Enforcement Actions

According to Anadolu Agency, Türkiye has blocked access to 47,493 illegal betting websites since Jan. 1, 2026, as authorities expanded nationwide enforcement against online operators and payment networks. Police and gendarmerie units conducted 680 operations, detained 5,629 suspects, and secured

Russia's FSB formally charged Pavel Durov with facilitating terrorist activities and placed him on an international wanted list on July 29. The move sent GRAM, formerly known as Toncoin, lower in early trading, adding to recent weekly losses. According to the FSB, charges stem from Telegram's

Russia's FSB formally charged Pavel Durov with facilitating terrorist activities and placed him on an international wanted list, sending GRAM lower in early trading. The charges stem from Telegram's alleged failure to remove material used by Ukrainian special services and terrorist or extremist

The Consumer Federation of America estimated that cryptocurrency scams cost Americans $80.7 billion in 2025, based on FBI figures that reported $11.37 billion in crypto-related fraud losses to the agency last year. The association of non-profit consumer groups applied a 7.1x multiplier derived

According to the Consumer Federation of America, cryptocurrency accounted for more than half of all scam losses reported to the FBI in 2025, with official losses reaching $11.37 billion, up 22% from 2024. Applying a 7.1x multiplier based on a Bureau of Justice Statistics survey showing only 14% of f

The A7A5 stablecoin, a ruble-backed token linked to a sanctioned Russian state bank, has collapsed to $0 with zero trading volume following sanctions imposed by the U.S., U.K., and E.U. The token lost 96% of its value after sanctions blocked all conversion pathways, despite its smart contracts

According to sanctions imposed by the U.S., U.K., and E.U., the A7A5 stablecoin, linked to a sanctioned Russian state bank, has collapsed to $0 and now records zero trading volume, losing 96% of its value. The stablecoin previously processed over $100 billion in transactions in its first year of

Bitcoin users lost a combined $1.8 million after downloading fraudulent mobile apps impersonating Sparrow Wallet on Apple's App Store, according to a lawsuit filed in the United States District Court for the Northern District of California, San Jose Division. The victims entered their recovery

Attorneys general from 44 states submitted a letter on Monday to the Commodity Futures Trading Commission, arguing that the agency lacks authority to regulate sports-related prediction markets. Ohio Attorney General Andy Wilson led the coalition, which filed the letter as the public comment period c

According to ChainCatcher, Altura's bank account holding approximately $21.88 million (1,644.6 million GBP) was temporarily frozen, blocking its planned USDT purchase via over-the-counter partners. The platform stated that the bank has placed the account under review and will contact Altura if

The Commodity Futures Trading Commission issued new guidance instructing regulated prediction market exchanges to stop submitting broad template-style self-certifications covering large numbers of event contracts. The procedural change follows an explosion in prediction market activity driven by

According to the CFTC, the agency issued new guidance on July 29, 2026, prohibiting regulated prediction market exchanges from submitting broad, template-style self-certifications covering large numbers of event contracts. The advisory follows record activity during the 2026 FIFA World Cup, when

According to AP News, Gabriel Perez, a White House teleprompter operator, was fired on July 29 for allegedly using nonpublic information to place bets on Kalshi, a prediction market, regarding Trump's speeches. Perez reportedly profited more than $100,000 from trades tied to major addresses,

Onchain security firm Blockaid verified 212 blockchain exploits in the first half of 2026, totaling $1.1 billion in losses. The incident count represented 3.4 times the number of high-threshold exploits recorded across all of 2025.

Brendan Gunn, brother of Australian Olympian Rachael 'Raygun' Gunn, received a suspended 12-month custodial sentence from a New South Wales court after pleading guilty to dealing with more than US$180,000 (AU$261,000) suspected to be proceeds of crime linked to an offshore cryptocurrency

A New South Wales court sentenced Brendan Gunn, brother of Olympic breakdancer Rachael "Raygun" Gunn, to 12 months in jail for admitting he handled more than US$180,000 suspected to be proceeds of crime connected to an offshore cryptocurrency investment scam. He was released immediately after

Led by Ohio Attorney General Andy Wilson, the attorneys general of 44 U.S. states sent a joint letter to the Commodity Futures Trading Commission (CFTC) on July 28, saying the CFTC does not have the authority to regulate sports-related event contracts on prediction market platforms. The joint letter asks the CFTC to rewrite its rules, clarifying that sports betting cannot be traded on designated contract markets and should be subject to state legal jurisdiction. Joint Letter From 44 Attorneys Ge