Federal prosecutors in Connecticut have seized more than $600,000 in cryptocurrency tied to a fraud scheme that affected at least one Ledger hardware wallet user. The action highlights ongoing law enforcement efforts to trace and recover stolen crypto.
Cambodia has extradited Li Xiong, the former chairman of Huione Group, to China where he is now detained amid allegations tied to billions in illicit cryptocurrency transactions. U.S. regulators previously linked Huione to large-scale crypto flows flagged as illicit.
A U.S. indictment charges a suspected hacker in connection with a $53 million exploit of Uranium Finance (URF), alleging fraud and money laundering that could carry a combined maximum sentence of up to 30 years. The case underscores renewed U.S. enforcement focus on high-value DeFi breaches.
British authorities have sanctioned Xinbi and associated crypto platforms in a crackdown on a Southeast Asian scam network. The measures target services alleged to have enabled large-scale online fraud and serious human rights abuses.
A 66-year-old Hong Kong retiree was defrauded three times over six months by people posing as crypto investment experts, losing about $840K. Police say the scammers promised quick profits and help recovering earlier losses.
Europol and the U.S. Department of Justice announced the seizure of $3.5 million in cryptocurrency tied to SocksEscort, a proxy network that investigators say compromised thousands of routers and enabled fraud and crypto account takeovers.
Thai crypto platforms have frozen roughly 10,000 suspected “mule” accounts after new AML checks and transfer delays were introduced as part of a wider anti‑fraud crackdown. The measures have led to disrupted withdrawals and tighter compliance across the market.
Goliath Ventures CEO Christopher Alexander Delgado was indicted on wire fraud and money laundering charges tied to a $328 million alleged crypto Ponzi scheme. The charges carry a potential maximum sentence of 30 years in prison.
Goliath Ventures CEO Christopher Alexander Delgado was arrested on Feb. 26, 2026, accused of running a $328 million crypto Ponzi scheme. He faces wire fraud and money laundering charges that carry up to 30 years in prison.
An Australian man has been charged after police linked the NEXOpayment portal to the suspected laundering of roughly $3.5 million stolen from 190 elderly investors.