Enforcement Actions

South Korean cryptocurrency exchanges saw trading concentration among the top 10% of users reach 96% in the first half of 2026, according to data submitted by lawmaker Park Hong-bae's office from the Financial Supervisory Service. The concentration intensified as overall market trading volume

On September 27, on-chain analyst Wazz published an investigative report on X, revealing that a single team withdrew at least $18.43 million from Robinhood Chain by manipulating 53 memecoin launches over approximately two months. The core of the manipulation involved exploiting a legitimate mechanism on Pons V2: the platform allows creators to exempt up to 32 wallets from the snipe tax. How Pons V2’s Exemption Mechanism Became a Manipulation Tool: Creators Let Insider Wallets Instantly Clear the

Bitcoin (BTC) has retreated from last week's high and is currently trading at around $84,140. Strategy founder Michael Saylor proposed a “Digital Rights Charter,” advocating five freedoms for digital assets: creation, issuance, ownership, transfer, and use. The U.S. Court of Appeals for the Sixth Circuit unanimously ruled that Kalshi's sports contracts are not futures exchange contracts and that gambling laws in Ohio and Tennessee apply to prediction markets. Macroeconomic Events & Crypto Hotspo

According to China's Ministry of State Security, published on September 28, virtual currency's alleged anonymity is fundamentally a misconception. The ministry outlined that virtual currencies have become key tools for criminal activities including money laundering, covering cyberattacks, and

Korea Customs Service detected 20 trillion won in illegal foreign exchange transactions over a seven-year period from 2020 to July 2025, according to data submitted to the National Assembly's Finance and Economic Planning Committee. Democratic Party lawmaker Moon Jin-seok received the customs data s

According to South Korea's Customs Service data released by lawmaker Moon Jin-seok, illegal foreign exchange transactions detected over the past seven years have surpassed 20.1 trillion won, with detected cases reaching 128 as of July 2025 worth 4.9 trillion won. The amount rose from 652.5

Iran's Majlis Research Center released a report estimating that cryptocurrency mining operations consume between 930 and 1,200 megawatts of electricity, representing approximately 14% of Iran's power deficit during peak summer months and about 6% of the national electricity shortfall averaged

On September 27, on-chain analyst Wazz identified 53 token launches on Robinhood Chain orchestrated by the same syndicate, collectively draining at least $18.43 million from investors. The investigator traced 45 launches through direct fund flows, linked four through shared private keys, and identif

On-chain analyst Wazz uncovered a rug-pull scheme involving 53 Robinhood Chain token launches that extracted at least $18.43 million from investors over a two-month period. The investigation revealed 45 of these launches shared common funding flows, with four projects using the same private key

According to on-chain analyst Wazz, a rug-pull operation linked to 53 Robinhood Chain token launches extracted at least $18.43 million over a two-month period. Wazz uncovered that 45 of these launches shared common funding flows, while four projects utilized the same private key for batch funding, i

According to blockchain analyst Wazz, a rug pull gang on Robinhood Chain has cashed out approximately $18.43 million across 53 token projects over the past two months, as reported by PANews on September 27. The actual scale may be larger, Wazz noted. DEED token, which triggered the investigation, di

According to Senator Cynthia Lummis on September 27, Democrats voted down the Clarity Act, legislation that would have granted the U.S. Treasury Department new authority to combat money laundering through offshore crypto exchanges like Binance. Lummis stated that while Democrats had previously

According to French newspaper Le Monde and the French National Financial Prosecutor, a 45-year-old woman born in Russia and naturalized in France, Svetlana A., was detained and investigated by Paris investigating judges on September 27 for allegedly manipulating the Verasity (VRA) token price

According to FNN, Japanese police arrested two suspects on September 27 for cryptocurrency fraud. The 31-year-old and 38-year-old men allegedly impersonated Osaka police and deceived a woman in her 40s by falsely claiming her bank card was involved in a massive fraud case. They demanded she "prove h

Tether disclosed that its assets held with offshore banking partner EQIBank represent less than 0.034% of the stablecoin issuer's total group assets, following U.S. authorities' move to seize assets connected with EQIBank's payment processor Capstone Limited. Federal prosecutors are seeking

According to Bitcoinist, Tether confirmed that its exposure to offshore banking partner EQIBank represents less than 0.034% of total group assets following U.S. authorities' seizure of funds connected to the bank's payment processor, Capstone Limited. Based on Tether's reported asset base of $187.75

According to a recent ruling by the U.S. Court of Appeals for the Sixth Circuit, Ohio and Tennessee can regulate Kalshi's sports betting contracts under state gambling laws. The court determined that Kalshi failed to prove the contracts qualify as swaps under U.S. Commodity Futures Trading

According to on-chain analyst Yu Jin, over 90% of cross-chain swaps on THORChain involve illicit funds. Bybit's stolen funds from last year were largely transferred through THORChain, generating nearly $10 million in fees over a 10-day period, Yu Jin noted. Recently, a portion of Bitget's hacked fun

According to PANews, Beijing Shijingshan police recently intercepted a cross-border telecom fraud case and froze 780,000 yuan in illicit funds on September 27. The 53-year-old victim received fraudulent calls from overseas while accompanying his child abroad; scammers impersonated domestic police an

According to documents released by the U.S. Department of Justice (DOJ), Jeffrey Epstein inquired about stablecoin structures and cryptocurrency exchange revenue models during a conversation with Madars Virza on October 1, 2018. Epstein asked "How does the exchange make money?" and questioned what w