Louisiana authorities recovered $200,000 stolen from elderly victims by Bitcoin ATM scammers, aided by a newly enacted state law that strengthens protections against crypto fraud. The recoveries highlight the law’s immediate impact on preventing swift crypto cash-outs.
A trader has reportedly lost $50 million after an address poisoning attack where scammers substituted a visually similar wallet address during a large transfer. The incident underscores growing risks for high-value crypto movements and the need for stronger safeguards.
Shima Capital is shutting down after the SEC charged founder Yida Gao with allegedly exaggerating his investment track record to mislead and defraud investors. The move underscores growing regulatory scrutiny of crypto-focused venture firms.
Indian police arrested nine members of a syndicate on Dec. 14, 2025 for illegally trading bank accounts that were used to carry out multiple cyber fraud schemes. Authorities say the accounts facilitated fraud and helped move illicit proceeds.
Kenya’s Directorate of Criminal Investigations has set up a dedicated unit to combat crypto-related fraud after losses reached $43.3 million, and unveiled new regulatory measures aimed at curbing the trend. The move seeks to strengthen enforcement and protect consumers amid rising digital-asset crime.
Do Kwon, co‑founder of Terraform Labs, was sentenced to 15 years in prison on Dec. 11, 2025 after admitting in August to conspiracy and wire fraud. The ruling is a major legal outcome tied to the collapse of the Terra ecosystem and affects holders of LUNA and LUNC.
Europol announced coordinated December raids that dismantled a €700 million “crypto spiral,” disrupting widespread illicit flows across Europe. Authorities say the operation now moves into an enforcement phase focused on asset tracing and recovery.
The UK’s Serious Fraud Office said on Thursday it is investigating the collapse of a $28 million cryptocurrency scheme and has arrested two men on suspicion of fraud and money laundering. The SFO has urged affected investors and witnesses to come forward as the probe seeks to trace funds and assess recoverability.
A UK court has ordered the man convicted in the 2020 Twitter hack to repay £4.1 million ($5.4 million) in Bitcoin, prosecutors said Monday. The breach targeted high-profile accounts, including former U.S. President Barack Obama.
Ripple warned on Nov. 16, 2025 that impersonation scams targeting XRP holders are increasing, with organized groups using major industry events to spread realistic fake content. Investors are urged to exercise caution as attacks grow more sophisticated.