US authorities will return$7 million to victims of a crypto investment scam. Fraudsters tricked investors into sending money to fake platforms before funnelling funds through 75 bank accounts. The US Secret Service seized assets from a foreign bank in 2023 and settled.

Victims were misled into believing their investments were growing, only to face demands for more money. When they attempted withdrawals, scammers claimed additional tax payments were required. The recovered funds will now be distributed to affected investors.

The 2025 Crypto Crime Report highlights the rise of sophisticated cyber scams. Australian police recently warned about fraudulent messages mimicking major exchanges. Other scams have involved malware disguised as legitimate trading software.

Microsoft's security team has identified a new trojan targeting crypto wallets in Chrome extensions. As cybercriminals refine their tactics, authorities urge investors to stay vigilant and verify platforms before transferring funds.