Crime
Crypto exchange Kraken targeted in extortion attempt but says there was no breach and no client funds at risk
The firm said a criminal group is attempting to extort it over limited insider-related data access incidents affecting about 2,000 accounts. Kraken says it will not pay and is working with law enforcement.
Americans’ losses to crypto scams rose to over $11 billion last year, FBI reports
Fraud schemes grew more sophisticated and targeted larger sums than in 2024.
Maryland man charged in $50 million Uranium Finance hack after U.S. seized $31 million in crypto
Prosecutors say Jonathan Spalletta exploited smart contract bugs twice in April 2021, laundering funds through Tornado Cash and spending proceeds on rare collectibles.
KuCoin operator barred from U.S. after CFTC order, following $297 million DOJ case
KuCoin operator Peken Global Limited cannot cater to U.S. users on its platform unless it registers as a foreign board of trade.
Brazil passes law turning seized crypto into public-security war chest
The law lets authorities use crypto seized during investigations and expands their power to freeze, block or seize funds in a bid to crack down on criminal organizations.
Prosecutors flag mail discrepancies in Sam Bankman-Fried’s retrial motion letter from prison
A letter attributed to the jailed FTX founder was shipped via FedEx and misidentified his prison, prompting prosecutors to question its authenticity
Crypto investigator ZachXBT alleges trading platform Axiom's employee conducted insider trading
ZachXBT.alleges a senior Axiom employee used internal dashboards to access private wallet data and track traders’ activity, raising questions about potential insider trading.
PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme
Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned millions for personal use.
Crypto crime is getting violent: ‘wrench attacks’ jumped 75% in 2026
Europe now accounts for over 40% of global incidents, with France leading at 19 reported attacks, involving home invasions, kidnappings, and targeted personal threats.
SwissBorg’s SOL Earn Wallet Exploited for $41.5M After Partner's API Is Compromised
Roughly 192,600 SOL was drained from a counterparty wallet tied to a SOL Earn product on Swissborg. The crypto exchange committed to making the losses whole.
