Crime
Southern Utah man sentenced to 3 years in prison for crypto-linked wire fraud scheme
Federal prosecutors said Brian Garry Sewell defrauded investors of nearly $3 million and ran an unlicensed cash-to-crypto business that moved more than $5 million.
Korbit fined $1.9 million for anti money-laundering, customer verification breaches
The South Korean regulator slapped Korbit with a compliance penalty as the crypto exchange conducts talks to be bought by Mirae Asset.
Unleash Protocol hit by $3.9 million exploit with funds routed through Tornado Cash
The intellectual property platform on Story Protocol lost about $3.9 million after a governance exploit, with stolen funds later routed through Tornado Cash.
Trust Wallet users lose $7 million to hacked Chrome extension
Changpeng Zhao, a co-founder of Binance, which owns the utility, said the losses will be reimbursed.
North Korean hackers stole a record $2 billion of crypto in 2025, Chainalysis says
North Korea-linked hackers drove a record year for crypto thefts, favoring rare but massive attacks on centralized services, led by Bybit’s $1.4 billion breach.
Do Kwon Judge Demands Answers Before Sentencing Over ‘Assurance’ He’ll Serve Time
Judge asked whether Kwon might be freed abroad and asked for details on victims, time-served credit and unresolved charges ahead of sentencing.
European Crypto Scam Network Dismantled After Laundering $815M
Authorities across Europe took down a massive crypto fraud and laundering network tied to fake investment platforms, deepfake ads and call-center operations.
Brazil Sentences 14 for Using Crypto, Shell Firms in $95M Drug Money Laundering Case
The defendants were found to have used fake companies and cryptocurrency transactions to conceal the origin of the illicit funds.
European Authorities Seize $1.51B Bitcoin-Mixing Service Cryptomixer
Europol dismantled a crypto-mixing platform it said is used by ransomware groups and darknet markets to launder bitcoin, seizing servers, data and $29 million in BTC.
Brazil Proposes Selling Seized Bitcoin to Undercut Organized Crime Networks
The proposed law, part of the "anti-faction bill", would treat cryptocurrencies like foreign currencies and financial securities.
