The Federal Bureau of Investigation has sounded the alarm over a fast-spreading fraud tactic in which con artists pose as attorneys to prey on people who have already lost money in cryptocurrency scams. According to the agency, these impostors...
Tron, Tether, and blockchain intelligence firm TRM Labs say their joint financial crime unit has blocked over $250 million in illicit crypto assets since its launch less than a year ago — and is now expanding its network with...
The two Estonian men behind one of the largest crypto-related fraud cases in U.S. history have avoided additional prison sentences after admitting their roles in a $577 million Ponzi scheme. Sergei Potapenko and Ivan Turõgin, co-founders of the now-defunct...
An Argentine Ethereum developer known online as “Fede’s Intern” has been detained in Izmir, Turkey, after authorities accused him of helping individuals “misuse” the Ethereum network. Fede disclosed the incident on August 11 via X, stating that Turkish officials...
Former Binance CEO Changpeng “CZ” Zhao has filed a motion in the U.S. Bankruptcy Court for the District of Delaware seeking dismissal from a $1.76 billion clawback lawsuit initiated by the FTX bankruptcy trust, according to Bloomberg Law. The...
India’s Enforcement Directorate (ED) has raided 11 locations across several cities, including Delhi, as part of an investigation into a $29 million global crypto fraud scheme. The raids were conducted on Wednesday under the Prevention of Money Laundering Act...
Shin Jinwook, the CEO of defunct South Korean crypto exchange Bitsonic, has received an extension to his existing seven-year prison sentence after being found guilty of additional fraud amounting to at least 100 million won (approximately $72,000) as reported...
North Korean threat actors are ramping up a sophisticated campaign of cyber theft targeting the cryptocurrency industry, using fake identities and remote job scams to infiltrate firms and siphon off millions of dollars in digital assets. Cybersecurity researchers at...
At least $142 million was stolen from the cryptocurrency industry in July 2025, marking a sharp rise in digital asset-related thefts. The figure, reported by blockchain security firm PeckShield, reflects a 27% increase from the $111 million lost in...
An employee of Indian cryptocurrency exchange CoinDCX has been arrested in connection with a massive $44 million security breach that occurred in mid-July, according to multiple local media reports. Rahul Agarwal, a software engineer employed by CoinDCX’s parent company...
