Enforcement Actions

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,

According to BlockBeats, Shandong police on October 14 reported a case where a digital wallet containing 1,300 USDC and NFT assets worth tens of thousands of yuan was stolen. Police conducted on-chain transaction analysis to trace the funds and identified suspect Chen, a 30-year-old from Fengyang

According to Puyuan News and Tianjin's Second Intermediate People's Court, the court accepted on September 28 a prosecution application to confiscate assets from Qian Zhimin, who is suspected of fundraising fraud involving over 40 billion yuan. The assets include 618,000+ Bitcoin and other

According to Chinapex News, Tianjin Second Intermediate People's Court accepted on October 13 the prosecution's application to seize assets from Qian Zhimin, who is accused of a fraud scheme involving over 40 billion yuan. The court's seizure list includes 61,800+ Bitcoin, 72,745.80 Bitcoin

According to two people familiar with the matter who spoke to CoinDesk, the Philippines’ largest cryptocurrency exchange, Coins.ph, is facing disciplinary action from the Bangko Sentral ng Pilipinas (BSP), the Philippine central bank, reportedly for processing transactions on behalf of restricted offshore online gambling companies. The sources said the matter is serious enough that the 12-year-old company could lose its operating license. BSP Restricted DCPay Deposit Channels in Early October; M

According to an October 14 report, the final rule adopted by the U.S. SEC and effective October 2 (Rule 34-106537) is intended to “promote flexibility and decisiveness in agency rulemaking.” In most cases, the new rule lowers the quorum requirement: when only two commissioners are present, a single commissioner can constitute a quorum and adopt formal rules. On the same day the rule took effect, SEC Commissioner Hester Peirce officially departed. New SEC Rule: One of Two Commissioners Present Ca

According to ChainCatcher, reporting SolanaFloor, a TOKEN2049 participant has submitted a police report to Singapore authorities regarding a cybersecurity event called "Don't Get Played" held during the conference. The organizers, reportedly affiliated with Apex Accelerator and Stone Venture, have b

When a cryptocurrency exchange gets blocked in India, Crypto Tax in India obligations do not automatically disappear for affected investors. On September 9, 2026, the Financial Intelligence Unit of India (FIU-IND) served non-compliance notices to 15 platforms dealing with virtual digital assets,

The US Securities and Exchange Commission and the Commodity Futures Trading Commission are advancing crypto regulation with only three commissioners in place across both agencies, Cointelegraph reported on Oct. 13. The SEC currently has two commissioners — Chairman Paul Atkins and Mark Uyeda —

According to CoinDesk, Coins.ph, a Philippine cryptocurrency exchange, faces regulatory penalties from the Philippine central bank (BSP) on October 14, with the platform potentially risking license revocation due to alleged violations involving processing transactions for restricted offshore

The National Crime Agency (NCA) has initiated a crackdown on West African scam networks through collaboration with blockchain analysis company Chainalysis and other law enforcement and tech companies. The operation has led to the identification of hundreds of unique scammer identifiers and the

According to Chainalysis, the National Crime Agency (NCA) has recently seized over $10 million and identified hundreds of unique scammer identifiers in a significant crackdown on West African scam networks. The operation was conducted in collaboration with law enforcement and tech companies,