Enforcement Actions

Blockchain analytics company Chainalysis filed a lawsuit against the United States government on July 27 in the US Court of Federal Claims, challenging an Immigration and Customs Enforcement decision to award a sole-source contract to competitor TRM Labs. Chainalysis alleged the decision was

According to ChainCatcher, Chainalysis Government Solutions filed a lawsuit against the U.S. government at the U.S. Court of Federal Claims, alleging that the Department of Homeland Security (DHS) and Immigration and Customs Enforcement (ICE) bypassed normal competitive procedures and directly

Novig subsidiary Ludlow Exchange LLC filed a 45-page complaint in the U.S. District Court for the Western District of Wisconsin on Aug. 15, suing Wisconsin Attorney General Josh Kaul and state gambling administrator John Dillett. It also sought an expedited hearing on a preliminary injunction to prevent the state government from taking enforcement action against its sports event contracts, arguing that those contracts fall under the CFTC’s jurisdiction. Background of the Wisconsin Lawsuit: Five

According to CoinDesk, a Korean court this week sentenced a cryptocurrency platform operator to 15 years in prison for fraud involving approximately $50 million. The ruling is considered one of the longest prison sentences South Korea has imposed for crypto fraud to

Roman Storm, founder of Tornado Cash, called out Google and OpenAI as enablers following his August 2025 conviction for conspiracy to operate an unlicensed money transmitting business. Storm argued that the U.S. Department of Justice applied flawed logic in his case, pointing to North Korean IT

According to Roman Storm's social media posts, the Tornado Cash founder—convicted of conspiracy to operate an unlicensed money transmitting business in August 2025—has challenged the U.S. Department of Justice's legal reasoning by pointing to Google and OpenAI as enablers of North Korea's cyber oper

According to ChainCatcher, Hong Kong's Securities and Futures Commission published today a list of multiple websites impersonating the licensed virtual asset trading platform Hash Blockchain Limited. The fraudulent sites were reported by Hash Blockchain Limited itself. The SFC clarified that these w

According to reports, Hong Kong Police disclosed on August 16 that 20,613 fraud cases were recorded in the first half of 2026, resulting in total losses of approximately HKD 3.5 billion. Among these, investment fraud accounted for 2,151 cases with losses reaching HKD 1.66 billion. A single

According to Reuters, prediction market platform Kalshi disputed Nevada gaming regulators' $120,000 daily fine on August 16, accusing them of violating federal law. In April, a Nevada court issued a preliminary injunction barring Kalshi from offering contracts in the state without a gaming license a

According to reports, stablecoin company RedotPay delayed its U.S. IPO on August 14 due to legal issues. Details regarding the specific legal challenges were not disclosed.

According to Odaily, Hong Kong police arrested 17 individuals (14 men, 3 women) on August 14 during "Operation Lightning Strike," including 13 Malaysians and 4 local residents, and seized HK$3.67 million in cash believed to be criminal proceeds. The fraud ring recruited Malaysian nationals

According to Hong Kong Police data disclosed to Apple Daily on August 15, Hong Kong recorded 20,613 fraud cases in the first half of 2026, resulting in total losses of approximately HK$3.5 billion. Among these, 2,151 investment fraud cases caused losses of HK$1.66 billion. A single cryptocurrency in

According to Foresight News, daos.fun founder Shaw accused core member baoskee of insider trading on ai16z tokens. Shaw claims that baoskee, aware of an a16z request to rebrand the project to avoid trademark issues, sold approximately 42.18 million ai16z tokens from operational wallets despite

According to Crowdfund Insider and Arizona Attorney General Kris Mayes' office, the state has successfully recovered $171,332 in full refunds for 35 victims of cryptocurrency ATM fraud under the state's consumer protection law. The recoveries followed the implementation of Arizona's Cryptocurrency A