Latest cybersecurity reporting from selected sources.

Also: Hackers Stole From Verus Bridge, ThorChain and Echo ProtocolThis week, Forsage's co-founder was extradited to the U.S. over a $340M scam, hackers stole from Verus Bridge, ThorChain and Echo Protocol, ZachXBT alleged insider control behind LAB token surge, an Ohio man was sentenced in a Ponzi scheme case and crypto ATM scams cost Americans $388M in 2025.

FBI Accuses Ukrainian Man of Identifying Exploitable Flaws in Victims' NetworksA 33-year-old Armenian man, Karen Vardanyan, accused of facilitating Ryuk ransomware attacks against numerous organizations, is due to stand trial in the U.S. in August. The FBI said the Ryuk operation earned at least $15 million in cryptocurrency ransom payments from victims.

Do Hyeong Kwon Extradited to US For Allegedly Defrauding Investors Out of BillionsAuthorities say Do Hyeong Kwon, former CEO of Terraform Labs, appeared in a Manhattan federal courtroom Thursday after facing extradition from Montenegro over allegations he defrauded investors out of billions of dollars while misrepresenting his company’s cryptocurrency and other products.