Enforcement Actions

Taj Tarsha, founder and sole equity owner of NFT marketplace Few and Far, has been charged with securities fraud and wire fraud by federal prosecutors in the Southern District of New York. Authorities allege Tarsha raised $10 million from 67 investors by selling 95 million FAR coins, promising

According to Hong Kong police on August 6, the "Fun Coffee" cryptocurrency fraud scheme has resulted in 255 reports and total losses of approximately HKD 104 million as of August 5, an increase of 30 cases from earlier disclosures. Macau authorities also arrested two women in connection with nine ca

According to Foresight News, Flash Rescue co-founder Darcy revealed that analysis of 2,955 Tether freeze events on Ethereum and TRON uncovered significant asset movements preceding actual enforcement. Sixty high-risk addresses transferred their entire holdings before freezes took effect, totaling

According to federal judge Robert J. Shelby's recent ruling, the court dismissed Kalshi's federal protection claims and upheld Utah's application of anti-gambling laws to sports event contracts. The judge ruled that the Commodity Exchange Act does not prevent Utah from applying anti-gambling

Attackers linked to the Coldcard wallet vulnerability have begun moving stolen Bitcoin through a cryptocurrency mixer, though the majority of stolen funds remain unmoved. The largest known attacker still controls approximately 1,159 BTC distributed across seven addresses, while investigators

Fraudsters are impersonating financial regulators and crypto businesses to target customers of crypto service providers that failed to secure European Union licenses after the July 1 deadline, according to officials cited by the Financial Times. The scams increased following the Markets in

According to Financial Times, scammers are impersonating regulatory bodies and crypto exchanges to deceive users after the European Union's MiCA compliance deadline on July 1. The fraudsters target users forced to withdraw assets from unlicensed platforms, tricking them into transferring funds to

According to People's Procuratorate Daily (as reported by ChainCatcher), a Shenzhen employee was sentenced to three years and three months in prison, plus a 10,000 yuan fine, for attempted extortion. The employee had stolen company research and development materials, impersonated an overseas

Shaw Walters, founder of Eliza Labs, declared the ELIZAOS token 'completely dead' in an Aug. 4 post on X, following an Aug. 4, 2026 settlement with Burwick Law. The settlement emptied the project's remaining treasury, leaving no funds for buybacks or token support, Walters stated. The ELIZAOS token

Shaw Walters announced on Aug. 4 that the ELIZAOS token is dead and the foundation is winding down, according to his X post. The announcement comes after a federal class-action lawsuit filed by Burwick Law forced the foundation to surrender its remaining treasury in settlement rather than continue a

Nikita Bier announced on Aug. 5 that he had officially stepped down after 400 days as head of product at X (formerly Twitter) and would transition to an advisory role. Key controversies during his tenure included the EU fining X €120 million under the Digital Services Act (DSA) in December 2025 and multiple crypto traders accusing him of restricting cryptocurrency-related posts. Nikita Bier’s Key Product Achievements at X The key products launched by Bier during his tenure at X, from July 2025 t

Open-source AI agent framework ElizaOS founder Shaw Walters announced that the ELIZAOS token is “completely dead” and that the Eliza Foundation will cease operations. The foundation has used its remaining treasury and available funds to settle a class-action lawsuit brought by token holders represented by Burwick Law, leaving it without the capital to continue operating or supporting the token. Shaw Walters Announces the Token Is “Completely Dead” ElizaOS founder Shaw Walters announced that the

CNBC reported on August 5 that Democratic Senator Elizabeth Warren had sent a letter to the Commerce Department demanding an explanation for why the department eased AI chip export controls on the UAE, arguing that the timing was “too coincidental” given the UAE’s two major investments in the Trump family-linked crypto project World Liberty Financial (WLFI). The UAE’s Two Investments and Their Links to the Trump Family’s Crypto Business The two transactions Warren identified in her letter direct

The U.S. Attorney’s Office for the Southern District of New York indicted Taj Tarsha, founder of NFT startup Few and Far, in August on charges including securities fraud and wire fraud. The indictment alleges that Tarsha raised more than $10 million from at least 67 investors through the sale of Simple Agreements for Future Tokens (SAFTs) and misappropriated the funds for personal use. Indictment Alleges Funds Were Misappropriated for Online Casinos, Crypto Speculation, and a Miami Home Purchase

The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission released joint guidance on March 17, 2026, classifying 16 crypto tokens as digital commodities under a new five-category framework. The guidance marked the first time both agencies publicly agreed on which crypto as

On August 5, 2026, Shaw Walters, founder of Eliza Labs, declared the ElizaOS token "completely" dead and confirmed the foundation is winding down after settling a class-action lawsuit filed by Burwick Law in U.S. District Court for the Southern District of New York. The remaining treasury was

According to the U.S. Attorney's Office for the Southern District of New York, on Wednesday, Taj Tarsha, 34-year-old founder of NFT marketplace Few and Far, was indicted for securities fraud and wire fraud. Prosecutors allege he raised more than $10 million from at least 67 investors through token s