Billionaire heiress Taylor Thomson has reportedly lost more than $80 million in digital assets after following investment guidance tied to a 0 Takeaways: Taylor Thomson reportedly lost over $80 million in crypto investments managed with guidance tied to a 1 former friend Ashley Richardson allegedly executed 450,000 2 dispute has led to lawsuits and countersuits, with Thomson settling with blockchain project 3 to a Wall Street Journal (WSJ) report published Monday, Thomson, a member of the family behind media and financial giant Thomson Reuters, poured millions into cryptocurrencies with the assistance of her former best friend, Ashley 4 two women had allegedly consulted a celebrity psychic and other spiritual advisers before Richardson became heavily involved in managing Thomson’s crypto 5 Oversaw $140M in Crypto at Bull Market Peak At the height of the 2021 bull market, Richardson was said to oversee more than $140 million in Thomson’s digital assets spread across multiple 6 the sharp downturn in crypto markets in mid-2022 devastated the 7 firm Guidepost Solutions estimated Thomson’s losses at over $80 million and claimed Richardson executed more than 450,000 trades without proper authorization, exposing her to high-risk 8 rejected the allegations, arguing she acted under Thomson’s direction and only made trades to maintain liquidity in thinly traded 9 emphasized that there was no formal contract between them, only a verbal agreement, and insisted she never profited personally.
“Everything I did was based on her instructions, as part of her effort to minimize losses,” Richardson told the 10 dispute escalated into a legal battle in 11 filed a lawsuit against Richardson and Persistence (XPRT), a proof-of-stake blockchain project launched in 12 had invested $40 million in its native token, which has since collapsed in 13 peaked at $16.59 on May 15, 2021, according to CoinGecko, but currently trades at about $0.037 — a drop of 99% from its all-time 14 is seeking $25 million in damages, alleging Richardson and Persistence arranged a secret “finder’s fee” for Richardson and misrepresented the investment. A Thomson spokesperson dismissed Richardson’s narrative, saying: “Ms.
Richardson has taken her bogus story to the media in an attempt to extract more money from Ms. Thomson.” Richardson has countersued for $10 million, claiming defamation after Thomson allegedly told others she had committed 15 to the WSJ, Thomson has since reached a settlement with Persistence, but the case against Richardson remains 16 Loses $3M in Crypto Phishing Scam As reported, a cryptocurrency investor has fallen victim to a phishing scam , losing $3.05 million in Tether (USDT) after unknowingly signing a malicious blockchain 17 loss, flagged by blockchain analytics platform Lookonchain on Wednesday, underscores the rising threat of phishing attacks targeting digital asset 18 attacker exploited a common habit among crypto users: validating only the first and last few characters of a wallet address while ignoring the 19 investors lost over $2.2 billion to hacks , scams, and breaches in the first half of 2025, driven largely by wallet compromises and phishing attacks, according to CertiK’s latest security 20 breaches alone caused $1.7 billion in losses across just 34 incidents, while phishing scams accounted for over $410 million across 132 attacks.
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