Latest cybersecurity reporting from selected sources.

Also: Google’s $40B AI Bet, Insights From Google Next ConferenceIn this week's panel, four ISMG editors discussed North Korea's use of fake video meetings to fuel crypto fraud, Google's $40 billion investment in Anthropic and what it signals for the AI race, and key takeaways from Google Next in Las Vegas on enterprise AI adoption.

Also: Cartier Heir Imprisoned, Believe Founder Benjamin Pasternak ArrestedThis week, North Korea hacks, Cartier heir jailed, Believe founder arrested, Cambodia scam network sanctioned. A U.S. Army soldier's insider bet, Litecoin, sentences in laundering and romance fraud cases, France probed crypto kidnapping. Tennessee banned crypto ATMs, Kelp DAO and Alex Mashinsky.

Federal Charges Target Recruiters, Managers in Scam Centers After Global TakedownU.S. and international law enforcement agencies dismantled a network of overseas scam centers linked to cryptocurrency investment fraud schemes, officials said Wednesday, arresting at least 276 individuals in a crackdown across the Middle East and Southeast Asia.

Also: ZachXBT Uncovers DPRK Worker Scam, Hyperbridge Hack, Coinone FineThis week, Operation Atlantic disrupts $45M phishing fraud, ZachXBT uncovers DPRK crypto worker scheme, Hyperbridge exploit, South Korea fines Coinone $3.5M, Kraken faces extortion attempt over insider data leak and American musician loses $420K in fake Ledger app.

Also: Coinbase's Agentic AI Wallets, $1M Fraud IndictmentThis week, Paxful's $4M AML penalty, Coinbase's agentic AI wallets, a $1M fraud indictment, a 20-year $200M Ponzi sentence, laundering from the $200M Mixin hack, a Binance France home invasion attempt, insider betting charges in Israel and lost seized bitcoin in South Korea.

Also: SafeMoon CEO Gets 8 Years for Fraud, SBF Seeks New TrialThis week, a 20-year sentence in a $73 million scam, SafeMoon CEO got eight years for fraud, Sam Bankman-Fried sought a new trial, Epstein's early crypto investments, a U.K. lawsuit against HTX, a probe of a Trump-linked crypto deal, a crypto-linked home invasion and a $43 billion Bithumb error.

Also: $7M Saga and $5M Makina Finance ExploitsThis week, South Korea dismantled a $102 million money laundering ring, Saga paused SagaEVM after a $7 million exploit, Makina Finance lost $5 million, a Utah man sentenced to three years for fraud and illegal cash conversion and a software flaw let traders win ethereum transaction auctions for free.

Also: Unleash Protocol Hack, LastPass Breach Linked to Crypto TheftsThis week, an alleged fraud kingpin deported to China, Bitfinex hacker gained early release, Unleash Protocol's $3.9M hack, TRM tied crypto thefts to the LastPass breach, Trust Wallet's link to the Sha1-Hulud attack, Flow's NFT loan fallout, Ledger's data exposure and Kontigo reimbursements.

Also: Terra Founder Do Kwon Sentenced to 15 Years in PrisonThis week, SantaStealer resurfaced as an infostealer, police took down a crypto platform accused of money laundering, Terra founder Do Kwon sentenced, Bitcoin Rodney faced fraud and money laundering charges. The United Kingdom may regulate crypto by 2027 and Binance warned of fake listing agents.

Also: 700M Euro Fraud Busted, 2 Arrested in Crypto-Linked Killing CaseThis week, Ledger flagged physical attack risks to Android hot wallets, a 700M euro fraud network was dismantled, a suspect in the $243M Genesis theft was reportedly detained and a member of a $263M crypto scam pleaded guilty. Two men arrested in a Vienna crypto-linked killing.

Also: UK Fraud Investigators Make Arrests in $28M Basis Markets Rug-Pull ProbeThis week, World Liberty Financial scrambles to secure user funds, the U.K.'s Serious Fraud Office arrests two people over a $28M Basis Markets rug-pull probe, a Gana Payment hack drains $3.1M and Crypto Dispensers weighs a $100M sale following money-laundering charges against its CEO.

Also: Samourai Wallet Founder Sentenced, $128M Balancer Hack Post-MortemThis week, "Bitcoin Queen" sentenced, as was Samourai Wallet co-founder Keonne Rodriguez, Balancer hack post-mortem, Coinbase's 21 million euro fine, mistrial in $25 Million Ethereum exploit case. Spanish authorities detained a crypto influencer and accused the United States of a crypto heist.

Also: SBF Appeals Conviction, PHP Exploits Fuel CryptominingEvery week, Information Security Media Group rounds up cybersecurity incidents in digital assets. This week, Europol's 600 million euro fraud network bust, Sam Bankman-Fried conviction appeal, PHP exploits fueled cryptomining campaigns and sentencing set for Samourai Wallet founders.

Also: LastPass Warns of Phishing Campaign, Trump's New CTFC Head PickEvery week, Information Security Media Group rounds up cybersecurity incidents in digital assets. This week, Meteora CEO faced fraud allegations, LastPass warned of a phishing campaign, Trump taps crypto lawyer to lead CFTC, Mt. Gox delayed creditor repayments again and an Indian court blocked WazirX from using customer funds to cover hack losses.

$7 Billion Illicit Bitcoin Horde: Malaysian National Latest to Plead GuiltyA Malaysian national pleaded guilty Tuesday in an English courtroom to assisting an investment fraud scammer who converted stolen assets into a cryptocurrency treasure trove now worth $7.1 billion, including helping her to evade arrest by lining up assistants and Airbnb rentals in Scotland.

Chinese Woman Helped Run Ponzi-Style Investment Scheme That Amassed 61,000 BitcoinsChinese national Zhimin Qian, a 47-year-old woman also known as Yadi Zhang, pleaded guilty in England to helping run a Ponzi-style investment scheme in China called "Blue Sky," which defrauded over 128,000 individuals, generating assets she converted into 61,000 bitcoin, now worth $6.9 billion.

Also: Man Denied Bankruptcy Discharge Over $12.5M Crypto Ponzi DebtsU.S. sanctions Iranian shadow banking network, Texas man denied bankruptcy discharge, Nemo blames $2.6M exploit on developer errors, THORChain founder hacked, Shibarium Bridge hit by $2.4M hack, Denver court rules pastor's $3.3M project a fraud and NYDFS tells banks to use blockchain analytics.

BioCatch Says Crime Groups Have Industrialized Operations With Stablecoin TransfersOrganized crime groups have industrialized digital banking fraud operations in the United States, with money mule networks surging 168% in the first half of 2025. Money mules are being recruited at unprecedented scale, and they're using stablecoins to transfer funds to crypto exchanges.

FBI Seizes Domains; Dutch Police Analyzing Seized Data to Identify Admin and UsersAn international law enforcement operation involving the FBI and Dutch police has shuttered VerifTools, a "key" platform for generating fake identification documents cops have tied to multiple help desk fraud, cryptocurrency theft and other cybercrime cases.

Also: Taiwan Charges 14 in $41M Fraud; 1,200 Arrested in Cybercrime BustThis week, a scammer posed as police to steal bitcon, Taiwan charged 14 in a $41M fraud case, U.S. regulators lifted a consent order on Anchorage Digital, U.S. federal prosecutors said "writing code" alone is not a crime and the U.S. Commodity Futures Trading Commission expanded crypto engagement.