Enforcement Actions

According to Brooklyn District Attorney's Office, on Wednesday, prosecutors and the FBI dismantled an Eastern European cryptocurrency scam network that stole tens of millions of dollars from Russian-speaking Americans. The operation resulted in the shutdown of 241 websites and seizure of 112

The US Office of the Comptroller of the Currency (OCC) released a report Wednesday on debanking efforts, finding that certain banks had policies restricting financial services to industries including digital assets, oil and gas, tobacco, and firearms. The report was released in accordance with an

According to the U.S. Office of the Comptroller of the Currency, on Wednesday (Oct 14), a new report found that banks have implemented restrictions on digital asset activities, including those related to crypto issuers, exchanges, and administrators. The OCC said many institutions placed these restr

According to Bloomberg, Brooklyn prosecutors dismantled a transnational cryptocurrency fraud network centered in Eastern Europe on October 14. The operation shut down 241 websites related to crypto fraud and seized 112 servers controlled by the network. The scheme defrauded American victims of

According to Ledger, on October 13 the company expanded a sales suspension to resellers and distributors across Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia and Hong Kong after discovering unauthorized hardware implants in devices that entered the retail supply chain. Ledger's

According to GlobeNewswire, SkyAI (Nasdaq: SKYA) shareholder Bastion Trading, holding approximately 9.99% of the company's shares, refused to participate in the company's cash tender offer yesterday, accusing SkyAI of secretly selling roughly 70% of its SOL treasury reserve (declining from over 2

According to FinanceFeeds, the U.S. Supreme Court extended the federal government's response deadline to November 16 on October 13 regarding Sam Bankman-Fried's petition challenging his FTX fraud conviction and $11.02 billion forfeiture judgment. Bankman-Fried filed the certiorari petition on

Richard Heart, founder of the Hex cryptocurrency, was detained Wednesday morning in Istanbul by Turkish police and Turkey's National Intelligence Organization (MIT) acting on an Interpol Red Notice, Turkish media reported. Finland requested the notice in 2024 on a charge of aggravated tax fraud, and

Sahil Arora, a crypto promoter known for celebrity meme coin launches in 2024, launched a Floyd Mayweather-linked token on Solana trading platform Fomo, with Mayweather's social media accounts promoting it on Monday before deleting the posts. The token peaked at a $1 million market cap on

According to Bitcoin.com News, citing Turkish media Sözcü, HEX and PulseChain founder Richard Heart was detained in Istanbul on October 14 during a joint operation by Turkey's National Intelligence Organization (MİT) and police. Authorities seized approximately $4 million in cash, 53 Rolex

The security service of the Ulyanovsk Automobile Plant discovered cryptocurrency mining equipment in the basement of its subsidiary, UAZ Autocomponent, on October 14. The mining devices were operating in a production building on Moskovskoye Highway in Ulyanovsk. The damage from drawing electricity without a meter is estimated at more than 1 million rubles. According to the local outlet Uralpressa, late last week, police in the Urals detained several people on suspicion of stealing bicycles. Duri

According to Bloomberg, Brooklyn prosecutors shut down 241 cryptocurrency scam websites and seized 112 servers operated by a transnational fraud ring targeting U.S. users. The network, centered in Eastern Europe, defrauded victims of tens of millions of

India's Income Tax Department has launched investigations into over 400 traders accused of failing to declare cryptocurrency gains between 2022 and 2025. The Central Board of Direct Taxes (CBDT) has reportedly asked these individuals to submit detailed reports by October 17, as Crypto Tax in India e

Coins.ph denied reports on October 14 that its license to operate in the Philippines could be revoked over suspected transactions involving offshore gambling operators. The exchange stated customer funds remain safe and it continues to operate under authorization from the Bangko Sentral ng

According to Cointelegraph, Coins.ph said on Wednesday it remains licensed by the Philippine central bank following reports of potential license revocation over alleged transactions involving offshore gambling operators. The crypto exchange, which recorded approximately $52 million in 24-hour spot t

Former FTX CEO Sam Bankman-Fried is pursuing a US Supreme Court appeal after his 2023 conviction and a Second Circuit court rejection in 2026. Jeffrey Fisher, counsel at Hecker Fink LLP representing Bankman-Fried, told Cointelegraph the former executive seeks Supreme Court review while also pursuing

According to Jeffrey Fisher, Sam Bankman-Fried's counsel at law firm Hecker Fink LLP, the former FTX CEO filed a petition for Supreme Court review on November 16, the extended deadline for the US government to respond. The Supreme Court will decide whether to accept SBF's case in late 2026 or

According to PANews, on October 14, blockchain associations including the Blockchain Association and Crypto Innovation Committee filed a joint motion with Sangamon County Circuit Court seeking to accelerate litigation over Illinois's Digital Asset Tax Law. The Illinois state government agreed to