Enforcement Actions

According to Cointelegraph, the U.S. Attorney's Office for the Southern District of New York has urged a court to dismiss former Celsius CEO Alex Mashinsky's motions to vacate his conviction and reduce his sentence, stating his legal arguments lack merit. Mashinsky was sentenced in May 2025 to 144 m

Federal prosecutors in the Southern District of New York filed an opposition on Friday to former Celsius CEO Alex Mashinsky's petition to vacate his fraud conviction and 12-year prison sentence. Mashinsky, who is representing himself after informing the court in May that he would proceed pro se,

According to prosecutors from the Southern District of New York, on Friday they opposed former Celsius CEO Alex Mashinsky's motion to vacate his fraud conviction and 12-year prison sentence, arguing his claims lack merit. Mashinsky, representing himself after May, claimed ineffective assistance of c

The FBI's 2025 Internet Crime Report documented 181,565 cryptocurrency complaints totaling more than $11 billion in losses from American victims. Investment fraud accounted for nearly 49% of all scam-related losses reported to the bureau. Fraudulent crypto websites now use professionally designed in

South Korea's Broadcasting, Media and Communications Standards Commission voted on 18 August 2026 to order domestic internet service providers to block access to Polymarket, classifying the crypto prediction market as illegal gambling under Korean law. The decision follows a regulatory review that b

According to News1, on 18 August 2026, South Korea's Broadcasting, Media and Communications Standards Commission voted to order domestic internet service providers to block access to Polymarket, classifying the crypto prediction market as illegal gambling under Korean law. The action concludes a

According to Cointelegraph, BitMart founder Sheldon Xia faces a 19 August deadline to disclose the exchange's assets, present a repayment plan, and explain frozen user withdrawals. The demands came through BitMart's Chinese-language X account on 17 August, which employees reportedly control. Xia dis

According to the U.S. Attorney's Office for the Northern District of Georgia, Fijian authorities deported Edward Zimbardi to the United States on August 14 to face federal charges tied to The Crypto Program, an alleged cryptocurrency Ponzi scheme that drew more than $165 million from thousands of in

Dutch prosecutors liquidated all remaining cryptocurrency assets held by bankrupt trading platform Knaken, raising $2.55 million for creditors. The district court declared Knaken bankrupt on July 16, affecting 6,300 customers who invested between $11.6 million and $13.9 million through the

Chainalysis Government Solutions filed a bid protest on July 27 in the U.S. Court of Federal Claims challenging Immigration and Customs Enforcement's approximately $94.6 million sole-source contract awarded to rival TRM Labs. The company argues ICE's decision to award the contract without an open bi

Chainalysis Government Solutions filed a bid protest on July 27 in the U.S. Court of Federal Claims challenging Immigration and Customs Enforcement's $94.6 million sole-source contract awarded to rival TRM Labs. The one-year deal, covering blockchain forensic software and support services for

Dutch prosecutors recently liquidated remaining crypto assets held by bankrupt trading platform Knaken, raising $2.55 million for 6,300 victims, officials confirmed. The platform was declared bankrupt on July 16 after significant structural deficits left a major gap between customer investments

According to its Chinese-language account, BitMart demanded founders Sheldon Lee and Yi Li respond publicly by August 19 over frozen user funds and unpaid employee salaries on August 17. The account called for verifiable asset disclosures, details on withdrawal restrictions, and a comprehensive

Edward Zimbardi, the promoter of an alleged $165 million cryptocurrency Ponzi scheme known as 'The Crypto Program,' was deported from Fiji to the United States last week after more than a year on the run. He was scheduled to appear in federal court in Los Angeles on Monday to face 25 federal

According to the U.S. Attorney's Office for the Northern District of Georgia, Edward Zimbardi, promoter of an alleged $165 million cryptocurrency Ponzi scheme called "The Crypto Program," was deported from Fiji to the U.S. last week. Zimbardi was scheduled to appear in federal court in Los Angeles o

South Korea's broadcasting regulator decided to block access to the prediction market platform Polymarket on August 18. The Korean Broadcasting and Communications Commission cited concerns that Polymarket's trading on political, payment, sports, and election outcomes features a winner-take-all

Austria's Financial Market Authority (FMA) fined crypto exchange Bitpanda 70,000 euros, approximately $82,000, marking the first publicly disclosed enforcement penalty under the European Union's Markets in Crypto-Assets Regulation (MiCA). The Vienna-based company violated procedural requirements

According to Le Monde, on August 14, Nigel Farage, leader of Reform UK, won the Clacton by-election with 63% of votes cast, which automatically triggered the resumption of a Parliamentary Commissioner for Standards investigation into an undeclared $6.3 million gift he received from crypto