Enforcement Actions

The U.S. Treasury Department sanctioned two Russian nationals on October 28 for allegedly converting millions of dollars in cryptocurrency for North Korean IT worker networks. The Office of Foreign Assets Control (OFAC) designated 10 individuals and one entity, targeting financial intermediaries

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) designated 10 individuals and one entity on October 28, targeting Russian and North Korean nationals accused of facilitating cryptocurrency conversions for North Korean IT worker networks. Russian national Ilya Aleksandrovich

According to Bloomberg, SEC Enforcement Chief David Woodcock stated yesterday that the agency is closely monitoring insider trading and market manipulation in prediction markets, with enforcement actions expected in the sector. Woodcock noted that prediction market trades linked to publicly traded c

Aiden Pleterski's criminal fraud trial reached jury deliberations after prosecutors presented evidence showing that more than $36 million provided by investors never reached the cryptocurrency trading platform where the money was supposed to be invested. The trial in Ontario Superior Court,

Aiden Pleterski's cryptocurrency fraud trial entered jury deliberations today after prosecutors presented evidence that over $36 million from investors never reached the FXChoice trading platform where funds were supposed to be invested. The 27-year-old, who represented himself, pleaded not guilty a

Galaxy Digital LP applied on Thursday morning to the Office of the Comptroller of the Currency to establish Galaxy National Bank, a proposed national trust bank headquartered in New York. The application seeks to bring custody, trading, staking and fiduciary investment advisory services under one

According to the U.S. Treasury Department, on October 28, 2026, OFAC sanctioned 10 individuals and one entity for their roles in North Korean IT worker schemes that defraud U.S. businesses and generate revenue for the country's weapons programs. Two Russian nationals are among those sanctioned.

Tether blacklisted dozens of addresses on the TRON blockchain on October 28, 2026, restricting transfers involving wallets that collectively held approximately $27 million in USDT when monitoring alerts were generated. According to blockchain monitoring data attributed to TrustSniffer, at least 33 a

According to a Bloomberg investigation published on October 28, market surveillance firm Solidus Labs identified over $170 million in unusual orders on Hyperliquid's oil-linked perpetual futures between March 8 and 10, 2026, raising concerns about potential spoofing-related market manipulation. Sol

According to TrustSniffer blockchain monitoring data, Tether blacklisted 35 TRON addresses on October 28, 2026, restricting transfers on wallets that collectively held approximately $27 million in USDT. At least 33 addresses were initially identified, with further review revealing 35 total addresses

According to ABC4, on Wednesday, Utah filed felony charges against prediction market Kalshi and co-founders Tarek Mansour and Luana Lopes Lara, accusing them of illegally promoting gambling. The charges include one count of pattern of unlawful activity (a second-degree felony), 12 counts of online g

Chinese payments giant Alipay denied supporting cryptocurrency trading through third-party platforms in a statement published on October 28, 2026. The denial followed decentralized marketplace Peer's October 27 announcement of a beta service allowing users to buy and sell USD Coin (USDC) using Chine