Enforcement Actions

The U.S. SEC and CFTC separately filed civil lawsuits against Goliath Ventures and its founder, Christopher Delgado, on Aug. 12, alleging that they operated a cryptocurrency Ponzi scheme that raised approximately $400 million. Delgado has already pleaded guilty to conspiracy to commit wire fraud, wire fraud, and money laundering, and has agreed to a phased SEC settlement. SEC Core Allegations: $425 Million and a Liquidity Pool Fraud Scheme (Source: SEC) According to the SEC’s lawsuit, Goliath pr

On July 31, 2026, New York Attorney General Letitia James and Governor Kathy Hochul filed a lawsuit against KalshiEX LLC, alleging the prediction market platform operates as an unlicensed gambling business in the state. The Commodity Futures Trading Commission responded by filing an emergency

According to the CFTC, on July 31, 2026, the commission filed an emergency motion for a temporary restraining order in federal court to block New York's enforcement actions against KalshiEX, the prediction market platform. This followed New York Attorney General Letitia James and Governor Kathy

According to Foresight News, the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have filed civil suits against Goliath Ventures and founder Christopher Delgado for operating an alleged multi-year Ponzi scheme that raised at least $425 million from

According to Bitcoin.com News, a federal judge in Connecticut ruled that Kalshi's sports event contracts do not fall under swaps as defined by the Commodity Exchange Act, meaning the CFTC does not have exclusive jurisdiction. Judge Vernon D. Oliver stated that sports event results constitute event o

According to Bloomberg reported Tuesday, the Securities and Exchange Commission will hold an open meeting Friday to introduce a tailored offering regime for certain investment contracts involving crypto assets. Separately, Commodities and Futures Trading Commission Chairman Michael Selig stated the

According to the CFTC, the agency charged Goliath Ventures Inc. and CEO Christopher Delgado on August 11 with operating a Ponzi scheme that misappropriated at least $397 million from approximately 1,600 customers. The complaint, filed in U.S. District Court for the Middle District of Florida,

The Federal Security Service (FSB) and the Ministry of Internal Affairs (MVD) recently raided unregistered cryptocurrency exchange offices in Moscow City, detaining over 20 employees and disrupting nine foreign-coordinated cryptocurrency channels allegedly used to funnel stolen funds abroad.

According to an FSB statement, Russian authorities recently dismantled a cryptocurrency fraud network operating out of Moscow City, detaining over 20 employees from unregistered crypto exchanges. The joint operation by the Federal Security Service and the Ministry of Internal Affairs disrupted

According to Wushuoqqu, the CFTC invoked emergency authority on August 11 to require regulated prediction market exchange KalshiEX to continue operating under core principles of the Commodity Exchange Act, responding to reported market emergencies. This follows New York Attorney General Letitia

According to filings, claims against Radiant World assets have doubled since 2025.

The Commodity Futures Trading Commission filed a complaint on Tuesday in a Florida U.S. District court charging Christopher Delgado and his company Goliath Ventures Inc. with operating a $397 million crypto Ponzi scheme, alleging they misappropriated $48 million of customer funds for personal

According to CFTC, the agency filed charges against Goliath Ventures Inc. and CEO Christopher Delgado for conducting a Ponzi scheme using Bitcoin and Ethereum trading as cover. Approximately 1,600 customers invested at least $397 million, with all funds allegedly misappropriated to pay fake

According to RUSI (Royal United Services Institute), North Korea has laundered at least $2.8 billion in stolen cryptocurrency through fraud rings and organized crime networks between January 2024 and September 2025. The report notes that portions of the stolen funds are resold at discounts through t

North Korean state-linked hacking group Kimsuky is building local artificial intelligence environments that South Korean cybersecurity firm Genians says could improve phishing campaigns, malware development and attack automation. The group configured local large language model environments using

Daryl F. Heller pleaded guilty to securities fraud on August 10 after diverting ATM investment funds to earlier investors and personal expenses. The 56-year-old Pennsylvania resident raised approximately $770 million between 2017 and 2024 through entities including Paramount Management Group, Heller

According to the U.S. Attorney's Office for the Eastern District of Pennsylvania, Daryl F. Heller pleaded guilty to securities fraud on August 10, 2026. The 56-year-old Pennsylvania resident raised approximately $770 million between 2017 and 2024 through Prestige and WF Velocity ATM Funds, which