CryptoCurrency
Money launderer linked to $230M crypto heist gets 70 months in prison
22-year-old Evan Tangeman of Newport Beach, California, was sentenced to 70 months in prison for laundering funds stolen in a massive $230 million cryptocurrency heist. According to court documents, Tangeman (also known as “E,” “Tate,” and “Evan|Exchanger”) helped the suspects behind the crypto-heist launder at least $3.5 million between October 2023 and May 2025. Fourteen suspects […]
KelpDAO suffers $290 million heist tied to Lazarus hackers
State-sponsored North Korean hackers are likely behind the $290 million crypto-heist that impacted the KelpDAO DeFi project on Saturday. The attack reportedly also impacted the lending protocols Compound, Euler, and Aave, with the latter announcing a freeze and blocking new deposits or borrowing using rsETH as collateral. KelpDAO is a decentralized finance (DeFi) project built around liquid […]
China’s Apple App Store infiltrated by crypto-stealing wallet apps
A set of 26 malicious apps on Apple App Store impersonate popular wallets, such as Metamask, Coinbase, Trust Wallet, and OneKey, to steal recovery or seed phrases and drain them of cryptocurrency assets. The threat actor used multiple methods to imitate official products, including typosquatting and fake branding, to lure users in China into downloading […]
British Scattered Spider hacker pleads guilty to crypto theft charges
A British man, believed to be the leader of the Scattered Spider cybercrime collective, has pleaded guilty in the United States to charges of wire fraud and aggravated identity theft. In November 2024, U.S. prosecutors accused 24-year-old Tyler Robert Buchanan and four other suspects of stealing at least $8 million in cryptocurrency after hacking at least a dozen companies […]
Grinex exchange blames “Western intelligence” for $13.7M crypto hack
Kyrgyzstan-based cryptocurrency exchange Grinex has suspended its operations after suffering a $13.7 million hack attributed to Western intelligence agencies. The funds were stolen from cryptocurrency wallets belonging to Russian users, as the platform enables crypto-ruble exchange operations between Russian businesses and individuals. Launched early last year, Grinex has Russian links and is believed to be […]
Crypto-exchange Kraken extorted by hackers after insider breach
The Kraken cryptocurrency exchange announced that a cybercrime group is trying to extort the company by threatening to release videos showing internal systems that host client data. The company’s Chief Security Officer, Nick Percoco, stated that the incident did not put client funds at risk and involved an insider threat, with two instances of improper access to […]
Fake Ledger Live app on Apple’s App Store stole $9.5M in crypto
A malicious Ledger Live app for macOS available from Apple’s App Store has drained approximately $9.5 million in cryptocurrency from 50 victims in just a few days this month. Users who downloaded the fake Ledger app were tricked into entering their seed/recovery phrases, thus giving attackers full access to their wallets and allowing them to […]
Over 20,000 crypto fraud victims identified in international crackdown
An international law enforcement action led by the U.K.’s National Crime Agency (NCA) has identified over 20,000 victims of cryptocurrency fraud across Canada, the United Kingdom, and the United States. Dubbed “Operation Atlantic,” this joint action took place last month, and it involved the NCA, the U.S. Secret Service, the Ontario Provincial Police, the Ontario […]
Hackers steal $3.6 million from crypto ATM giant Bitcoin Depot
Bitcoin Depot, which operates one of the largest Bitcoin ATM networks, says attackers stole $3.665 million worth of Bitcoin from its crypto wallets after breaching its systems last month. The company manages more than 25,000 Bitcoin ATMs and BDCheckout locations worldwide and reported revenue of $615 million in 2025. As revealed in a filing with […]
FBI: Americans lost a record $21 billion to cybercrime last year
U.S. victims lost nearly $21 billion to cyber-enabled crimes last year, driven primarily by investment scams, business email compromise, tech support fraud, and data breaches, the Federal Bureau of Investigation says. The figure continues the year-over-year record trend as it is up 26% compared to 2024, when Americans lost $16.6 billion to cybercrime. A similar uptick was recorded […]