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$2.5M Gone in Hours — Victim Hit Twice in Sophisticated Stablecoin Phishing Scam

$2.5M Gone in Hours — Victim Hit Twice in Sophisticated Stablecoin Phishing Scam

In one of the most alarming phishing scams this year, a crypto trader lost over $2.6 million USDT in two back-to-back transfers within three hours....
Crypto becomes lifeline for Iran and Russia amid Western sanctions – Chainalysis

Crypto becomes lifeline for Iran and Russia amid Western sanctions – Chainalysis

Sanctioned entities received $15.8 billion in crypto in 2024, accounting for 39% of all illicit crypto transactions, according to the 2025 Crypto C...
Russia, Iran Use Crypto to Bypass Western Sanctions – Chainalysis Report

Russia, Iran Use Crypto to Bypass Western Sanctions – Chainalysis Report

In 2024, Russia and Iran increasingly turned to cryptocurrency to bypass Western sanctions, leveraging decentralized finance, no-KYC exchanges, and...
Crypto ransomware revenue drops 35% to $813 million in 2024 amid tougher crackdowns and victim resistance

Crypto ransomware revenue drops 35% to $813 million in 2024 amid tougher crackdowns and victim resistance

The crypto industry saw ransomware payments decline by 35% in 2024, falling to $813 million from the previous year’s $1.25 billion, according to Ch...
Beverly Hills man faces 6 counts of crypto scams involving over $22 million

Beverly Hills man faces 6 counts of crypto scams involving over $22 million

A Beverly Hills man is facing six counts of cryptocurrency crimes, which resulted in investors losing over $22 million worth of cryptocurrency. The...
Russian Investigator Sentenced to 16 Years for Accepting $65M Bitcoin Bribe from Hackers

Russian Investigator Sentenced to 16 Years for Accepting $65M Bitcoin Bribe from Hackers

The former investigator took a hefty bribe in bitcoin from Infraud Organization members while probing their illegal activities for ICR.
An Indiana cybercriminal admits to stealing $37 million worth of cryptos

An Indiana cybercriminal admits to stealing $37 million worth of cryptos

A 21-year-old Indiana cybercriminal has admitted to swindling over 500 individuals of $37 million worth of cryptocurrency in a 2022 cyber-attack. F...
US Charges 2 Russian Nationals in Crypto Money Laundering Scheme, Offers $10 Million Bounty

US Charges 2 Russian Nationals in Crypto Money Laundering Scheme, Offers $10 Million Bounty

Authorities have also targeted two crypto exchanges for allegedly facilitating cybercriminals and ransomware actors based in Russia.
DOJ Seizes Illicit Crypto Exchanges in Charging of Two Russians With $1,000,000,000 Money Laundering Operation

DOJ Seizes Illicit Crypto Exchanges in Charging of Two Russians With $1,000,000,000 Money Laundering Operation

The U.S. Department of Justice (DOJ) has teamed up with other federal and international law enforcement agencies to charge two Russian nationals wi...
U.S. charges 2 Russians with global crypto money laundering and sanctions evasion

U.S. charges 2 Russians with global crypto money laundering and sanctions evasion

The U.S. Justice Department (DoJ) has charged two Russians, Sergey Ivanov and Timur Shakhmametov, with using crypto to launder money and also evade...