The post Ledger Taps Ex-Circle Exec as CFO Ahead of Potential $4B IPO appeared first on Coinpedia Fintech News

Ledger, the crypto hardware wallet maker, has appointed John Andrews, a former Circle executive, as its new CFO. Andrews, who oversaw capital markets and investor relations at Circle and played a role in its IPO, will help Ledger prepare for a possible public listing valued above $4 billion. The company is expanding its U.S. presence, though market volatility could push back the IPO timeline. Ledger aims to strengthen its financial strategy ahead of the big move.

The post FBI, Thai Police Seize $580M in Crypto Scam Crackdown appeared first on Coinpedia Fintech News

In a major international law-enforcement operation, the FBI and Royal Thai Police raided scam compounds in Thailand, seizing more than 8,000 phones, 1,300 hard drives, and freezing $580 million in cryptocurrency linked to frauds targeting U.S. victims. These compounds, also located in Myanmar, Cambodia, and Laos, forced trafficked workers to run “pig butchering” scams that lure people with fake relationships or investment advice before stealing their money. A joint task force has arrested 21 suspects, and FBI agents are now in Thailand tracing blockchain transactions to break up the entire network rather than just individual scammers.

The post New DarkSword iOS Hack Puts Crypto Wallets at Risk appeared first on Coinpedia Fintech News

DarkSword is a powerful iOS exploit chain used by multiple threat actors to fully compromise devices and steal sensitive data. Among its most serious risks is access to cryptocurrency wallets, where attackers can extract wallet data, private keys, and transaction details. Malware like GHOSTBLADE specifically targets financial information, including crypto assets, making victims vulnerable to theft. Once infected, attackers can silently exfiltrate wallet data and monitor activity.

The post Crypto.com cuts 12% jobs, bets big on AI appeared first on Coinpedia Fintech News

Crypto.Com has laid off about 12% of its workforce, cutting roughly 180 jobs from its 1,500 employees, as it shifts focus to AI tools. CEO Kris Marszalek said companies that quickly adopt AI and combine it with top talent will grow faster, while others may struggle to survive. The move comes as crypto firms look to cut costs and improve efficiency during a slow market with lower trading activity and tighter regulations.

The post Gemini Cuts 30% of Workforce appeared first on Coinpedia Fintech News

Crypto exchange Gemini has cut about 30% of its workforce since January, reducing staff to around 445 employees. The company is also bringing in AI tools to improve efficiency and lower costs. Gemini reported a net loss of nearly $585 million in 2025, with about $60 million in revenue in the final quarter. The cuts come after earlier layoffs, exits from the UK, EU, and Australia, and leadership changes as the firm tries to stabilise its business.