Enforcement Actions

According to News.bitcoin, South Korea's Financial Supervisory Service (FSS) has launched a real-time artificial intelligence platform designed to detect cryptocurrency price manipulation. The system identifies short-term price manipulation tactics by referencing a historical database of known

The United Kingdom's tax agency HM Revenue and Customs sent 81,000 crypto tax warning letters during the past 12 months, according to figures obtained Aug. 20 by accountancy group UHY Hacker Young through a Freedom of Information request. The total increased 25% from approximately 65,000 letters in

According to ChainCatcher, the UK's Her Majesty's Revenue and Customs (HMRC) issued 81,000 warning letters to crypto investors suspected of tax evasion over the past 12 months, up 25% from approximately 65,000 in the prior year. The letters aim to prompt recipients to disclose unpaid taxes before HM

According to BitMart's official statement on August 22, the exchange is launching a potential restructuring plan and has appointed WKL Law Firm as its legal advisor to evaluate phased business recovery options, with further updates promised by September 9. The plan aims to serve as an alternative to

According to the Associated Press, Cambodia's anti-narcotics police and the U.S. Drug Enforcement Administration on Friday dismantled a cryptocurrency laundering network linked to Mexico's Sinaloa cartel, seizing approximately $7 million in related crypto assets. The joint operation also resulted in

South Korea's Financial Supervisory Service launched a real-time artificial intelligence-powered market surveillance system on Aug. 20 to detect price manipulation across cryptocurrency markets. The platform combines generative AI with machine-learning algorithms to monitor thousands of digital

According to CoinDesk, on August 22, the Cryptocurrency Innovation Council (CCI) and Blockchain Association filed suit in Sangamon County, Illinois, challenging the state's newly enacted 0.2% tax on digital asset transactions and custody services. The plaintiffs contend the tax violates the U.S.

According to South Korea's Financial Supervisory Service (FSS), the regulator deployed an AI real-time monitoring platform on August 20 to detect unfair trading practices and price manipulation in the crypto market. The system uses generative AI and machine learning to track patterns including

The Crypto Innovation Council and Blockchain Association have filed a lawsuit challenging Illinois' new digital asset tax, arguing it violates the U.S. Constitution and discriminates against digital assets. The 0.2% tax on digital asset transactions is projected to generate $60 million in state

Coinkite released security firmware updates for its Coldcard Bitcoin hardware wallets on Thursday following a seed-generation flaw that enabled attackers to steal more than $130 million in Bitcoin. The company urged Coldcard Mk4, Mk5, and Q users to upgrade to firmware 5.6.1 or 1.5.1Q after a

On Tuesday, the US District Court for the Southern District of New York entered consent orders from the US Commodity Futures Trading Commission imposing five-year trading bans on former Alameda Research CEO Caroline Ellison and FTX co-founder Zixiao "Gary" Wang related to their roles in the crypto e

On Tuesday, the US District Court for the Southern District of New York (SDNY) entered consent orders imposing five-year trading bans on former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang, according to the US Commodity Futures Trading Commission (CFTC). Ellison also received a

U.S. District Judge James Donato ruled Thursday that Justin Sun's personal claims against World Liberty Financial will remain in open court, rejecting the Trump family venture's motion to compel arbitration on the individual claims. The ruling addresses a dispute over roughly $45 million in frozen W

On August 20, U.S. District Judge James Donato ruled that Justin Sun's personal claims against World Liberty Financial over approximately $45 million in frozen tokens remain in open court, rejecting the Trump family venture's bid to compel arbitration. Claims from Sun's two BVI entities, Blue