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Attorney General Letitia James is pursuing nearly $1.37 billion from Cynthia and Eddy Petion, the founders of NovaTech, while four promoters have agreed to repay almost $6 million to victims recruited through social media and prayer groups.
Operation Confrontation Ghost, coordinated by the UAE with Interpol support, identified $39 billion in fiat and crypto proceeds from AI-driven fraud and sextortion networks, though notable scam hubs Cambodia and Laos were absent from the list of participants.
Nine people have been arrested in Poland over a scheme that funnelled more than 337 million zlotys from fraudulent crypto platforms through currency exchange offices and fictitious gold purchases.
The Security Alliance logged 70 incidents between 13-20 October, with Ledger hardware wallets sold by Malaysian reseller CryptoBilis responsible for the single largest loss category at $9.3 million.
Kash Patel announced the FBI's Operation Blackout had seized roughly $17 billion from crypto scam networks, but offered no breakdown of the figure, while Ghanaian authorities pushed back on the bureau's account of a West African raid.
A cloned voice and a fake WhatsApp message from Intesa Sanpaolo's CEO led Fideuram's treasury to wire nearly €95 million to China and Hong Kong in February. Over €53 million has been clawed back, but €39.5 million converted into cryptocurrency remains unrecovered.
A sixth suspect has been charged in Poland's investigation into the collapse of Zondacrypto, formerly BitBay, as investigators search a fuel depot where founder Sylwester Suszek was last seen in 2022.
A Wall Street Journal report says Polymarket was targeted by an attempted fraud worth roughly $10 million while compliance staff warned for months about weak safeguards, as the platform prepares for record trading volume around November's US midterms.
The National Crime Agency has placed crypto assets third on a new nine-point list of economic crime priorities, citing hundreds of billions of pounds in criminal money moving through UK finance and detailing two operations that yielded arrests, seizures and millions in frozen funds.