Enforcement Actions

According to New York Attorney General Letitia James, on Monday she submitted written testimony to the Senate Permanent Subcommittee on Investigations warning that the proposed Digital Asset Market Clarity Act would weaken states' ability to enforce crypto regulations. James argued the legislation w

According to BlockBeats, Apple was sued on July 28 by three users who lost over $1.8 million after downloading a fraudulent Bitcoin wallet app on the App Store. The counterfeit app impersonated Sparrow Wallet, though the official Sparrow Bitcoin wallet has never been available on iOS. Individual los

According to Storj Labs, the decentralized storage provider filed for voluntary Chapter 11 bankruptcy protection on July 26 in the U.S. Bankruptcy Court for the Northern District of West Virginia. STORJ token fell approximately 19% over 24 hours to roughly $0.06 following the announcement. Storj La

According to The Daily Hodl, the Digital Chamber sued Illinois over its Digital Asset Tax Act, which imposes a 0.2% levy on exchanges, transfers, and storage of digital assets. The group alleges the tax discriminates against blockchain-based assets compared to economically identical activities

According to Korea Customs Service, on Monday the agency reported seizing 7.2 trillion Korean won (approximately $4.92 billion) in illegal foreign exchange transactions during the first half of 2026. The agency uncovered 792 cases involving unlawful transfer of foreign currency abroad and

According to a July 23 announcement from the Brazilian Federal Police, the agency last week arrested nine people suspected of trafficking approximately 6.5 metric tons of cocaine and laundering billions of Brazilian reals through various methods, including crypto-enabled illicit money brokers.

US Treasury Secretary Scott Bessent said on Fox News on Tuesday that the United States froze a crypto wallet linked to Iran's Islamic Revolutionary Guard Corps worth $130 million, part of a campaign to track the assets of Iran's supreme leader around the world. Bessent framed the Treasury work as on

According to Treasury Secretary Scott Bessent, the U.S. froze a crypto wallet linked to Iran's Islamic Revolutionary Guard Corps worth $130 million on Tuesday, as part of efforts to track assets of Iran's supreme leader Ali Khamenei around the world. Bessent said investigators had identified "the

On July 14, Federal Reserve Chair Kevin Warsh told the House Financial Services Committee that the Federal Reserve will not provide bailouts to the cryptocurrency industry. "We do not want to be in the bailout business, full stop," Warsh said, noting that post-2008 bailouts bred moral hazard that he