Enforcement Actions

According to KUTV, Utah Attorney General Derek Brown announced on Tuesday a civil lawsuit against prediction market platform Kalshi and affiliated entities, alleging its online services constitute a public nuisance. The lawsuit was filed in Utah's Third District Court. Brown accused Kalshi of

The US Court of Appeals for the Eighth Circuit heard arguments on October 20 regarding Arkansas's request to vacate a federal injunction blocking state laws that restrict foreign-controlled companies from operating Bitcoin mining operations. The court has not yet issued a final decision. The case c

According to Odaily, prediction market platform Kalshi and two Susquehanna subsidiaries were sued by Utah Attorney General Derek Brown, alleging the firms facilitated illegal gambling through prediction market contracts since 2024. Brown requested the court order the companies to return

Utah Attorney General Derek Brown announced on October 20 that the state filed a civil lawsuit against prediction-market platform Kalshi, its affiliates, and two trading firms tied to Susquehanna, seeking to recover $30 million to $60 million in revenue. Utah accuses the companies of operating

Wallets tied to the April 1 Drift Protocol exploit deposited 25,700 Ethereum, worth about $61.56 million, into Tornado Cash over roughly two hours on Tuesday, according to Arkham Intelligence transfer data. The addresses had been inactive for about two months before the deposits. Arkham data shows t

According to Chainalysis, today a wallet linked to the Drift exploiter transferred $61.5 million to Tornado Cash in 100 ETH tranches. The wallet had been inactive since April 1, 2026. The substantial movement highlights concerns regarding fund flows through privacy mixers and the ongoing

According to the Salt Lake Tribune and Crypto Briefing, on Oct 21, Utah Attorney General Derek Brown filed a lawsuit against prediction market platform Kalshi and two Susquehanna-affiliated trading firms in Utah's Third District Court. The suit alleges the defendants continued offering sports and

Comedian Nikki Glaser delivered a joke about Tom Brady's reported $30 million loss from the FTX collapse during Netflix's roast special in May 2024, with Howard Stern later noting the joke received a standing ovation. Brady served as a brand ambassador for the cryptocurrency exchange FTX before it c

According to FinanceFeeds, on October 16, Ramp filed an application with the Office of the Comptroller of the Currency for a national trust bank charter. The proposed entity, Ramp National Trust Bank, would