Enforcement Actions

According to BlockBeats, on June 18, Republican Senator Cynthia Lummis and Democratic Senator Ruben Gallego support a non-binding resolution to be introduced Wednesday opposing any presidential pardon, commutation, or form of executive clemency for former FTX CEO Sam Bankman-Fried. The resolution

According to Chainalysis, law enforcement agencies in Ghana and the United Kingdom have seized approximately $15.1 million in cryptocurrency from a sophisticated investment scam. Ghana's Economic and Organized Crime Office (EOCO) and the UK's National Crime Agency (NCA) dismantled a fraudulent

According to Cointelegraph, Michelle Bond, wife of former FTX executive Ryan Salame, faces four criminal counts for allegedly using FTX funds to finance her 2022 congressional campaign. A Manhattan federal judge has rejected her bid to dismiss the charges, allowing the case to

The Block reporter Gareth Jenkinson, on June 18, cited sources on X saying that ECB President Christine Lagarde directly ordered Greece to reject Binance’s MiCA license application. The report says that before the intervention, Binance had essentially already obtained preliminary approval. Binance has now turned to France as the only remaining path to obtain MiCA authorization, but it has not yet officially submitted an application. Binance’s MiCA application timeline and why the June 30 deadlin

Rodney Burton, known as 'Bitcoin Rodney,' pleaded guilty on June 17 to a federal conspiracy charge for his role in promoting HyperFund, a cryptocurrency investment scheme that U.S. prosecutors say defrauded investors of approximately $1.8 billion globally. The U.S. Attorney's Office for the

According to the U.S. Attorney's Office for the District of Maryland, Rodney Burton, 56, pleaded guilty on June 17 to conspiracy to operate an unlicensed money transmitting business. Burton, known as "Bitcoin Rodney," promoted HyperFund between June 2020 and January 2022, a cryptocurrency

According to CNBC, CME Group plans to sue the U.S. Commodity Futures Trading Commission (CFTC) over its approval of Bitcoin perpetual futures products. CME CEO Terence Duffy said on June 17 that the CFTC incorrectly classified perpetual futures as futures contracts rather than swap transactions

U.S. political media NOTUS reported on June 16 that World Liberty Financial (WLFI), a cryptocurrency project backed by the Trump family, is expected to soon receive approval from the U.S. Office of the Comptroller of the Currency (OCC), officially becoming a "national trust bank." Reuters estimates that since Trump began his second term, the Trump family has profited more than $2.3 billion through four cryptocurrency projects, with WLFI contributing the most. WLFI's business capabilities for app

On June 17, the Group of Seven reaffirmed the need for coordinated action against North Korea's digital asset theft and cyber crimes, according to a joint statement. The G7 pledged to work together on strengthening collective defenses and enforcement mechanisms to address threats stemming from North

Bitcoin (BTC) hit a weak decline, temporarily around $64,790 as of June 18. Strategy preferred stock STRC seriously de-pegged; the company claims, “Selling coins can pay 32 years of dividends,” attempting to stabilize the market. The Chicago Mercantile Exchange (CME) will sue the U.S. Commodity Futures Trading Commission (CFTC), opposing its approval of crypto perpetual futures. Macro Events & Crypto Hotspots 1、Strategy (MicroStrategy) issued “Stretch” variable-rate perpetual preferred stock STR

According to Cryptopolitan, on June 18, Rodney Burton, a Miami-based crypto promoter known as "Bitcoin Rodney," pleaded guilty to conspiracy charges in connection with the $1.8 billion HyperFund cryptocurrency fraud case. The 56-year-old admitted to operating unlicensed money transmitting entities t