Weeks after stealing victims' cryptocurrency, the fraudsters initiated a secondary recovery scam, contacting victims with false promises to retrieve their stolen funds for a fee.

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Crypto payments network Mesh integrated Polygon Labs' fiat on-ramps into its network connecting over 300 wallets, exchanges, and financial services.

PayPal USD became available natively on Polygon through Open Money Stack in July 2026.

Polygon Labs completed its acquisition of Seattle-based crypto platform Coinme on October 14, 2026.

Polygon Labs reduced its workforce in July 2026 while preparing to complete the Coinme transaction, according to CEO Marc Boiron.

Polygon Labs' Open Money Stack platform combines fiat on- and off-ramps, digital wallets, payment routing, and settlement infrastructure in a single integration.

Open Money Stack remained in a technical preview for selected customers as of October 14, 2026.

Polygon Labs announced plans on January 13, 2026 to acquire Coinme and wallet developer Sequence for more than $250 million combined.

Between April 2014 and August 2017, Zhimin Qian operated fraudulent investment schemes through Tianjin Lantian Gerui Electronic Technology Co. Ltd., illegally raising over 40 billion yuan.

Zhimin Qian's investment fraud scheme affected over 100,000 investors who suffered combined losses of approximately 19.98 billion yuan.

Standard Chartered extends its wider digital assets business covering custody, trading, and tokenisation through its ventures arm via Zodia Markets and Libeara.

To evaluate bitcoin import and export activity for the year ending in June 2026, Chainalysis relied largely on the web traffic of involved cryptocurrency asset services.

On-chain investigator vxdb estimated Gamdom's breach losses at $4.208 million across multiple networks including Ethereum, BSC, Polygon, Arbitrum, Optimism, Bitcoin, Solana, and TRON.

Blockaid reported UNCX Network's Vesting V2 exploit losses reached $1.49 million across four blockchains: $969,000 on BNB Smart Chain, $242,000 on Ethereum (initial loss $86,000), $169,000 on Robinhood Chain, and $114,000 on Base.

Law enforcement authorities made no arrests in connection with the October 2026 cryptocurrency scam infrastructure disruption.

Server data seized by law enforcement revealed that the same criminal network operated both the initial fake investment scheme and the secondary recovery scam.

Victims who responded to the Facebook advertisements were contacted by Russian-speaking callers posing as investment advisors.

Prosecutors and the FBI seized and disrupted 112 cloud servers hosted by Eastern European and American firms across three time zones in October 2026.

On October 14, 2026, the Brooklyn District Attorney's Office and the FBI announced a joint enforcement action that disrupted a multinational cryptocurrency scam operation.

The fraudsters recruited victims using Russian-language Facebook advertisements that promised investment opportunities.

Seizing the 112 servers disabled the scammers' operational software, victim database, and backend infrastructure, preventing them from quickly spinning up replacement sites.