Enforcement Actions

According to South Korean news outlet Newsis, the Seoul Southern District Court sentenced Delio CEO Jeong Sang-ho to 15 years in prison on Thursday after he was found guilty of defrauding users of approximately $49.3 million in cryptocurrency through false claims and use of an unlicensed trading

According to a notice issued Thursday, the U.S. Commodity Futures Trading Commission (CFTC) will hold a meeting for its Innovation Advisory Committee on Aug. 20 to discuss cryptocurrency regulation, as well as AI and prediction markets. The agenda will include "areas where regulatory action can

Arizona Attorney General Kris Mayes announced that 35 cryptocurrency ATM scam victims recovered a combined $171,332 under House Bill 2387, which took effect Sept. 26th, 2025. The state law requires certain crypto kiosk operators to reimburse eligible customers who were fraudulently induced into

According to Arizona Attorney General Kris Mayes, 35 cryptocurrency ATM scam victims in the state recovered a combined $171,332 under House Bill 2387, which took effect September 26, 2025. The law requires crypto ATM operators to refund eligible customers who were defrauded into making

The Blockchain Association filed an amicus brief on Wednesday supporting Custodia Bank's petition for Supreme Court review of a Federal Reserve decision. Custodia is challenging an appeals court ruling that upheld the Fed's denial of its master account application, which would allow the

On Wednesday, the Blockchain Association filed an amicus brief supporting Custodia Bank's petition for Supreme Court review of the Federal Reserve's denial of its master account application. Custodia, a Wyoming-based crypto bank providing custody and payments services, has been seeking a master acco

Hawaii Governor Josh Green signed Act 224 on July 9, making it unlawful to operate a crypto kiosk that accepts U.S. currency in exchange for digital assets starting October 1. The measure targets scam transactions, with investigations by the attorneys general of Washington, DC and Iowa finding

According to Act 224 signed by Hawaii Governor Josh Green on July 9, the state will ban crypto ATM operators from accepting cash deposits for digital assets starting October 1. Operators may still exchange crypto for U.S. currency or swap one digital asset for another. The law targets scams, with in

Delio CEO Jeong Sang-ho received a 15-year prison sentence from the Seoul Southern District Court on Aug. 13 for embezzling about 70 billion won, or $49.2 million, in customer crypto assets and submitting false documents during the company's registration as a virtual asset service provider. The

According to regional reports, the Seoul Southern District Court sentenced Delio CEO Jeong Sang-ho to 15 years on Aug. 13 for embezzling approximately 70 billion won, or $49.2 million, in customer cryptocurrency assets. The court also convicted him of submitting false documents when registering Deli

According to Bitcoin News, HIVE Digital Technologies did not file its Form 10-Q for the period ending June 30 with the U.S. Securities and Exchange Commission on schedule. The delay stems from accounting and disclosure matters related to a disputed Swedish value-added tax

According to Guizhou Chang'an Net, in April 2026, a man surnamed Zhao was sentenced to seven months in prison and fined 5,000 yuan for defrauding a friend through a fraudulent cryptocurrency airdrop scheme. Zhao had tricked his acquaintance into sending 1,757 USD in Ethereum to a personal wallet

According to Newsis, Seoul Southern District Court on August 13 sentenced Delio CEO Jeong Sang-ho to 15 years in prison for defrauding customers of roughly 70 billion Korean won ($49.2 million) in cryptocurrency assets. The court found Jeong guilty on most charges of embezzlement and using false