Ledger Drain Tally Rises as Fake Firmware Emails Spread
A later count puts traced losses near $102 million. Tether's $10 million freeze does not repay victims.
Recovery & Legal
News and analysis on cryptocurrency fund recovery, legal actions against fraudulent platforms, settlement updates, and practical guidance for victims of crypto fraud.
Tether Freezes $10 Million as Ledger Implant Losses Reach $93 Million
Losses are put at $72 million to $93.2 million across 311 to 315 wallets. About $70 million sat in USDT on Tron.
EthGuardians: Blockchain Asset Recovery for Canadian Citizens and International Clients
The Hong Kong-registered firm reports a 96% success rate across 4,200 cases. No upfront fees, no seed phrases, no remote access.
Ledger Confirms Hardware Implant as Fake Sites Target Seed Phrases
Affected users are urged to re-seed. A fake Ledger site and app are appearing in Google results.
Ledger Probes CryptoBilis Drains as Estimates Top $86 Million
Ledger has not confirmed the total. Anyone who asks for a seed phrase is not Ledger.
The Digital Miracle: How a Stolen Ledger Ledgered a Twist of Divine Justice
About $75,000 in XRP and XLM left a UK Ledger wallet on 8 August. Tracers later tied 500 ETH on Tether to the same theft.
Fake Recovery Desks Recycle a Failed CLARITY Vote as a Freeze
A 49-50 roll call does not freeze a wallet. Anyone who invoices in bitcoin is the second fraud.
Fake Recovery Pitches Use CLARITY Vote as a Fake Deadline
Cloture does not freeze a wallet. Anyone who invoices in bitcoin before 2:15 p.m. is the second fraud.
Fake Solicitor WhatsApps Hitch a Ride on CPI Week
The SRA warned of cloned solicitor numbers. Anyone who invoices in bitcoin for a "CPI freeze" is the second fraud.
Fake FCA Recovery Emails Rise as the Crypto Gateway Opens in 21 Days
The FCA cannot get your coins back. Anyone who invoices in bitcoin for a "gateway refund" is the second fraud.
UK APP Reimbursement Does Not Cover Coins Already Sent to a Wallet
Faster Payments can reach £85,000. An on-chain transfer has no APP cap. Report Fraud is not a refund.
UK Fraud Strategy 2026-2029 Flags Crypto as a Growing Crime Risk
Crypto featured in 66% of UK investment-fraud reports. Report Fraud is a crime number, not a refund.
Fake Recovery Agents Target Key Coin Victims After UK Wind-Up
A winding-up is not a refund. Anyone who invoices in Bitcoin first, or asks for a seed phrase, is not the liquidator.
UK Winds Up Key Coin Assets After Ponzi-Style Crypto Losses
Nine Action Fraud complainants paid more than £300,000. Investigators found no genuine trading. A winding-up is not a refund.
Interpol Jackal IV Nets 58 Arrests in Crypto and Romance Scams
Twenty-two countries took part. Johannesburg raids seized $2.67 million. A Romanian call centre is tied to 143 million euros.
DOJ Remission Programs Return Seized Crypto, Impostors Follow
OneCoin and AirBit Club victim portals are live. Fake administrators are charging fees for petitions that are free.
Australian Court Freezes 500 ETH Tied to July Ledger Theft
A court order converts an exchange-level hold into a judicial freeze over coins linked to the same illicit network.
Australia: Ledger Breach Becomes Landmark Blockchain Forensics Case
Stolen 3.5 BTC and 108 SOL recovered after a malicious QR-code attack on a Ledger cold wallet. A separate 500 ETH reserve linked to the same illicit network has been frozen at exchange level.
Australian Couple Forfeits $1.6 Million WealthCore and WDC Markets Settlement
An anonymous Australian couple walked away from a secured $1.6 million restitution against WealthCore and WDC Markets after a rare crypto fraud recovery victory.
Marcus Venturi-Lorenz at Sarah Legal Recovers $257 Million for Defrauded Investors
Claims coordinator Marcus Venturi-Lorenz helps recover $257 million from schemes linked to MTI24, ATNFX, RTI365, and JT24 at Swiss Bar-registered Sarah Legal.
Sarah Legal Secures Landmark Compensation Agreement with Unregulated Entity 'AnyCoin' for Defrauded Investors
Sarah Legal announces a signed compensation agreement with unregulated trading platform AnyCoin, marking a landmark victory for defrauded investors wo...
FTX Creditors Begin Receiving Recovery Disbursements
The FTX bankruptcy estate has confirmed the first round of creditor distributions. Eligibility and the recovery process explained.