Lending Platform CrediX Loses $4.5 Million in Exploit
A newcomer to the DeFi lending space was targeted, and a weakness was exploited, resulting in the loss of millions. This is yet another addition to the already substantial amount…
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7 Years in Prison for AML Bitcoin Founder and CEO After a Multi-Million-Dollar Fraud
White-collar crime surrounding cryptocurrencies was rampant in the early days of the industry. Still, the law is continuing to crack down on those who took advantage of the lack of…
Canadian Teen Convicted in $37M Bitcoin Heist and 2020 X Hacking Spree
A Canadian teen has been sentenced for a $37 million Bitcoin (BTC) heist and the hacking of several X accounts. This follows on-chain sleuth ZachXBT’s calls for stricter penalties against…
Alleged Bitcoin Torture Suspect Freed on $1M Bail After 2 Months in Custody
Crimes involving cryptocurrency are worryingly on the rise, becoming ever more aggressive and, as in this case, quite shocking. Regardless of whether alleged or not, this is the harsh reality…
CoinDCX Software Engineer Arrested in Connection to $44 Million Hack (Report)
The Indian exchange is the latest victim of bad actors exploiting vulnerabilities and taking control of internal systems, resulting in millions of dollars being lost. The losses this year, overall,…
US Feds File Suit to Forfeit $7.1M in Crypto With Ties to Oil and Gas Storage Fraud
The U.S. Department of Justice is cracking down on yet another cryptocurrency fraud ploy. The losses amount to tens of millions, and it’s expected that more will be identified. An…
Ex-Girlfriend of ‘The Godfather’ Pleads Guilty to Tax Evasion in $16M Crypto Case
Iris Ramaya Au, a 35-year-old Irvine resident and former girlfriend of a self-proclaimed cryptocurrency fraudster known as “The Godfather,” has agreed to plead guilty to a federal tax charge for…
Chainalysis Report Reveals Rising Sophistication in Crypto Crime
The 2025 crypto crime report by Chainalysis has highlighted a rise in the sophistication of criminal activities. The firm estimated illicit crypto transactions in 2024 to be $40.9 billion, down…
Tether Helps Dutch and US Authorities Seize $7.8M in Crypto
Tether, the world’s largest stablecoin issuer, reportedly played a crucial role in a joint operation led by Dutch and U.S. law enforcement agencies to dismantle two cryptocurrency exchanges suspected of…
Tron, Tether, and TRM Labs Join Forces to Tackle Crypto Crime
Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The…