Enforcement Actions

According to the Financial Supervisory Service of Korea, the regulator will conduct fast-track investigations into unfair trading linked to virtual asset issuance foundations to address market order violations. The initiative, unveiled in a National Assembly budget committee report, is part of a

Crypto.com’s North American Derivatives Exchange and Novig separately sued the State of Missouri on Friday, Oct. 17, in the U.S. District Courts for the Western and Eastern Districts of Missouri, respectively, arguing that the Commodity Exchange Act grants the CFTC exclusive jurisdiction over their Event Contracts, preempting the application of Missouri’s gambling laws. Missouri Secretary of State Hanaway: Six Cease-and-Desist Orders Require License Applications or Service Shutdown Within 30 Day

Early Bitcoin investor Roger Ver, known as “Bitcoin Jesus,” reached a deferred prosecution agreement with the U.S. Department of Justice in federal court in Los Angeles on October 14. Under the agreement, he will pay up to $49.9 million to settle criminal charges of mail fraud and tax evasion. If Ver complies with the terms of the agreement, the indictment will be dismissed one month later. The $49.9 million covers taxes, civil penalties, and interest. U.S. Department of Justice Announces Deferr

South Korea's Financial Supervisory Service (FSS) announced on October 19 during a National Assembly Policy Committee audit report that it will rapidly initiate investigations into high-risk areas that significantly undermine market order, including unfair trading linked to virtual asset issuance

According to South Korea's Financial Services Commission announcement on October 14, Streami (operator of Gopax exchange) was among 16 financial firms affected by recent hacking incidents, with approximately 100,000 data-leak cases identified across the group. The 100,000 figure represents the

According to BitPinas, Philippine cryptocurrency exchange Coinsph responded to earlier CoinDesk reports about potential license revocation by clarifying that its subsidiary Betur Inc.'s Virtual Asset Service Provider (VASP) license and DCPay Philippines' Electronic Money Issuer (EMI) license

According to BlockBeats, on October 18, the U.S. Department of Justice announced a deferred prosecution agreement with Roger Ver, widely known as "Bitcoin Jesus." The charges of fraud and tax evasion will be dismissed in exchange for Ver paying up to $49.9 million in penalties. Ver renounced his U.

According to Thai immigration police, authorities arrested a 37-year-old Chinese national identified as Mr. Wu on October 16 in Bangkok's Saphan Sung district over alleged involvement in a transnational money-laundering operation that processed over 500 million yuan ($75 million) through 133 bank

According to Bitcoin News, U.S. District Judge Alvin Hellerstein rejected a joint request by the Commodity Futures Trading Commission (CFTC) and cryptocurrency exchange Gemini to cancel a $5 million settlement agreement related to proposed Bitcoin futures contracts. The settlement stems from a 2022

According to HK01, Hong Kong police arrested four people on October 18 related to a suspected fraud scheme involving 'BBB Group' (好好好集团). The scheme allegedly sold over-the-counter (OTC) stocks and digital assets, with promises to convert OTC stocks into cryptocurrency by February 2027 or earlier.

According to Thai media Khaosod English, Thai police arrested a 37-year-old Chinese man on Saturday for alleged involvement in an international crime network handling over $75 million in transactions. Investigators said the suspect operated cryptocurrency and foreign-currency exchanges across more t