repay Users Over 2022 Cyberattack - Security Buyer ...

    1 day ago · Blockchain company Illusory Systems, which trades as Nomad, has agreed to repay users who lost funds in a 2022 cyberattack under a proposed settlement with the US Federal …

  6. FTC Proposes Settlement with Nomad Crypto Bridge Operator ...

    1 day ago · According to ChainCatcher, the U.S. Federal Trade Commission (FTC) announced on Tuesday a proposed settlement with Illusory Systems, the operator of the Nomad crypto …

  7. FTC orders Nomad operator to pay $186 million in compensation ...

    1 day ago · The US Federal Trade Commission (FTC) announced an agreement with Illusory Systems, the operator of the Nomad cross-chain bridge, which was hacked in 2022. As a …