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$9.5M vanishes via fake Ledger Live app tied to 150 KuCoin addresses A counterfeit version of the Ledger Live wallet app listed on Apple’s App Store has been linked to a sophisticated crypto theft totaling around $9.5 million, affecting more than 50 victims across multiple blockchains. The scam ran for roughly a week, from 7…

South Korea’s Third-Largest Crypto Exchange Hit With Major AML Sanctions Coinone, one of South Korea’s biggest digital asset trading platforms, is under heavy regulatory fire after authorities uncovered extensive anti-money laundering (AML) lapses. The exchange, ranked third in the country by size, now faces millions in fines, a temporary business restriction, and a formal reprimand…

SocGen-FORGE launches MiCA-compliant dollar stablecoin in MetaMask Societe Generale-FORGE, the digital asset subsidiary of French banking group Societe Generale, has brought its regulated USD CoinVertible (USDCV) stablecoin to MetaMask, placing a bank-issued dollar asset directly in one of the most widely used Web3 wallets. The move opens regulated access to a dollar-pegged token for millions…

Coinone slapped with $3.5M fine and 3‑month ban as South Korea tightens crypto grip South Korea has intensified its regulatory offensive on the digital asset industry, handing local exchange Coinone a multimillion-dollar penalty and a temporary shutdown over anti-money laundering (AML) failures. The country’s Financial Intelligence Unit (FIU), the agency in charge of enforcing AML…

Kraken Rejects Extortion Demands After Insider Data Misuse, Vows Not to Pay Kraken, the second‑largest crypto exchange in the United States, has publicly refused to bow to extortion demands from a criminal group following two incidents of unauthorized access to limited client support data over the past year. The company insists it will not pay,…

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