Enforcement Actions

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

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

According to fsckorea's official announcement, the Financial Commission of Korea recently blocked access to 27 websites operated by illegal virtual asset operators. The enforcement action aims to protect users from fraudulent activities and enhance regulatory oversight in the sector. Currently,

According to CoinDesk on October 13, the Philippines' Bangko Sentral ng Pilipinas (BSP) is considering punitive action against Coins.ph, one of the country's largest cryptocurrency exchanges, over allegations that its services were used to facilitate transactions involving restricted offshore

Mr Justice Turner ruled on Monday that Chinese law will govern claims by victims of Zhimin Qian's investment schemes to more than 61,000 seized Bitcoin. The High Court judge's decision addresses which legal system applies to victims seeking recovery under section 281 of the Proceeds of Crime

Mr Justice Turner ruled on Monday that Chinese law will govern victims' claims to more than 61,000 Bitcoin seized from Zhimin Qian, a financier convicted of running Ponzi schemes in China. Claimants must demonstrate a proprietary interest under the Proceeds of Crime Act; a creditor's claim for

According to Cryptoast, on October 11, a 47-year-old suspect involved in multiple cryptocurrency holder kidnappings and violent attacks was shot dead in a parking lot in Nimes, France. The suspect, identified as F. A., had 14 prior convictions for drug trafficking, assault, and unlawful detention.

Philippine cryptocurrency exchange Coins.ph issued a formal response on Oct. 14 addressing allegations related to offshore gambling transactions and potential sanctions by financial authorities. The statement followed discussions with the Bangko Sentral ng Pilipinas, or BSP, regarding offshore gambl

Coins.ph faces scrutiny from the Bangko Sentral ng Pilipinas over allegations that it facilitated transactions for restricted offshore gambling operators. The investigation centers on claims that the cryptocurrency exchange, which serves over 18 million registered users in the Philippines,