Ethereum
Ethereum has been named in 3 documented digital harm incidents. The most common harm domain is Fraud & Financial.
Documented Incidents
3North Korean Hackers Steal $1.5 B from Bybit Cryptocurrency Exchange
In February 2025, the FBI announced that a North Korean state‑sponsored hacking group, known as TraderTraitor, stole approximately $1.5 billion in virtual assets from the cryptocurrency exchange Bybit. The stolen funds were partially converted into Bitcoin and dispersed across thousands of blockchain addresses. The FBI released a list of Ethereum addresses tied to the actors and urged exchanges, node operators, and other crypto‑service providers to block transactions linked to those addresses, while seeking public tips to help disrupt the laundering of the assets.
FBI dismantles pig butchering cryptocurrency investment scam operating through dating platforms
The FBI seized $8.2 million in cryptocurrency linked to a "pig butchering" romance scam, a type of fraud where victims are emotionally manipulated before being defrauded. The investigation, led by the FBI's Cleveland Field Office, identified over 30 victims whose funds were moved through a complex network of crypto transactions. The U.S. Attorney's Office for the Northern District of Ohio filed a civil forfeiture complaint in February, tracing the funds to three cryptocurrency wallet addresses. Scammers used advanced laundering methods, but investigators identified transaction patterns and wallet reuse to track the stolen assets through Ethereum, TRON networks, and DeFi protocols. One victim from Cleveland lost over $650,000 in retirement savings by transferring it to a fraudulent investment account. The Department of Justice is continuing its investigation and plans to use the recovered funds for restitution, though many victims remain unidentified.
Investigators trace $7 million in pig butchering scam funds cross-chain from TRON to Ethereum
Approximately $7 million in funds suspected to be linked to a "pig-butchering scam" were transferred from the TRON blockchain to the Ethereum blockchain. The transfer was reported by Bitget, a cryptocurrency exchange. The scam involves fraudulent romantic relationships leading to financial exploitation. The movement of funds indicates an attempt to launder or obscure the origin of the illicit money. The incident highlights the challenges of tracking criminal activity across different blockchain networks.