Enforcement Actions

BlockTower Capital founder Ari Paul accused Coinbase on September 28, 2026 of losing $25 million of his firm's funds and covering up over $1 billion in hacks affecting at least a dozen firms. Paul stated the funds were lost "a couple years ago" and that Coinbase "still wouldn't return our money,"

U.S. Senate investigators found that 87% of cryptocurrency wallets tied to Iran's terrorist financing primarily transacted in Tether's USDT stablecoin, according to a report published on September 29. Senator Richard Blumenthal, the top Democrat on the U.S. Senate Permanent Subcommittee on

According to Bloomberg, on September 29, Adam Back's Bitcoin ventures encountered significant difficulties. BSTR Holdings' planned merger with Cantor Fitzgerald's SPAC was terminated, requiring BSTR to pay a $15 million breakup fee. Additionally, Blockstream's Liquid Network sidechain suffered a

Eric Chase Saavedra, 42, a former Los Angeles County Sheriff's Department deputy, was sentenced Monday to 21 months in federal prison after pleading guilty to conspiracy against rights and making and subscribing to a false tax return. US District Judge Percy Anderson also ordered him to

According to federal court proceedings, on Monday, Eric Saavedra, a 42-year-old former Los Angeles County Sheriff's Department deputy, was sentenced to 21 months in federal prison and ordered to pay $90,984 in restitution to the IRS. Saavedra pleaded guilty to conspiracy against rights and filing a

According to Protos, on September 28, a Compound community member accused the Compound Foundation of misappropriating 8.42 million DAI to purchase 344,780 COMP tokens, which were delegated to the foundation's voting address and used to vote on two proposals. The foundation responded in a

According to CBC News, Aiden Pleterski, 27, will represent himself at his fraud and money laundering trial starting Monday after an Ontario judge refused to delay the proceedings. Justice Shaun Nakatsuru denied Pleterski's adjournment application, leaving him without counsel for the four-week jury t

According to the FCA statement, Southwark Crown Court ordered Raymondip Bedi and Patrick Mavanga to pay a combined £851,402.27 on September 28, 2026. Bedi was ordered to pay £603,404.28 and Mavanga £247,997.99 following their convictions for crypto investment fraud. The confiscation orders

SEC Commissioner Hester Peirce submitted her resignation from the agency, effective October 2, 2026, ending nearly nine years on the commission. During her tenure, crypto insiders nicknamed her 'Crypto Mom' for pushing clearer digital-asset rules. Her exit comes as the CLARITY Act remains stalled in

SEC Commissioner Hester Peirce announced her resignation effective October 2, 2026, ending nearly nine years on the commission. Known as "Crypto Mom" for advocating clearer digital-asset rules, Peirce's departure removes a key pro-innovation voice from the agency as the CLARITY Act remains stalled i

NEAR Intents blocked attempts to move more than $50 million in assets stolen from Bitget and froze approximately $503,000 that entered its infrastructure. The intervention followed the September 24 attack on Bitget, which the exchange estimates affected $387.5 million in assets across multiple block

South Korea's Ministry of Justice announced prosecutor personnel changes on the 29th, effective October 2, ahead of the Public Prosecution Office launch. The Virtual Asset Crime Joint Investigation Department will be reorganized into the Serious Crime Prosecution Division 3, with prosecutor Kim

According to the Ministry of Justice announcement on Sept. 29, South Korea's prosecutorial system underwent reorganization effective Oct. 2, with the Virtual Asset Crime Joint Investigation Division restructured into the Major Crimes Prosecution Division 3. The former Virtual Asset Crime Joint Inves

According to The Block, former Los Angeles County Sheriff's Deputy Eric Saavedra was sentenced today to 21 months in prison for using law enforcement databases to assist a cryptocurrency merchant's extortion scheme. He was also ordered to pay $90,984 in restitution for concealing $373,146 in

According to Lawmaker Park Soo-young, South Korea's Customs Service detected 12.14 trillion won in illegal digital asset exchange (cryptocurrency laundering) cases between 2018 and July 2026, accounting for 91 incidents. Digital assets represent 51% of total detected money laundering cases by

According to Chainflip security researcher at Slow Mist, on September 29, Chainflip bridge is actively blocking North Korean hackers' money laundering attempts, but its anti-money laundering and chain transaction tracking (AML/KYT) capabilities lag behind the speed of money laundering operations,

California Governor Gavin Newsom signed a law banning public officials from promoting memecoins that use a public official's likeness or image. Newsom said the law aims to combat corruption by public officials, protect consumers, and hold crypto fraudsters accountable. The legislation was

California Governor Gavin Newsom signed a law on September 27 banning public officials from promoting memecoins that use a public official's likeness or image. The law aims to combat corruption by public officials, protect consumers, and hold crypto fraudsters accountable, according to Newsom's offi

Stablecoin issuer Tether froze nearly $550 million in Iran-linked USDT during 2026, working closely with international law enforcement on sanctions enforcement. The company disclosed the figure on Monday as Democratic investigators on the Senate Permanent Subcommittee on Investigations released a re

According to Tether's statement on Monday, the company froze nearly $550 million in Iran-linked USDT during 2026. The stablecoin issuer said it froze more than $130 million across four wallets this year and an additional $344 million linked to Iran's Central Bank in April, working with