Phishing

Ronald Spektor, 23, was sentenced to up to 12 years in prison after pleading guilty in a phishing and social engineering scheme that targeted almost 100 Coinbase users. Authorities said victims were pushed to transfer crypto into accounts he controlled, with nearly $16 million in restitution ordered.

SafePal disclosed a security incident that exposed names, physical addresses and contact details tied to customer orders. The crypto wallet provider said funds, seed phrases, private keys, bank information and government IDs were not affected.

Trezor says nearly 14,000 customers had personal information exposed after unauthorized access at fulfillment partner ShipMonk. The hardware wallet maker says its own systems and devices remain secure, but affected users face elevated phishing risks.

Roughly $16.69 billion has been lost to crypto hacks, and investigators say stolen private keys account for about 40% of that total. The industry is now leaning on multi-party computation, account abstraction, and tighter operational controls to reduce single-point failure risk.