Indian Police Take Down ‘Crypto Queen’ Behind Major Crypto Fraud In a major crackdown on crypto crime, Indian police have arrested a woman dubbed the ‘Crypto Queen’ for leading a $15 million digital asset fraud ring. According to law enforcement, she and her network ran fake crypto investment platforms that lured thousands of victims with […]
Indian Police Arrest ‘Crypto Queen’ in $15M Scam Read More »
A recent case from blockchain forensics firm Chain Retrieval shows how swift action can change the outcome of a crypto theft. The company recovered stolen cryptocurrency for a client after scammers compromised their Trust Wallet in a phishing attack. The trouble began when the user connected to a fake decentralized app (dApp). The site looked
Client funds retrieved from compromised Trust Wallet Read More »
A core developer from the Ethereum Foundation testified in support of Roman Storm, co-founder of Tornado Cash. The U.S. government has now ended its case in one of crypto’s most closely watched legal battles. The update comes from Chain Retrieval, a blockchain intelligence firm that has tracked the Roman Storm trial closely. According to their
ETH Developer Testifies in Roman Storm Trial as Gov’t Rests Read More »
South Korean National Arrested in $61M AI Crypto Scam A South Korean national ran a massive AI crypto scam that duped over 1,000 investors. He stole more than $61 million through a fake investment platform. Chain Retrieval, a blockchain forensics unit supported by Chainalysis, uncovered the scheme. The suspect, identified only as “Park,” operated what
$61M stolen in fake AI crypto trading platform scam Read More »
Arizona TikToker Sentenced for Assisting $17M North Korea Crypto Scam An Arizona-based TikTok influencer has been sentenced to 5 years in federal prison after being found guilty of helping North Korean hackers steal $17 million in cryptocurrency through a sophisticated Web3 infiltration scheme. According to the U.S. Department of Justice, the man, identified as James
TikToker Jailed 5 Years for Role in $17M North Korea Crypto Scam Read More »
Crypto Scam Losses Hit $656 Million in First Half of 2025 The crypto market continues to grow—but so do the risks. In the first six months of 2025 alone, users lost over $656 million to crypto scams, according to blockchain security firms. From phishing attacks to fake decentralized applications, fraudsters have found new and more
$656M Lost to Crypto Scams in 2025, Chain Retrieval Warns Read More »
$112M Drained Across Blockchains, Chain Retrieval Alerts Users Blockchain security experts have confirmed that an estimated $112 million in crypto was drained from wallets across several blockchains in the first half of 2025. Notably, the multi-chain exploit hit users on Ethereum, BNB Chain, Polygon, and Arbitrum. Attackers used a dangerous mix of phishing links, malicious
$112M Drained Across Blockchains, Chain Retrieval Alerts Read More »
Web3 continues to bleed money in 2025, and the trend is showing no signs of slowing. According to a new Chain Retrieval report, over $2 billion was lost to hacks in just the first half of the year — and, alarmingly, a large share came from multisig failures. In total, 40% of all stolen funds
Multisig wallet failures caused 40% of all stolen funds Read More »
Crypto hacks have already surpassed $3.1 billion in losses for 2025, and the year isn’t over yet. According to a new report by Chain Retrieval, the biggest culprit remains unchanged: access control flaws. Despite years of warnings, many Web3 projects continue to leave admin keys unprotected, smart contracts unchecked, and APIs poorly secured. The result?
Crypto hacks exceed $3.1 billion so far in 2025 Read More »
How the $97M Oil and Gas Crypto Scam Unfolded In one of 2025’s most elaborate fraud cases, scammers stole $97 million through a fake oil and gas investment scheme. The scam promised lucrative returns backed by blockchain-based contracts. The operation promoted itself as an “energy-backed crypto investment.” It claimed profits would tie directly to global
Millions Recovered in $97M Oil and Gas Crypto Scam Bust Read More »