An FBI agent has been arrested on charges of stealing approximately $1 million in cryptocurrency from accounts described as "adversarial cryptocurrency accounts."
The agent allegedly misappropriated the funds while working in a law enforcement capacity, using access to seized or monitored crypto holdings. Reports note the agent reportedly consulted ChatGPT to plan vacation spending — an detail that surfaced during the investigation.
The case adds to a pattern of insider misconduct within agencies handling digital asset seizures, raising scrutiny over oversight mechanisms for law enforcement personnel with access to confiscated cryptocurrency.
🔐 Coldcard-Linked Bitcoin Hack Approaches $114M in Losses
A hack targeting Coldcard hardware wallet users has grown to nearly $114 million in potential losses, highlighting a sharp escalation in threats against self-custody Bitcoin holders.
AI is identified as a key vector in the attack, underlining a broader trend of artificial intelligence being weaponized against crypto users and infrastructure.
💵 Stablecoin Supply Drops $14.6B — Largest Fall Since Terra
The stablecoin market has shed roughly $14.56 billion in its largest contraction since the Terra collapse, with an additional $2.767 billion lost over the past seven days, according to DeFiLlama data.
The decline followed new federal rules that eliminated interest payments on digital dollars, flushing out yield-driven capital as investors repositioned away from non-yielding stablecoin holdings.
The Terra implosion in 2022 remains the benchmark for stablecoin market stress. A drop of this scale signals that regulatory changes to yield mechanics can trigger significant capital outflows from the sector.
⚖️ U.S. Crypto CLARITY Act Stalls Ahead of Senate Recess
The CLARITY Act, a sweeping digital asset regulatory framework exceeding 600 pages, has stalled in the U.S. Senate ahead of the August recess as disputes over ethics provisions slow negotiations.
Lawmakers continue debating the bill's structure for regulating cryptocurrencies, but no agreement has been reached. The Senate delayed approval as the ethics-related disagreements remain unresolved, pushing the timeline for a comprehensive U.S. crypto regulatory framework further into uncertainty.
The CLARITY Act has been one of the central legislative efforts in Washington to establish clear rules for digital assets.
🔐 Fake Trezor Support Scam Drains $282M in Bitcoin and Litecoin
A Bitcoin and Litecoin holder lost $282 million on January 10, 2026, after handing their 12-word seed phrase to a scammer posing as Trezor customer support.
No encryption was broken. The seed phrase itself is the wallet — anyone who holds it controls the funds. The attacker used social engineering rather than any technical exploit to gain access.
The incident is a reminder that legitimate hardware wallet makers never ask for recovery phrases under any circumstances.