In 30 days, Tether silently blacklisted 371 wallets and froze $515 million in USDT across Tron and Ethereum — no court order required. That's 40% of everything they froze in all of 2025, done in a single month. Here's how the kill switch works, who's using it, and what it means for crypto.
Kraken's parent Payward just sued its former custodian Etana for misappropriating $25 million in client funds in what it calls a 'Ponzi-like' scheme. Etana allegedly stalled withdrawals with fake reconciliation issues while plugging holes with new deposits.
The FBI coordinated with Dubai Police and Thai authorities to bust 276 people across 9 pig butchering scam centers — the same fraud method that put Trump's World Liberty Financial in headlines last week.
Britain's financial watchdog hit eight London crypto shops in a single day — marking the country's first-ever coordinated crackdown on illegal peer-to-peer crypto trading.
Operation Atlantic, a joint US-UK-Canada law enforcement strike, froze $12M and traced $45M in crypto approval phishing fraud across 30+ countries. Here's what that means for the industry.
Grinex — the sanctions-dodging successor to Russia's notorious Garantex — shut down after a $13M hack and blamed 'Western special services.' The irony is too rich.
The DOJ just opened compensation claims for the biggest crypto fraud in history. The math is brutal: $40 million recovered, $4 billion stolen, Cryptoqueen still on the run.
The CFTC settled with Nishad Singh — FTX's ex-engineering chief who built the backdoor that let Alameda silently drain billions in customer funds. The case is closed. The industry can stop looking over its shoulder. Almost.
The DOJ just unsealed charges against 10 crypto executives in a massive wash trading sting called Operation Token Mirrors. The FBI built its own Ethereum token — NexFundAI — to bait them. Here's the full breakdown and what it means for the industry.