Migliaccio & Rathod LLP is investigating losses suffered by investors who staked Ethereum through Ankr and its partners. In September 2025, a technical error caused dozens of computers that secure Ethereum to be automatically penalized, wiping out both deposits and rewards.
What Happened with Ankr Ethereum
During routine maintenance, they accidentally set up duplicate security keys. This mistake triggered Ethereum’s automated penalty system, known as “slashing,” which destroyed customer funds and forced many accounts to shut down early.
Why This Matters
Thousands of everyday investors trusted them because it advertised “institution-grade protection” for their assets. Instead, a preventable error cost them principal, rewards, and confidence in the service much like a bank losing customer deposits due to mishandling.
Signs You May Be Affected
- You staked Ethereum (ETH) through Ankr or other affiliated services (such as Ledger Live, Coinbase Enterprise, or Swell)
- You noticed lost funds or missing rewards in September 2025
- You were promised protection against “slashing”
If you lost money after staking ETH with Ankr or SSV Network, contact us at [email protected] or (202) 470-3520.

