Cryptohack Roundup: FCA Outlines UK Crypto Rules

Also: Trader Loses $50M in USDT in Address Poisoning Scam Rashmi Ramesh (rashmiramesh_) • December 25, 2025

Every week, Information Security Media Group rounds up cybersecurity incidents in digital assets. This week, the U.K. FCA mapped a path to full crypto regulation by 2027. iComTech promoter sentenced in Ponzi case, the U.S. Securities and Exchange Commission sought long-term public company bans for former FTX and Alameda executives, a trader lost $50M in USDT in an address poisoning scam and a Brooklyn man indicted over $16M Coinbase phishing scam.

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The U.K. Financial Conduct Authority launched three major consultations outlining how it plans to regulate crypto asset activities and markets. The consultations follow HM Treasury's announcements that crypto assets, including qualifying crypto assets and stablecoins, will soon face oversight comparable to traditional financial services.

Under the ...