An incident involving the theft of 5.5 million XRP cryptocurrency tokens from investor Nancy Jones has highlighted significant security vulnerabilities in crypto asset storage. The theft occurred from Jones’s Ledger hardware wallet. Investigation points to her ex-boyfriend, Kirk West, as… Read More »Security Lapse Leads to Unrecovered $1.5M in Nancy Jones XRP Theft
The UK Treasury is preparing to sell approximately 61,000 Bitcoin seized in a money laundering case, valued at roughly $7 billion, to address national budget deficits during represents represents represents represents one of the largest government-held cryptocurrency liquidations to date.… Read More »UK Plans $7 Billion Bitcoin Sale from Seized Assets Amid Legal and Budget Challenges
The GMX Security Committee has confirmed the successful retrieval of $37.5 million in stolen cryptocurrency assets. The recovered funds include approximately 9,000 Ether (ETH) and 10.5 million Frax tokens, which were voluntarily deposited into the committee’s designated multi-signature wallet. This… Read More »GMX Security Committee Recovers $37.5 Million in Stolen Cryptocurrency
A U.S. court has ordered Veer Chatel, a 19-year-old defendant, to remain in custody pending sentencing for his role in a $245 million Bitcoin theft. The government successfully argued Chatel poses a significant flight risk and is connected to a… Read More »U.S. Court Denies Release for Teenager in $245 Million Bitcoin Heist Citing Flight Risk
The UK Insolvency Service has appointed Andrew Small as its first dedicated Crypto Expert, a newly created role designed to address the complexities surrounding digital assets in insolvency and criminal proceedings. Andrew Small, a former police investigator, will leverage his… Read More »UK Insolvency Service Appoints First Dedicated Crypto Expert to Tackle Digital Asset Challenges