Enforcement Actions

According to Reuters, on October 28, the U.S. Commodity Futures Trading Commission (CFTC) is investigating Polymarket to determine whether it violated a 2022 settlement agreement, specifically focusing on whether the platform took sufficient measures to prevent American users from accessing its

A suspected memecoin bundling operation involving STONKINU has been reported by @Bubblemaps, linking top social trader @The__Solstice to the activity. The operation reportedly involves multiple tokens including $BOP, $QUEEF, and $HEV. The report indicates connected wallets generated $270K while Sols

On October 27, the Commodity Futures Trading Commission (CFTC) filed suit in U.S. District Court to block Utah from restricting prediction market operations. The action follows Utah officials' lawsuit against Kalshi and related parties one week earlier, seeking to recover up to $60 million in

The U.S. Department of Justice has launched an initiative against global crypto investment fraud with crucial support from blockchain analysis firm Chainalysis. The effort targets a scam operation based in Madagascar that reportedly used fake NFT investments to defraud American investors.

According to Chainalysis, the firm is collaborating with the DOJ's Scam Center Strike Force to dismantle a cryptocurrency fraud operation based in Madagascar involving fake NFT investments. Prosecutors allege that victims were deceived into signing transactions that drained their wallets, with one v

The U.S. Commodity Futures Trading Commission is investigating Polymarket for potentially violating its 2022 settlement agreement by not adequately blocking U.S. users from its offshore platform. The probe examines Polymarket's geolocation controls and U.S. advertising practices, according to a

The Commodity Futures Trading Commission (CFTC) filed a lawsuit to block state enforcement actions in Utah, asserting its jurisdiction over cryptocurrency regulations. The legal action aims to preserve federal authority in the digital asset space. The move comes amid ongoing debates about federal ve

According to The Block and The Defiant, the U.S. Commodity Futures Trading Commission (CFTC) sued Utah on October 28 to block the state from investigating and enforcing actions against federally regulated

According to ChainCatcher, U.S. prosecutors have charged six individuals allegedly linked to an NFT wallet theft fraud operation, with the FBI estimating losses across 74 compromised wallets at over $516,700.

According to Reuters, the U.S. Commodity Futures Trading Commission (CFTC) is investigating prediction market platform Polymarket on October 28 for potentially violating its 2022 agreement prohibiting U.S. user access. The investigation examines Polymarket's compliance controls and advertising

India's central bank has reasserted a call for a cryptocurrency policy "leaning towards prohibition," while the country's tax department warned that trading via offshore exchanges is hard to track, government documents reviewed by Reuters showed. The documents reveal a preference among key Indian

According to The Block, a Missouri man has pleaded guilty to participating in a robbery and kidnapping scheme aimed at stealing Bitcoin. Prosecutors said the suspect and associates tracked the target and his parents, planning the crime but abandoning the plot after fearing surveillance cameras

According to NPR, Polymarket has investigated dozens of bets on midterm election markets for possible insider trading and manipulation ahead of the November 3 vote, the company's head of global intelligence and investigations, Shana Bautista, said. At least two of those cases have been referred to t

According to a statement from Hong Kong Monetary Authority reported by ChainCatcher, the authority has received numerous public inquiries regarding fraudulent schemes impersonating the digital Hong Kong dollar. The scam agreements falsely claim to convert loans into digital HKD assets and deceive th

According to NPR, Polymarket has investigated "dozens" of trades related to the U.S. midterm elections, with at least two cases referred to the Commodity Futures Trading Commission (CFTC) on October 27, according to the platform's director of global intelligence and investigations, Shana

According to Bitcoin.com News, Spanish National Police discovered that wallets linked to collapsed cryptocurrency platform Arbistar transferred over $1.1 billion in Bitcoin following the platform's collapse. Between January and March 2021, wallets associated with key defendants processed