Malone Lam is expected to plead guilty in a federal case tied to the theft of more than 4,100 Bitcoin, worth $263 million at the time. Prosecutors say the scheme relied on social engineering, then spiraled into luxury spending, laundering, and real-world violence.
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A wallet linked to the Coldcard thefts has started swapping stolen Bitcoin into Ether via THORChain, giving investigators a new trail while most of the funds still sit untouched. The move shows how cross-chain swaps can muddy the waters, but not make receipts vanish.
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Coldcard has disclosed a seed-generation flaw that may have exposed some Bitcoin wallets to theft, but the widely repeated $112 million figure isn’t firmly verified. A firmware update helps going forward — it won’t rescue a weak seed already created.
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A US appeals court has let Bitcoin theft claims against Binance move ahead, but that’s a procedural win for the plaintiffs — not proof of wrongdoing. The ruling keeps pressure on the exchange while the missing case details leave plenty still unclear.
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Block says flaws in several Coldcard hardware wallets may have exposed over 1,082 BTC to theft, with the problem tied to weak wallet generation rather than a later device hack. Users of affected models are being urged to move funds to fresh, verified wallets fast.
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A Chinese court has upheld a Bitcoin theft conviction that turns a seed phrase into a brutally simple lesson: if someone gets the words, they can get the coins. In this case, a man memorized a wallet recovery phrase, stole 107 BTC, and was sentenced to more than 10 years in prison. 107 BTC stolen […]
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A 22-year-old Newport Beach man has been sentenced to 70 months in federal prison for laundering millions tied to a massive $263 million Bitcoin theft scheme built on hacking, social engineering, and physical burglaries. Evan Tangeman sentenced to 70 months At least $3.5 million laundered Over 4,100 Bitcoin stolen from a single victim Luxury homes, […]
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FBI Captures Suspect in $46 Million Bitcoin Theft from US Marshals Service A former US government contractor, John Daghita, has been arrested for allegedly stealing over $46 million in Bitcoin (BTC) from the US Marshals Service (USMS). The dramatic capture on the Caribbean island of Saint Martin, executed through a joint operation by the FBI […]
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Notorious Bitcoin Hacker Freed Early, Credits Trump for Second Chance Ilya Lichtenstein, the brain behind the colossal 2016 Bitfinex hack that siphoned off 120,000 Bitcoin, has walked out of federal custody after serving a mere 14 months of a five-year sentence for money laundering conspiracy. His early release, enabled by a prison reform law signed […]
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Crypto Crime Soars to $3.4 Billion in 2025: Chainalysis Exposes Bitcoin and Blockchain Hacks A chilling new report from Chainalysis, the blockchain intelligence heavyweight, has dropped a bombshell: over $3.4 billion in digital assets have been stolen in 2025, smashing last year’s record and laying bare the brutal reality of security in the crypto space. […]
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