Enforcement Actions

According to Decrypt, Conduit filed a lawsuit against Tether in U.S. federal court in New York on October 7, alleging the stablecoin issuer froze $2.76 million USDT in its treasury wallet on September 24, 2025, and has refused to unfreeze it for over a year. Conduit claims the wallet was created

According to Bitcoin.com News, on October 2, U.S. District Judge Martha M. Pacold ruled that Illinois' sports betting licensing requirements may be preempted by federal law, temporarily blocking the state from enforcing them against Kalshi. The injunction prevents Illinois from requiring Kalshi to o

According to Circle's official X post on October 5, USDC welcomed DJ Khaled to "team USDC" in a photo showing the rapper in a Chelsea jersey branded with "USDC by Circle," drawing immediate backlash from Crypto Twitter. The criticism stems from Khaled's undisclosed promotion of Centra's CTR token in

According to ChainCatcher, Bitcoin early contributor and cypherpunk Amir Taaki was expelled from Singapore after being questioned by local police for six hours regarding his work. The British-Iranian programmer shared on X that over the past year alone, he has been expelled from Argentina and

According to FinanceFeeds, on October 5, Conduit Technology filed a lawsuit against Tether in the U.S. District Court for the Southern District of New York over approximately $2.76 million in USDT frozen in its corporate treasury wallet for more than a year. Conduit alleges Tether froze the funds

Justin Sun, the creator of TRON and crypto billionaire, posted on X yesterday stating that his exchange Poloniex is now 'the world's only exchange used solely by the boss himself.' The statement appeared to acknowledge that

According to Protos, Justin Sun admitted on X yesterday that his exchange Poloniex generates nearly $1 billion in trading volume through self-trading by himself. Sun stated that Poloniex is now "the world's only exchange used solely by the boss himself." Creating such volume typically requires

Cross-border payments firm Conduit filed a lawsuit against USDT issuer Tether in the Southern District of New York on Monday, alleging Tether froze $2.76 million of Conduit's funds and has refused to release them or provide an explanation for more than a year. The freeze allegedly stems from a

According to ChainCatcher, cross-border payments company Conduit filed a lawsuit against stablecoin issuer Tether in the U.S. District Court for the Southern District of New York, claiming that Tether froze $2.76 million in USDT without explanation or justification. The funds have been locked for

Circle, the issuer of $74 billion stablecoin USDC, shared a promotional photo of music producer DJ Khaled wearing the new USDC-sponsored Chelsea FC shirt, with CEO Jeremy Allaire posting welcome to team USDC. The promotion comes despite Khaled's history of undisclosed crypto project promotion,

According to Crowdfund Insider, on October 2, the Independent Community Bankers of America (ICBA) filed a lawsuit against the Office of the Comptroller of the Currency (OCC) in U.S. District Court for the District of Columbia, alleging that the OCC exceeded its statutory authority by loosening

Adam Iza, a 26-year-old cryptocurrency businessman known as "The Godfather," was sentenced to 78 months in federal prison for orchestrating a scheme that defrauded Meta Platforms of more than $37 million, according to FinanceFeeds. U.S. District Judge Percy Anderson also ordered Iza to pay $23.4 mil

Better Markets, a nonprofit financial reform advocacy group, criticized the Commodity Futures Trading Commission (CFTC) on October 5 for proposing a framework to oversee retail cryptocurrency transactions. The group argues the CFTC lacks the investor protection mandate held by the Securities and

According to Better Markets, on October 5 the CFTC sought public comment on a proposed framework for retail crypto transactions. The nonprofit financial reform advocacy group called the CFTC the wrong agency for the role, arguing retail investors would receive weaker protections than under SEC

According to ZachXBT, the blockchain investigator infiltrated a Chinese organized crime network on Oct. 5 that handled more than $1 billion in cryptocurrency linked to North Korean hacking group Lazarus, spending $349,700 of his own USDC to pose as a customer and gather intelligence on stolen fund m

Adam Iza, 26, was sentenced to 78 months in prison and ordered to pay $23,402,766 in restitution, the U.S. Attorney's Office for the Central District of California announced on October 5, 2026. Iza pleaded guilty in January 2025 to conspiracy against rights, wire fraud, and tax evasion, and has

According to the U.S. Attorney's Office for the Central District of California, Adam Iza, 26, was sentenced on October 5, 2026 to 78 months in prison for hiring off-duty Los Angeles sheriff's deputies to harass people he had disputes with, stealing over $37 million from Meta, and tax evasion. He was

Blockchain investigator ZachXBT infiltrated a Chinese organized crime network and gathered intelligence that helped facilitate asset freezes tied to the February 2025 Bybit hack, according to a detailed thread posted on X. ZachXBT alleged the syndicate laundered over $1 billion across multiple

According to ZachXBT, following the February 2025 Bybit hack, the blockchain investigator fronted 349,700 USDC to infiltrate a Chinese crime network laundering over $1 billion in stolen funds for North Korea's Lazarus Group. Posing as a client on Telegram and Discord, ZachXBT conducted multiple

According to Nikkei, on October 6, Japan's government decided to impose additional sanctions on Russia, freezing assets of 33 military-related entities and 9 individuals. The sanctions list includes groups utilizing cryptocurrency to evade financial sanctions. Japan also banned providing services—in