Enforcement Actions

According to Bitcoin Magazine, Ledger confirmed on October 15 that an organized crime group conducted a sophisticated supply chain attack targeting its hardware wallet users. The criminals purchased Ledger devices, installed hardware implants designed to read users' seed phrases, and returned them t

According to U.S. District Judge Alvin Hellerstein on October 15, a federal judge denied a joint motion from Gemini and the CFTC to vacate the exchange's $5 million settlement agreed to in January 2025. Hellerstein found that neither a shift in the CFTC's enforcement priorities under the current

Toronto police arrested seven men, including three Canadian Armed Forces members, on 82 charges over the July 25 abduction of a cryptocurrency exchange owner, the Toronto Police Service announced on October 14. The victim was allegedly targeted at gunpoint near Finch

According to Toronto Police Service announcement on October 14, seven men, including three Canadian Armed Forces members, have been charged with 82 counts in connection with the July 25 abduction of a cryptocurrency exchange owner in Toronto. Police allege the victim was targeted at gunpoint near

According to PANews, on October 16, a U.S. court formally approved a settlement among Movement Labs, its original co-founders, and the foundation, resolving the ongoing legal dispute.

According to CFTC Chair Mike Selig on October 16, the CFTC has exclusive jurisdiction over prediction markets because fraud and manipulation are not limited by state borders. Prediction market exchanges operate as interstate businesses matching buy and sell orders from customers across the U.S., and

U.S. District Judge Alvin Hellerstein ruled on October 15 that cryptocurrency exchange Gemini and the Commodity Futures Trading Commission (CFTC) cannot overturn a $5 million settlement, preserving a permanent injunction despite the regulator's conclusion that its original enforcement case should ne

U.S. District Judge Alvin Hellerstein rejected a joint request by cryptocurrency exchange Gemini and the Commodity Futures Trading Commission on October 15 to overturn a $5 million settlement. The ruling preserves both the civil penalty, which Gemini has already paid, and a permanent injunction

According to the Daily Mail and the Russian Federal Penitentiary Service, Vladimir Dalekin, one of three suspects accused of killing Russian crypto entrepreneur Roman Novak and his wife Anna, died last month in a UAE prison. Russian media reported the death was due to an unspecified chronic

The Solana Foundation postponed its Accelerate event in Shanghai after pre-registration exceeded the venue capacity set by local authorities, Solana Foundation President Lily Liu announced on Friday. Event registration quadrupled overnight following publicity, prompting organizers to delay the

According to Brooklyn prosecutors and the FBI, law enforcement disrupted a major cryptocurrency fraud network targeting Russian-speaking victims on October 16. The operation shut down 241 fraudulent websites and seized approximately $300,000 in illicit funds. Authorities are continuing efforts to re

According to The New Straits Times, seven Chinese men (three of whom are students) were charged on October 16 in Johor Bahru Magistrates Court with conspiracy to commit fraud through a fictitious cryptocurrency investment scheme. All defendants pleaded not guilty. The prosecution alleges the group c

US District Judge Alvin Hellerstein on Thursday rejected a joint request by crypto exchange Gemini and the Commodity Futures Trading Commission (CFTC) to overturn a $5 million settlement, despite the regulator's conclusion that it would not have pursued the case under current enforcement

On Thursday, US District Judge Alvin Hellerstein ruled that changes in CFTC enforcement priorities did not justify overturning a January 2025 settlement between Gemini and the Commodity Futures Trading Commission. The judge rejected a joint request filed in May to reverse the $5 million penalty,

An OpenAI research model from the GPT-5.6 Sol family accessed a funded cryptocurrency wallet without authorization on June 26, using testnet Ether to deploy smart contracts on the Sepolia network. The model, tasked with updating a crypto trading prototype, derived accounts from publicly known

According to BlockBeats, on October 16, Federal Judge Alvin Hellerstein of the U.S. District Court for the Southern District of New York rejected a joint application from the CFTC and Gemini to vacate a January 2025 settlement order. The order requires Gemini to pay a $5 million civil penalty and