Enforcement Actions

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

Three Missouri men—Sedric Louis, John Davis and Martel Williams—have been charged with conspiracy to interfere with commerce by robbery after allegedly planning to invade a Connecticut home between Aug. 21 and Aug. 24, 2024 to force a cryptocurrency holder to transfer stolen Bitcoin. Federal

Federal prosecutors charged three Missouri men with conspiracy to commit Hobbs Act robbery on May 22, 2026, after a federal grand jury returned a superseding indictment. Sedric Louis, John Davis and Martel Williams face allegations that they conspired to invade a Connecticut home, force a

Taj Tarsha, the 34-year-old Miami-based founder of NFT startup Few and Far, was indicted by the US Attorney's Office for the Southern District of New York on one count of securities fraud and one count of wire fraud. The charges, announced Wednesday, accuse Tarsha of stealing more than $10 million r

Shaw Walters, founder of Eliza Labs, announced Tuesday on X that the Eliza token is 'dead' and the Eliza Foundation is shutting down. The announcement followed a class-action lawsuit settlement with token holders represented by Burwick Law that exhausted the project's remaining treasury funds. The d

According to the U.S. Department of Justice, Few and Far founder Taj Tarsha was charged with securities and wire fraud for allegedly defrauding investors of over $10 million through false representations and misappropriating funds for personal use. Tarsha raised over $10 million from at least 67 in

According to Bitcoin News, Boltz updated its PGP-signed warrant canary on August 5, a transparency measure used by privacy-focused companies to publicly confirm they have not received secret government orders to disclose user data. The tool had lapsed on July 30 despite the company's commitment to u

According to Los Angeles Times, former LAPD officer Eric Halem was sentenced to life in prison plus 15 years on Tuesday for a crypto robbery in which he kidnapped a 17-year-old and stole a hard drive holding $350,000 in bitcoin during a December 2024 home invasion in Koreatown. Judge Mildred

According to Odaily, Eric Halem, a former Los Angeles Police Department officer, was sentenced to life imprisonment plus 15 years for an armed robbery involving $350,000 in cryptocurrency. The theft occurred on December 28, 2024, when Halem and three other men entered an apartment in Koreatown,