News

The FBI says Americans lost more than $388 million at crypto kiosks in 2025 — most of it drained from older adults following a stranger's urgent phone script. Three states have now pulled the machines.

Roman Storm was found guilty of running an unlicensed money-transmitting business in August 2025 — even as Treasury lifted the sanctions on the code he helped write. Prosecutors now plan a 2026 retrial.

The Justice Department's largest-ever crypto-scam forfeiture traces $3 billion in laundered funds, including the roughly $47 million a bank CEO stole from his own institution before it collapsed.

A compromised Safe{Wallet} developer machine let attackers rewrite a transaction after it left the screen. Bybit's signers approved what they saw, not what they actually signed.

Coinbase, Kraken and others saw landmark lawsuits dismissed with prejudice and no penalties in 2025. The retreat reshapes who, if anyone, is watching the exchanges you use.

Hijacked YouTube channels rebrand as Tesla or SpaceX, loop an AI Musk, and tell you to scan a QR code to double your crypto. One DFRLab-tracked stream took $50,537 before takedown.

The crew that hijacked verified accounts by posing as reporters said in May 2024 it was closing shop. On-chain trackers had already tied it to tens of millions in theft.

Eric Council Jr. printed a fake ID, walked into an AT&T store, and hijacked the SEC's X account to post a phantom ETF approval. He got 14 months; the market got whiplash.

Two weeks after Poloniex, a second Justin Sun-linked platform fell in November 2023: a cross-chain bridge lost more than $86M, with the HTX exchange hit in the same day.

It carried a five-star review and a copied description. Victims typed in their 24-word seed phrase, and their wallets emptied in minutes — and the same trick keeps clearing store review.

In March 2023, a flash-loan attacker exploited a flawed function to self-liquidate for profit. Weeks of on-chain negotiation then turned DeFi's biggest hack of the year into a near-total recovery.