Enforcement Actions

Polish outlet Onet Wiadomości reported in May, with updated coverage on August 21, that Zondacrypto CEO Przemysław Kral was not the person who really controlled the exchange. Citing a source at Poland's National Prosecutor's Office, Onet identified Marian W., known as 'Maniek,' as the exchange's

According to Polish outlet Onet Wiadomości, updated on August 21, Zondacrypto CEO Przemysław Kral was identified as a front man rather than the true controller of the exchange. A source within Poland's National Prosecutor's Office told Onet that Marian W., known as "Maniek," was the exchange's

A small power plant in the UK was shut down for four days in July following a cyberattack linked to Iran, The Telegraph reported. The incident occurred around the time US authorities including the FBI warned about malicious cyber actors targeting water facilities across at least seven states. The

According to ChainCatcher, Hong Kong's Securities and Futures Commission (SFC) announced today it has listed "Kong Kong Coin" and "Kong Kong Fund" as suspicious digital token investment products. The digital token claims to represent equity interests in a fund investing in ancient artworks and

According to New York Times reporting, Polish crypto exchange Zondacrypto saw its parent company's license revoked by Estonia's Financial Intelligence Unit (FIU) on June 29, 2022. The exchange's founder, Sylwester Suszek, disappeared in March 2022. His successor, attorney Przemyslaw Kral,

According to Foresight News, Keeta Network CEO Ty issued a statement on August 23 following a recent security breach, stating that investigators have identified evidence to trace the attacker's identity, including IP addresses, VPN and VPS infrastructure details, email addresses, and software

According to Keeta Network CEO Ty, on Aug 23, the organization has collected substantial evidence identifying the attackers, including IP addresses, VPN and VPS infrastructure details, user agents, email addresses, and software service information. The CEO demanded the return of all stolen funds

According to CoinDesk, BitMart is considering a restructuring combining creditor distributions with a phased restart of operations, less than four weeks after announcing its closure. The exchange has appointed White & Case as restructuring counsel and expects to share a roadmap by September 9.

Coinkite released firmware versions 5.6.1 and 1.5.1Q for its Coldcard Mk4, Mk5, and Q Bitcoin hardware wallets on Thursday following a seed-generation flaw that enabled attackers to steal more than $130 million in Bitcoin. The vulnerability, dating to 2021, generated wallet seeds with insufficient r

Blockchain investigator ZachXBT ranked Canada as the worst jurisdiction globally for handling crypto crimes, citing systematic failures by local law enforcement to act on evidence and assist victims. ZachXBT published the ranking on his Telegram channel, placing the UK and India in second and

Blockchain investigator ZachXBT recently published a ranking of the worst jurisdictions for handling crypto crimes, naming Canada as the most problematic country for victims despite its first-world status. The United Kingdom ranks second and India third. ZachXBT cited instances where Canadian law e

Coinkite released new Coldcard firmware on Thursday after a seed-generation flaw dating to 2021 exposed users to more than $130 million in Bitcoin thefts. The company urged Coldcard Mk4, Mk5, and Q users to upgrade to firmware 5.6.1 or 1.5.1Q. The flaw reduced entropy from 128

The Blockchain Association and Crypto Council for Innovation filed a lawsuit on Aug. 21 in Sangamon County Circuit Court challenging Illinois' 0.2% digital asset tax scheduled to take effect Jan. 1. The complaint targets Illinois Department of Revenue Director David Harris, Attorney General Kwame

According to Bitcoin.com News, the Blockchain Association and Crypto Council for Innovation filed a lawsuit on Aug. 21 in Sangamon County Circuit Court to block Illinois' proposed 0.2% digital asset tax. The tax, set to take effect on Jan. 1, 2027, would apply to trades, transfers, and custody

According to BitMart's announcement, the crypto exchange is considering a restructuring plan that combines creditor distributions with phased resumption of certain operations, less than four weeks after announcing its intended shutdown on July 26. The exchange appointed White & Case as restructuring

According to PANews, the Hong Kong Securities and Futures Commission announced on August 22 that it has listed Kong Coins and Kong Fund as suspicious digital token-related investment products. The fund, which the Kong Coins purport to represent stakes in, claims to invest in ancient art and

According to ChainCatcher, Tron founder Justin Sun recently filed a lawsuit against World Liberty Financial, claiming the protocol secretly embedded the ability to freeze user assets without disclosure, governance, or procedural safeguards. The dispute involves $45 million and 4 billion tokens, with

According to News.bitcoin, South Korea's Financial Supervisory Service (FSS) has launched a real-time artificial intelligence platform designed to detect cryptocurrency price manipulation. The system identifies short-term price manipulation tactics by referencing a historical database of known