Enforcement Actions

According to ChainCatcher, Lim Chun Yin, a former customer manager at Bank of China (Asia) Limited, admitted to accepting bribes totaling over $470,000 in Tether (USDT) in conspiracy with fintech company employees. He also pleaded guilty to illegally authenticating multiple fraudulent documents with

According to ChainCatcher, on September 14, U.S. District Judge Arun Subramanian for the Southern District of New York dismissed a preliminary injunction motion filed by market makers Susquehanna Securities, LLC and Susquehanna Investment Group in insider trading case 1:26-cv-05474-AS. The court

According to South Korean media, on September 17, Seoul Metropolitan Police Agency's Financial Crime Investigation Unit is investigating 26 people suspected of placing illegal bets worth approximately 19 billion won ($12.7 million) through crypto prediction platform Polymarket. The investigation

According to The Block, a New York federal court is hearing today, September 17, a $15 million loan dispute case against Ostium, an on-chain perpetual futures exchange. ESS Frontier and Hong Kong-based lender Minghui Zheng filed the lawsuit earlier this month, seeking to freeze the exchange's

According to Asia Economy, South Korea's Gangwon Provincial Police Agency referred 18 of 26 Polymarket users to prosecutors as of September 15. The users' cumulative bets totaled approximately $12.76 million, with a single user's maximum bet around $4.13 million. Law enforcement identified the users

The U.S. Attorney’s Office for the Southern District of New York announced on September 15 that it had unsealed two criminal complaints charging Hefu Chai (36) and Huaisong Xiang (also known as Jerry Xiang, 30) with commodity fraud and wire fraud; the two were accused of using their positions to each allegedly profit more than $50k between 2025 and 2026. Charges: Allegations Against Hefu Chai and Jerry Xiang and Maximum Sentences According to the criminal complaints announced by the U.S. Attorne

According to a Classix incident report, a counterfeit ethereumclassic/core-geth v1.13.0 was released on September 14 and promoted as a "security update" through @ETC_Network, CoinMarketCap, and email to deceive node operators into upgrading. A limited number of mining pools temporarily switched to

Korean police investigated 26 users of crypto-based prediction market platform Polymarket, referring 18 to prosecution on gambling charges. The Gangwon Provincial Police Cyber Investigation Unit began pre-indictment investigations in March and started indictments in May, according to data received b

Strategy CEO Michael Saylor posted on X on September 17, publicly stating that “progress does not need to wait for Congress.” He said he expects the SEC, CFTC, and Treasury Department to advance Crypto rulemaking under existing laws. This came after the U.S. Senate rejected a motion to end debate on the CLARITY Act by a vote of 49 to 50; the bill fell 11 votes short of the required 60 votes. CLARITY Act Voting Results On September 15, 2026, the U.S. Senate rejected the motion to end debate on th

According to PANews on September 17, South Korea's Kangwon Police launched investigations into 26 Polymarket users as of September 15, with 18 referred to prosecutors. The cumulative betting amount involved reached approximately 176

According to ChainCatcher, ESS Frontier LLC filed a lawsuit against Ostium Foundation, Ostium Labs Co., and others on September 4 in the U.S. District Court for the Southern District of New York (Case No. 1:26-cv-07645), seeking mandatory arbitration over an approximately $15 million crypto loan. ES

Revolut confirmed on September 12 that hackers obtained personal data from 680 high-net-worth crypto accounts after impersonating law enforcement officials and using a compromised Italian government email system to request confidential customer files. The attackers exploited Italy's Posta

According to the Financial Times and Revolut's announcement on September 12, data from 680 high-net-worth crypto accounts was compromised through law enforcement impersonation. Hackers used blockchain analysis to identify wealthy customers holding significant crypto, then impersonated Italian