Enforcement Actions

Nine Democratic U.S. senators asked the Commodity Futures Trading Commission on Aug. 3 to restrict prediction contracts tied to wildfires, requesting answers from CFTC Chairman Michael Selig by Aug. 14. The senators cited $1.2 million in trading on Polymarket tied to the Palisades and Eaton fires th

According to Bloomberg, nine Democratic senators sent a letter to the CFTC on Aug. 3 requesting the agency restrict prediction contracts tied to wildfires, arguing that traders could profit from fires lasting longer or spreading farther. The senators, led by Sen. Jeff Merkley (D-OR), cited

According to CNN, Democratic senators Elizabeth Warren and Richard Blumenthal recently sent a formal letter to the SEC requesting an investigation into Trump's Solana-based memecoin (TRUMP) for potential rug-pull risk and market manipulation. Blockchain analytics firm TRM Labs stated that while

Samsung Next's portfolio company Fin, a global stablecoin payment infrastructure provider, has unconfirmed status for its European Union Crypto-Asset Service Provider (CASP) license under the Markets in Crypto-Assets (MiCA) framework, according to a review by Digital Asset on the 4th (Korean

According to reports, on August 4, B&S Holdings chairman Bang agreed to return approximately 230 billion won (about $16 million) in FTX claims to Korean creditors. A bankruptcy administrator has filed for court approval of the settlement, with a hearing scheduled for August 19. If approved, the FTX

According to South Korea's Ministry of the Interior and Safety, on August 4, the newly established Serious Crimes Investigation Agency (SCAI) will create a dedicated Joint Virtual Asset Investigation Division, beginning operations on October 2, 2026. The division will be headquartered in Seoul's

According to Bitcoin News, new evidence suggests that the anonymous switck account, who wrote LibNgU code at the center of COLDCARD's entropy failure, may be Coinkite co-founder and CTO Peter Gray. Developer James O'Beirne warned Coinkite in May 2025 about suspicious RNG implementation in LibNgU, re

In July 2026, the United Nations Office on Drugs and Crime published An Interconnected Criminal Ecosystem: Transnational Organized Crime Threat Assessment for South-East Asia, its first regional assessment in seven years. The report concludes that Southeast Asia's criminal landscape has undergone a

According to UNODC's first Southeast Asia transnational organized crime assessment in seven years, published in July 2026, criminal networks have consolidated from fragmented gangs into integrated tech-driven corporate ecosystems. The report identifies virtual assets as critical to this

According to The Business Times, Three Arrows Capital liquidators sued co-founder's wife Evelyn Tao Yaqiong on April 23 for 146 million dirhams (US$40 million) from a January 2024 Dubai villa sale. The liquidators claimed Zhu Su, Tao's husband, purchased the property in 2022 using a US$50 million

According to Specter, a wallet cluster holding 28,600 BTC worth approximately $1.8 billion has been recently identified as potentially connected to addresses previously associated with the Zhimin Qian money laundering investigation. Specter detected that a dormant Bitcoin wallet transferred 1,020 B

US District Judge Jed S. Rakoff denied the Commodity Futures Trading Commission's request for a temporary restraining order against New York's enforcement case targeting prediction market operator Kalshi. The CFTC failed to demonstrate a strong likelihood of success on the merits or a likelihood of

According to CourtListener, Federal Judge Jed S. Rakoff denied the Commodity Futures Trading Commission's emergency request to halt New York's enforcement action against prediction market operator Kalshi today. The judge found that the CFTC had not demonstrated a strong likelihood of success on the