Enforcement Actions

According to Beijing Daily, Beijing's Haidian District Market Regulator fined a technology company RMB 930K+ in the city's first enforcement action against a firm providing support services for a blockchain-based multi-level marketing scheme. The tech company, which served as an outsourcing

According to Beijing Daily, on October 29, Beijing's Haidian District Market Supervision Bureau penalized a technology company 930,000 yuan for providing technical and operational support to a blockchain-based pyramid scheme. The company facilitated services including technology maintenance,

Utah prosecutors filed 14 criminal charges against prediction-market platform KalshiEX LLC and co-founders Tarek Mansour and Luana Lopes Lara on Oct. 29, CoinDesk reported. The charges include one felony count for a pattern of unlawful activity, 12 counts of promoting online

According to CBC, on October 29, a Miami federal judge sentenced Trenton Johnston, 20, of Canada, to 25 months in prison. Johnston pleaded guilty to money laundering conspiracy and agreed to forfeit approximately $3.8 million in stolen cryptocurrency. Johnston, who began committing fraud in

The Singapore Police Force is investigating tampered Ledger hardware wallets sold at local retailers after receiving reports of combined losses totaling about S$3.5 million since September 10. The police issued an advisory on October 29 stating that at least two reports had been filed involving

According to Bloomberg, Utah's Attorney General office recently filed criminal charges against prediction market platform Kalshi and co-founders Tarek Mansour and Luana Lopes Lara, alleging illegal promotion of online gambling in the state. The charges include one second-degree felony for illegal en

According to Chainalysis, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned 10 individuals and one entity on October 28 for participating in a North Korea-led IT worker fraud scheme. The network used fake identities to secure employment at U.S. companies, generating c

Thailand’s Supreme Court recently ruled that Bitcoin meets the definition of property under Sections 137 and 138 of Thailand’s Civil and Commercial Code, and constitutes property for purposes of criminal law, but is not legal tender. The court upheld the 10-year prison sentence for the 2022 Koh Samui robbery, in which the victim was coerced into transferring 2.480801 Bitcoin on September 15, 2022; it ordered the robbers to return the Bitcoin or pay 1.878 million baht in compensation. Basis for t

According to Cointelegraph, Aiden Pleterski, Canada's self-proclaimed "crypto king," faces criminal charges related to a digital asset Ponzi scheme as his case enters jury deliberations following closing

According to on-chain researcher Spreek, Hifi Finance experienced a DAO governance attack recently. Attackers secured control through four last-minute votes funded by Tornado Cash, then minted 25 million governance tokens and transferred approximately $1 million in user collateral, predominantly in

The criminal fraud case against Aiden Pleterski, who calls himself the “Crypto King,” entered the jury deliberation phase on October 29. According to CBC, the jury formally began deliberations that day after receiving the judge’s final instructions. Pleterski is accused of defrauding social media followers of more than $30 million through a Ponzi scheme involving digital assets between 2021 and 2022. Amount Involved and Timeline of Allegations: Alleged Fraud of More Than $30 Million Between 2021

According to Bloomberg, in early March, a trader allegedly placed over $170 million in abnormal orders across two accounts on decentralized derivatives platform Hyperliquid using oil-linked crypto derivatives, according to analysis provided by blockchain monitoring firm Solidus Labs. Solidus

According to Deseret News and KSL, Utah's attorney general's office filed criminal charges on October 29 against prediction market Kalshi and co-founders Tarek Mansour and Luana Lopes Lara, alleging 14 counts including one second-degree felony, twelve third-degree felonies, and one Class A

Aiden Pleterski, known as the 'Crypto King,' saw his cryptocurrency investment fraud trial go to jury deliberations on October 28 after receiving final instructions from Justice Shawn Nakatsuru, according to CBC citing Cointelegraph. Pleterski was charged in 2024 with defrauding his social media

The US Commodity Futures Trading Commission is investigating whether Polymarket complied with a 2022 settlement that required the platform to block US users from accessing its offshore operations, Reuters reported on October 28 citing two people familiar with the matter. The renewed review

According to ChainCatcher, Aiden Pleterski's fraud case was submitted to jury deliberation this week after closing arguments, with the jury set to begin review on Thursday (Oct 30). Pleterski is accused of defrauding investors of approximately $30 million through social media between 2021

Datavault AI shares fell 49.55% to $0.067 on Oct. 27 after the Nasdaq-listed company disclosed in an SEC filing that it has been unable to complete a Bitcoin withdrawal request from crypto exchange Biconomy since June. The company also announced it will restate four financial

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned two Russian nationals for facilitating cryptocurrency transactions for North Korean IT workers, according to blockchain analytics firm Chainalysis. The individuals, including one identified as Boykov, allegedly

According to Chainalysis, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has sanctioned two Russian nationals involved in facilitating cryptocurrency transactions for North Korean IT workers. The sanctioned individuals, including Boykov, have been linked to a cash-out

The FBI reported $11.4 billion in cryptocurrency fraud losses during 2025, a 22 percent increase from the previous year, with investment scams accounting for $7.2 billion alone. The scale of these losses has created demand for specialized attorneys who understand blockchain technology and