Weekly recovery & enforcement updates and monthly loss reports tracking the Web3 security risk market.
A ~$10M freeze met a same-day escape hatch, the DOJ put a nine-figure forfeiture on paper, and a payments firm asked a federal court who actually controls a stablecoin — the week…
The first complete recovery this column has recorded — identification, publicity and a 48-hour clock — alongside a compensation market that now has its own tradable claim tokens…
The freeze lever caught 0.08% of the year's largest theft, a chain halt caught $2.2M the same week, and the KelpDAO–LayerZero dispute moved from the timeline to a courtroom.
Enforcement stayed small and unattributed, the largest loss of the week left 1.44M XRP (~$2.05M) sitting in the operator's own wallets, and the containment ledger shows what…
The freeze pipeline out-earned the week's entire crime total nearly eight-fold: a $39.27M issuer freeze on TRON against ~$5.1M of realized losses, while Chainflip pledged to make…
Negotiated partial returns become a measurable recovery channel: the Liquid attacker gave back ~85% of a $320M haul, while issuer freezing did its usual quiet work on TRON.
The week's biggest recovery story was a rollback, not a return: consensus-level containment reversed $111.2M of the Tectonic borrow, while a card protocol promised full refunds to…
A quiet enforcement week; the expensive decision was procedural — a known bug reported in April shipped as a silent patch in August and was exploited within 20 hours.